Gate News bot message, Santiment's on-chain data shows that ecological activity on the XRP Ledger is increasingly active due to various factors. In the past week, the number of daily active addresses for XRP surged to 295,000.
In the past three months, the daily average number of active XRP addresses has hovered between 35,000 and 40,000. Compared to the average in the previous three months, the number of daily active addresses has increased sevenfold, indicating a significant rise in on-chain activity.
Data also shows that the number of on-chain whale wallets has surged. Currently, there are 2,708 wallets holding at least 1 million XRP, the highest point since 2012, with each wallet's XRP holdings valued at approximately 2.25 million dollars.
As the number of XRP whales reaches an all-time high, Ripple CEO Brad Garlinghouse recently made optimistic statements, predicting that XRPL will capture 14% of SWIFT's liquidity within five years. The rapid growth of the XRPL ecosystem and its cross-border payment capabilities will be the supporting factors.
In addition, the bullish indicators surrounding this blockchain are closely related to institutional participation. Ondo Finance is bringing tokenized US securities to the XRP Ledger, while Circle's USDC has officially launched on this network.
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The number of daily active addresses for XRP has surged 7 times, and the number of whales holding over 1 million XRP has reached a new high.
Gate News bot message, Santiment's on-chain data shows that ecological activity on the XRP Ledger is increasingly active due to various factors. In the past week, the number of daily active addresses for XRP surged to 295,000.
In the past three months, the daily average number of active XRP addresses has hovered between 35,000 and 40,000. Compared to the average in the previous three months, the number of daily active addresses has increased sevenfold, indicating a significant rise in on-chain activity.
Data also shows that the number of on-chain whale wallets has surged. Currently, there are 2,708 wallets holding at least 1 million XRP, the highest point since 2012, with each wallet's XRP holdings valued at approximately 2.25 million dollars.
As the number of XRP whales reaches an all-time high, Ripple CEO Brad Garlinghouse recently made optimistic statements, predicting that XRPL will capture 14% of SWIFT's liquidity within five years. The rapid growth of the XRPL ecosystem and its cross-border payment capabilities will be the supporting factors.
In addition, the bullish indicators surrounding this blockchain are closely related to institutional participation. Ondo Finance is bringing tokenized US securities to the XRP Ledger, while Circle's USDC has officially launched on this network.
Source: CoinGape