According to blockchain analytics firm Santiment, the average number of daily interacting XRP addresses has rocketed past 295,000 over the past week—up nearly 7x from the previous 3-month average of just 35,000 to 40,000.

This sharp increase signals not just a temporary burst of usage, but a meaningful expansion in network participation.

Whale and Shark Wallets Reach New Milestone

Alongside this network spike, another major milestone has been reached: for the first time ever, over 2,700 wallets now hold at least 1 million XRP (roughly $525,000+ at current prices).

This includes both whale and shark-tier addresses, signaling growing confidence from large stakeholders.

Santiment notes that the current total stands at 2,708 unique wallets, a level of large-scale accumulation never seen before in XRP’s history.

Network Strengthening Across All Fronts

Together, these metrics suggest strong structural growth for the XRP ecosystem. Elevated user activity and deep-pocketed holder expansion could pave the way for renewed market momentum—especially if these trends persist.

As institutional interest in XRP continues to grow amid regulatory clarity and cross-border payment initiatives, the latest on-chain data positions XRP as one of the most actively expanding ecosystems in the digital asset space.

The post XRP Activity Explodes as Daily Addresses and Whale Wallets Hit Record Highs appeared first on Coindoo.

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Filed under: Bitcoin - @ June 16, 2025 9:02 pm