Ripple (XRP) Smashes Major Milestone: Here’s Why It Matters in 2025
Ripple's XRP just bulldozed through a critical benchmark—while traditional banks still can't agree on SWIFT alternatives.
The breakthrough nobody saw coming
XRP's ledger activity spiked to levels that'd make Visa sweat, processing transactions at speeds that leave blockchain rivals choking on dust. No 'partnerships announced soon' vaporware—just hard metrics proving institutional adoption.
Why Wall Street's watching
Liquidity pools deepened by 40% quarter-over-quarter as ODL corridors expanded. Meanwhile, legacy cross-border systems hemorrhage $120B annually in fees—bankers' yachts won't fuel themselves.
The milestone cements XRP as the anti-establishment play with actual utility. Whether this triggers the long-predicted 'flippening' or just another 20% pump-and-dump? Even the crypto oracle ChatGPT couldn't predict that.
Network Growth Reaches New High
The total number of XRP accounts has reached 7.2 million, the highest ever recorded. Data from CryptoQuant shows steady growth in wallet creation since mid-2024, with no signs of slowing. The increase reflects stronger user participation and rising interest in the network.
Source: CryptoQuant
From August 2024, account growth has accelerated. At that time, there were fewer than 5.8 million wallets. Since then, more than 1.4 million new addresses have been added. The trend became more visible around November, matching a period of increased trading activity.
Meanwhile, XRP’s price touched $3.65 before easing slightly to around $3.50. Over the past week, the asset has gained 21%. During this rise, activity from large holders has shifted. On July 11, 43,575 XRP was moved from major wallets to exchanges. By July 21, the same metric dropped to 2,339 XRP, a decrease of over 94%.
This drop in exchange transfers suggests large holders are not moving tokens to sell. Less supply moving to exchanges during a price increase can reflect a tighter market, with fewer sellers active at current levels.
Technical Pattern Signals Possible Upside
According to a popular analyst, a double bottom formation has formed on the 4-day price chart, with a breakout above the $2.90 level. The pattern suggests the current MOVE could extend toward $4.40, based on the measured distance from the support base to the neckline.
The price is now trading above the former resistance, which may act as new support. Traders are watching to see if this level holds during pullbacks.
New Wallet Creation Slows Despite Growth
Even as total wallets increase, the number of new addresses being created has declined. As we recently reported, data shows just 1,598 new wallets, among the lowest in recent months.
Finally, lower market entry might constrain immediate demand, and will be amplified in the case of reduced momentum. Nevertheless, the general growth in wallets has been preserved, demonstrating an increase in users interacting with the XRP over time.
