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XRP Wallet Growth Hits 8-Month High, Signaling Renewed Market Interest According to leading on-chain analytics provider Santiment, the XRP Ledger has experienced a remarkable surge in activity over the past few days. Data reveals that 21,595 new XRP wallets were created within a 48-hour period, marking the highest growth level in eight months.  Source: Santiment This spike in wallet creation suggests renewed interest in XRP and may indicate increasing adoption among retail investors and crypto enthusiasts. New wallet creation is a key on-chain indicator of rising user engagement. While wallet numbers don’t directly track trading volume or price, they reflect growing network participation. Santiment’s data shows this recent surge in XRP wallets surpasses the year-long average, hinting at a potential shift in investor sentiment toward XRP. Wallet growth often signals broader market trends. Historically, spikes in XRP Ledger wallet creation have aligned with higher transactional activity and occasional bullish momentum. The current surge, amid XRP’s steady recovery from consolidation, intensifies speculation about near-term price upside. Ongoing XRP ecosystem developments, spanning strategic partnerships, enterprise adoption, and expanding DeFi applications, are drawing new participants to the network. At the same time, broader crypto market trends, often shaped by Bitcoin and Ethereum, are prompting investors to diversify into established altcoins like XRP. Senate Committee Prepares to Vote on CLARITY Act Before Thanksgiving Senate Agriculture Committee Chair John Boozman announced that the long-awaited CLARITY Act, co-sponsored by Sen. Cory Booker, will be voted on in committee before Thanksgiving to take place on November 27. The bill seeks to provide a clear regulatory framework for digital assets classified as commodities, offering critical guidance to the crypto market. “We’re going to get it done this year,” Boozman stated, underscoring the urgency of the effort despite the backdrop of a prolonged government shutdown. The CLARITY Act represents…

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Filed under: News - @ November 7, 2025 2:29 pm