XRP Adoption Soars: Daily Users Jump 7x and Whale Wallets Hit Record High
The XRP Ledger (XRPL) is witnessing explosive growth, with daily active addresses surging to 295,000—a staggering sevenfold increase from its three-month average of 40,000. This remarkable uptick in user activity underscores the growing adoption and utility of the XRPL. Adding to the bullish sentiment, the number of whale wallets holding at least 1 million XRP (each valued at approximately $2.25 million) has reached an all-time high of 2,700, reflecting heightened institutional confidence in the asset. Ripple CEO Brad Garlinghouse further fueled optimism during his keynote at the 2025 XRPL Apex event, hinting at ambitious future prospects for the XRPL ecosystem. As of June 2025, these developments signal a robust and expanding network, positioning XRP for potential long-term growth in the cryptocurrency market.
XRP Daily Users Surge 7x as Whale Wallets Reach Record High
The XRP Ledger (XRPL) is experiencing unprecedented growth, with daily active addresses skyrocketing to 295,000—a sevenfold increase from its three-month average of 40,000. Whale wallets holding at least 1 million XRP (worth ~$2.25M each) have also hit an all-time high of 2,700, signaling heightened institutional confidence.
Ripple CEO Brad Garlinghouse fueled Optimism at the 2025 XRPL Apex event, predicting XRPL could capture 14% of SWIFT's liquidity within five years due to its cross-border efficiency. Institutional momentum continues with Guggenheim partnering to launch digital commercial paper on XRPL, while ONDO Finance expands ecosystem use cases.
Ripple and SEC Seek Pause in Appeal Amid Settlement Negotiations
Ripple Labs and the U.S. Securities and Exchange Commission have jointly requested the Second Circuit Court to suspend their ongoing appeal proceedings. The move, formalized in a June 16, 2025 filing, provides breathing room for both parties as they explore potential settlement options.
The SEC committed to delivering a fresh status update by mid-August 2025. This strategic pause grants the district court necessary time to adjudicate pending motions while allowing confidential settlement discussions to progress. Market observers anticipate the resolution could establish critical precedents for cryptocurrency regulation.
XRP Whale Holdings Reach Record High Amid Growing Market Confidence
XRP has achieved a significant milestone with over 2,700 whale wallets now holding at least 1 million tokens, the highest count in its 12-year history. Blockchain analytics firm Santiment highlighted this surge as a bullish signal for the cryptocurrency's price trajectory.
Network activity has also spiked, with daily active XRP addresses averaging 295,000 over the past week—a sevenfold increase from the typical 35,000-40,000 range observed in previous quarters. The payments-focused cryptocurrency, utilized by Ripple for cross-border transactions, currently trades at $2.23, reflecting a 7% year-to-date gain.
XRP Outperforms Flat Crypto Market with 3.24% Surge Amid ETF Launch and Whale Activity
XRP defied stagnant market conditions with a 3.24% rally to $2.24, while the broader crypto sector inched up just 0.13%. The token's outperformance comes despite lingering legal uncertainty from Ripple's ongoing SEC case.
Purpose Investments' launch of Canada's first spot XRP ETF has injected institutional demand. The tax-advantaged product (trading as XRPP, XRPP.B, and XRPP.U on TSX) marks a watershed moment for regulated exposure to the digital asset.
On-chain metrics reveal surging network activity, with daily active addresses exploding to 295,000 from a 3-month average of 35,000-40,000. Whale accumulation reaches record levels, with over 2,700 wallets now holding 1M+ tokens - a strong vote of confidence from large investors.
Ark Invest Capitalizes on Circle's Meteoric Rise, Offloading Shares After 50% Gain
Cathie Wood's Ark Invest executed a swift profit-taking maneuver, selling nearly 300,000 Circle (CRCL) shares within ten days of purchase as the stablecoin issuer's stock surged 50% to $151. The disposal across ARK Innovation ETF and ARK Next Generation Internet ETF netted $51.7 million at peak valuation.
Circle's ascent continues unabated following its explosive 2025 IPO, with shares quintupling from their $31 debut to a $30 billion market cap. CEO Jeremy Allaire positions stablecoins for an "iPhone moment" as programmable digital dollars gain traction, coinciding with U.S. Senate progress on landmark regulatory framework legislation.
The company expanded its USDC stablecoin to XRP Ledger's mainnet, eliminating bridge requirements for institutional access. This infrastructure development occurs alongside growing political recognition of stablecoins' systemic role in digital finance.
XRP Whales Accumulate at Unprecedented Rate Amid Surging Network Activity
XRP Ledger has witnessed explosive growth in network activity, with daily active addresses skyrocketing to over 295,000—a sevenfold increase from the typical 35,000-40,000 range observed during the past quarter. This surge coincides with record whale accumulation, as wallets holding 1+ million XRP tokens breached 2,700 for the first time in the blockchain's 12-year history.
Trading volumes tell a similar story of renewed interest. Spot transactions surged 248-300% while derivatives activity hit $9.57 billion. The token currently consolidates NEAR $2.31, testing a critical resistance level at $2.35 that could determine its next major price movement.
Such simultaneous growth in retail and institutional participation often precedes significant market moves. The expanding whale cohort—traditionally comprising exchanges, custodians, and institutional investors—suggests growing confidence in XRP's infrastructure ahead of potential regulatory clarity for crypto assets.
