Cryptocurrency analytics company Santiment has announced that the $XRP Ledger has recently shown significant growth signals. According to the company’s data, interest in $XRP is rapidly increasing, both in terms of usage and among key users.
Santiment reported that the number of addresses holding $XRP reached a record high of 7.7 million, and the number of daily active addresses also rose to its highest level in five weeks.
According to Santiment data, the number of daily active addresses on the $XRP Ledger (XRPL) rose to 46,767, its highest level in five weeks. This increase in network activity coincided with the $XRP price reaching a four-week high of $1.60.
At the same time, the number of non-empty addresses in XRPL reached 7.7 million for the first time.
“With its usage continuing to grow, the $XRP Ledger has reached over 7.7 million holders (non-empty wallets) for the first time in its more than 13-year history.”
In addition, the daily number of active addresses closed at 46,767, the highest level in 5 weeks.
This means that $XRP usage continues to increase even during periods of market downturns.
*This is not investment advice.