XRP Daily Addresses Surge 1,609% to 547,000 in 24 Hours

The XRP ecosystem has experienced a notable increase in activity, with daily active addresses (DAAs) rising by 1,609% within 24 hours. Key points include:

  • DAAs surged from 32,000 to 547,000 between June 9 and June 10, indicating heightened engagement with the XRP blockchain.
  • This uptick suggests increased interest from retail traders and institutions, potentially linked to Ripple’s partnership with Web3 Salon to foster blockchain innovation in Japan.
  • The current price of XRP is $2.29, reflecting a 1.68% increase over 24 hours and 4.08% over the past week.
  • Analyst EGRAG CRYPTO predicts that XRP could reach $27, citing its potential for rapid price movements and market adaptability.
XRP Active Addresses and XRP Price | Source: Santiment

XRP Active Addresses and XRP Price | Source: Santiment