The number of major wallets for $XRP

exceeds 2700 wallets for the first time since the network launch.

San,,timent published a recent report showing that the ledger of $XRP , a digital currency used on the #Ripple network to facilitate international financial transfers quickly and at low cost, is witnessing significant growth in terms of usage and participation from major stakeholders.

According to the report, the average number of active addresses interacting with the network daily exceeded 295,000 addresses over the past week, while the daily average over the past three months ranged between 35,000 to 40,000 addresses only.

The report also recorded a remarkable achievement in the history of the digital asset, where the number of wallets containing one million units of $XRP or more, owned by "whales" and "sharks", has risen to over 2700 wallets for the first time since the network's launch more than 12 years ago.