XRPL Hits 7.7M Wallets as XRP Pumps 14%, Proving Patience Isn't Always a Rug
The XRP Ledger, the granddaddy of pre-mine networks, just hit a new all-time high in user adoption that wasn't just a bot farm. Santiment data shows over 7.7 million active wallets, a record-breaking number for the ledger's 13-year run—finally giving its patient holders something to celebrate besides legal briefs.
On-chain activity is also waking up from its multi-year nap. Monday saw 46,767 active addresses, the highest figure in five weeks, suggesting fresh money—or perhaps just old bags being shuffled—is entering the fray from both retail and trading desks.
Not to be outdone by mere adoption metrics, XRP’s price decided to join the party, pumping 14% in a 48-hour window and briefly mooning past the $1.60 resistance. At press time, the token was trading around $1.51, a classic crypto performance of being up 2.56% daily, down 3.8% monthly, but up 10% weekly. Consistency is for boomers.
This little rally conveniently followed Ripple’s rollout of XRPL version 3.1.2, a critical security update that patches a vulnerability capable of crashing servers. Nothing says "bullish" like preventing the network from literally turning itself off.
The hopium in market chatter is reaching degen levels. Crypto-analyst “Crypto Tony” tweeted, “What a lovely Altcoin to trade today. Flip and long, flip and long.” Meanwhile, analyst Javon Marks is eyeing a next target above $15, a price target so lofty it requires its own oxygen supply.
If this current momentum can hold—a big "if" in a market that changes direction faster than a meme coin influencer—XRP might just be gearing up for a shot at fresh all-time highs. Stranger things have happened, usually on a Tuesday.
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