XRP Wallets With Over 1 Million Tokens Reach Record High
On-chain data indicates a rise in XRP's shark and whale population, alongside increased blockchain activity.
XRP Wallets with 1 Million+ Tokens Reach Record High
- The number of XRP wallets holding over 1 million tokens has reached 2,708, a new record.
- This threshold equates to approximately $2.2 million at current exchange rates, highlighting significant investor interest.
- Sharks and whales, or large holders, influence the network due to their substantial holdings.
- A recent spike in Daily Active Addresses averaged 295,000, up from 35,000-40,000 over the past three months.
- Increased wallet activity may indicate new big-money investors entering the market.
XRP's price briefly surpassed $2.33 but has since decreased to $2.20.
