The post XRP Ledger User Base Grows 7x — Will a Price Jump follow? appeared on BitcoinEthereumNews.com.

The XRP Ledger has seen its daily active addresses rise sevenfold, from 35,000 to over 295,000, in just one week. The whale wallet count jumped to an all-time high of 2,700, suggesting a rise in stakeholder adoption. A new report shows that the XRP Ledger (XRPL) has seen an unexpected surge in activity over the past week. Daily active addresses increased remarkably from an average of 35,000 to over 295,000. This massive growth has renewed attention on the XRP network and raised questions about whether the coin price will soon respond. Whale Activity Signals Stronger Network Confidence Data from Santiment shows that the XRP Ledger user base has expanded rapidly, suggesting growing trust and interest in the protocol. This increase in network activity coincides with a major milestone: the number of wallets holding over one million XRP has reached an all-time high of 2,700.  Image Source: Santiment on X It is important to add that this figure is the highest in the protocol’s 12-year history and hints at growing participation by institutional players and large holders.  Also, as these large accounts increase, they will likely view XRP as a long-term play. This also indicates a broader shift in how crypto assets like XRP are seen. It will show that they are either tradable coins or strategic reserves.  As we covered in our latest Data from Santiment, a clear example was when VivoPower, a publicly listed firm, revealed a partnership with the Flare blockchain. This collaboration aims to generate yield from XRP holdings. The company had invested $121 million in XRP in May, making it the first to build a treasury focused entirely on the coin. Meanwhile, XRP is trading at $2.20 at the time of writing. It has moved between $2.10 and $2.32 in the last week, with a 0.10%…

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Filed under: News - @ June 18, 2025 7:18 am