XRP Nears Historic Milestone: 6.5 Million Wallets Now Hold Ripple’s Crypto After 12-Year Grind

Ripple’s XRP defies the ’ghost chain’ whispers as its holder base swells to 6.5 million—proving even Wall Street’s most-sued asset can find love (or at least speculative interest).

The cryptocurrency—once bankers’ favorite blockchain punching bag—now flirts with a record-breaking adoption metric while BTC maxis seethe. Not bad for an ’unregistered security.’

Fun fact: 6.5 million holders is roughly 6.499 million more than the number of traditional finance execs who understand how XRP actually works.

XRP continues to enjoy growing confidence, adoption, and interest, given that the number of holders is just a stone’s throw away from the 6.5 million mark.

According to leading crypto analytics firm Santiment, “XRP’s number of holders has grown by +11% thus far in 2025 alone.”

According to Santiment data, the number of non-zero XRP wallets has increased net by 638,000 since the beginning of the year, bringing the total number to 6.46 million.

As XRP witnesses increased network participation and positive market sentiment, the altcoin recently elbowed Tether (USDT) to become the third-largest cryptocurrency based on market value.

With a market capitalization of $152.5 billion compared to Tether’s $150.3 billion, XRP continues to witness a more active and healthier network. 

XRP’s Open Interest Skyrockets

According to Coinglass data, open interest in the XRP network has seen a 5.12% increase to hit $5.65 billion.

This shows that new money is entering the XRP market because open interest illustrates the total number of outstanding options or futures contracts that have not yet been closed or settled.

Therefore, XRP is experiencing heightened market liquidity and activity, which paints a bullish picture.

Meanwhile, popular analyst Ali Martinez expects a surprise XRP eruption to the $15 price zone, thanks to a symmetrical triangle pattern that has existed since 2018.