According to a report from Santiment, the XRP Ledger is showing significant growth and user interest, reflected in network activity.
Increase in Unique XRP Addresses Activity
Over the past week, more than 295 thousand unique XRP addresses interacted daily, nearly 7 times the average interaction level of 35-40 thousand over the last three months.
Rise in Shark and Whale Wallets
The number of wallets holding at least 1 million XRP has surpassed 2,700 for the first time. This occurrence marks a first in XRP's more than 12-year history.
New Development: XRP ETF
Purpose Investments announced the launch of an XRP ETF set to trade on the Toronto Stock Exchange starting June 18. The ETF will be available in three versions: Canadian dollar-hedged, Canadian dollar-unhedged, and US dollar.
Data analysis indicates that interest in XRP continues to grow, and new financial products such as ETFs create additional investment opportunities.
