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XRP Reaches Wallet Records and Price Growth Amid Speculations of Further Increases

XRP Reaches Wallet Records and Price Growth Amid Speculations of Further Increases

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by Giorgi Kostiuk

6 hours ago


Following the Ripple-SEC lawsuit, many believed XRP wouldn't recover. However, the token is now demonstrating impressive results in the cryptocurrency market.

XRP Wallet Growth

A key indicator of renewed interest in XRP is the increase in the number of non-empty wallets, which has reached nearly 6.5 million—the highest in the network’s 12-year history. Over 638,000 new wallets were added in the first few months of 2025 alone, reflecting an increase of more than 11%.

Surge in Trading Activity on Binance

Futures market data from Binance shows that interest in XRP is rising again. Meanwhile, analyst Funding Vest reports that short-sellers are becoming more aggressive, but buyers are holding strong, suggesting that sellers may be getting 'absorbed'.

Price Forecasts for XRP

Popular technical analyst MackAttackXRP notes a bullish pennant pattern on the weekly chart. If this pattern breaks upward, XRP could aim for prices above $3.40, with bullish projections placing targets as high as $5.00 to $6.00.

XRP continues to impress investors with its rising interest and market activity. Records in wallet numbers and trading activity suggest the potential for further price increases.

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