XRP Hits Whale Wallet Milestone as June Sparks Major Investor Activity
The post XRP Hits Whale Wallet Milestone as June Sparks Major Investor Activity appeared on BitcoinEthereumNews.com.
In a Tuesday X post, Santiment revealed that Ripple’s decentralized blockchain, XRPL, has seen a surge in activity and investor interest. XRP just hit a major milestone, with over 2,700 whale wallets, the highest in 12 years, and daily active addresses surging to 295,000. The XRP Ledger (XRPL) is experiencing a major resurgence, and the numbers speak for themselves. According to on-chain analytics platform Santiment, usage of the XRP Ledger has increased in the past week, showing “serious signs of growth” from both user activity and large stakeholders. The most eye-catching stat? Over the past seven days, the network has seen an average of more than 295,000 interacting XRP addresses per day, a leap compared to the previous three-month average of just 35,000 to 40,000 addresses daily. That’s not a small uptick; it’s a near 8x increase. Institutional and high-net-worth interest is heating up, too. Santiment revealed that for the first time in XRP’s 12-year history, there are 2,708 whale and shark wallets holding at least 1 million XRP each, that’s about $2.25 million or more at the time of writing. These large holders, often early indicators of long-term confidence and strategic investment, could be positioning themselves for something bigger. Backing this growth is data from DeFiLlama, which shows that XRP Ledger’s total value locked (TVL) has climbed to $59.83 million, with a modest 2.76% increase in the last 24 hours. While XRP’s DeFi scene is still developing compared to Ethereum or Solana, a steadily growing TVL signals increasing capital commitment within its decentralized applications. Zooming in further, the stablecoin market cap on XRPL stands at around $71.06 million. XRPL hosts a vibrant stablecoin ecosystem, including USDS, RLUSD, EURS, XUS, and AUDC. Notably, these stablecoins are a foundational part of any blockchain ecosystem because they enable users to transact without…
Filed under: News - @ June 17, 2025 7:22 pm