XRP Ledger Explodes: 295K+ Daily Users & Whale Activity Smashes Records
Ripple''s XRP Ledger isn''t just humming—it''s roaring. Daily users blasted past 295,000 as whales piled in at unprecedented levels. Forget ''quiet accumulation''—this is a full-scale stampede.
Whales go all-in
The big players aren''t dipping toes—they''re diving headfirst. Record-breaking transactions suggest institutional money''s finally playing nice with crypto''s most lawsuit-battered asset. (Take notes, Wall Street—decentralization doesn''t care about your compliance meetings.)
Network stress-test or breakout?
With activity like this, the real test begins. Can XRP''s infrastructure handle mainstream adoption—or will it buckle under pressure like a crypto exchange during a bull run? One thing''s certain: the ledger''s proving it''s more than just Ripple''s legal baggage.
Ripple’s Adoption Continues
According to the latest Santiment data, XRPL is currently experiencing a massive spike in adoption. XRP ledger is showing serious signs of progress as the number of XRP addresses interacting with the ledger is averaging at $295K daily.
Moreover, the token is also attracting heavy whale activity and momentum at the same time. Statistically, the token is a beacon for whales at the moment, with nearly 2700 whales and shark wallets reportedly holding nearly 1M XRP in their wallets.
The XRP ledger is showing serious signs of growth, from both a usage and key stakeholder perspective.
The amount of interacting $XRP addresses has averaged over 295K per day over the past week. Its normal daily average over the past 3 months was approximately 35-40K.
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In addition to this, the XRP ETF narrative is also once again gaining steam with Canada’s purpose XRP ETF set to go live on June 18.
Impact On The Token’s Price?
With such bullish Indicators flashing in the market, XRP is bound to hit a big one way or the other. Per Egrag Crypto, a notable XRP expert, the token is already eying the mighty $24 price stance, as XRP continues to target major business domains and sectors.
The XRP ledger is showing serious signs of growth, from both a usage and key stakeholder perspective.
The amount of interacting $XRP addresses has averaged over 295K per day over the past week. Its normal daily average over the past 3 months was approximately 35-40K.
… pic.twitter.com/RvxE8BSFAg
At the same time, Egrag crypto was also noted, stating how XRPL is capable of revolutionizing the entire financial sector.
#XRPL: The Financial Nuclear Weapon of the Digital Era
In the vast realm of digital assets, where uncertainty often reigns supreme, one digital asset stands out with unparalleled clarity and potential: #XRP. While it may have been overshadowed by the HYPE surrounding #Bitcoin… pic.twitter.com/CKcxBMrawM