$ETH ETH Ethereum, whose price has also accelerated in the past few weeks, has benefited from more than 110,000 new wallets created on average daily over the past month, while USDT lags behind with 36,400.

However, the situation with Ripple is quite concerning as only 3,500 new wallets have appeared each day (again, on average). This indicates that retail investors are still on the sidelines when it comes to new participation with XRP, which is in stark contrast to the growth seen in December 2024.

At that time, newly established wallets surged to over 20,000 while XRP was in the midst of a spectacular run, exceeding $3. However, currently, the lack of actual retail demand could pose trouble for the asset.

The past 24 hours have been somewhat painful for XRP, with the price dropping over 5% and falling below $2.5 after being rejected at $2.7 earlier this week. Nevertheless, analysts remain adamant that Ripple's cross-border token has a clear sky ahead and will continue to rise as long as it does not lose the support level of $2.38.