Currently, XRP has recorded a milestone with a record number of addresses holding at least one token. This signifies growing user interest in the network.
Record Number of Addresses
XRP has reached a new milestone, with the number of addresses holding at least one token exceeding 6.26 million. This figure highlights increasing user interest, according to analyst Ali Martinez.
Network Activity
Data from Glassnode indicates that both new and active wallets are witnessing growth as well. Since the beginning of 2024, new XRP addresses have been consistently created, suggesting more users are joining the network.
XRP Exchange Trends
Coinglass data reveals that net outflows of XRP from exchanges began in mid-January 2025, which is often interpreted as accumulation by long-term holders. This trend aligns with the current price stabilization of XRP above the $1.80 level.
The increase in address counts and user activity on the XRP network supports a bullish outlook for the token, despite current market volatility.
