The XRP Ledger has reached a landmark achievement, as reported by Santiment, an on-chain data aggregator. The ledger has experienced a record-breaking increase in the number of wallets containing more than zero XRP coins, hitting the highest point in its over ten-year history. As of the recent data, the XRP Ledger proudly hosts a staggering 5.02 million wallets with nonzero XRP balances. This is a significant jump from the 1.5 million recorded as of January 31, showcasing a remarkable growth trajectory.
This uptick in the number of small wallets holding XRP coins is a robust indicator of the cryptocurrency’s expanding appeal and investor confidence. Alongside this, the vigorous activity of XRP whales, who are actively transferring massive quantities of XRP to exchanges, further energizes the market dynamics.
As the sixth largest cryptocurrency by market cap, XRP’s impressive 104% network expansion over the last three years marks it as a prominent player in the cryptocurrency space, reflecting its increasing adoption and potential for shaping the future of digital finance.