Over 2,700 wallets now hold at least 1 million XRP tokens, marking the first time in cryptocurrency’s 12-year history.
Daily active addresses jumped to 295,000 from the typical 35,000-40,000 range, indicating real utility beyond speculation.
The XRP network has hit a major milestone, which shows an increasing institutional trust in the altcoin. More than 2,700 whale & shark wallets hold at least one million XRP tokens as per Santiment data. This is the first time in the 12-year history of cryptocurrency. Such a massive concentration by large investors is unprecedented and is an indication that more sophisticated investors are becoming more confident in the long-term outlook of XRP.
The whale activity is accompanied by the explosive growth of the network usage patterns. The number of addresses that interact on a daily basis has increased to 295,000 per day over the past week. The data is an advance from a three-month average of 35,000 to 40,000. Such a rampant gr
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