BTC
ETH
SOL
XRP
BNB
TON
DOT
LTC
POL
HBAR
NEAR
ARB
UNISantiment says XRP wallets hit record 8.24 million as network growth accelerates
Blockchain analytics firm Santiment reports a record 8.24 million nonempty XRP Ledger addresses, with 4,772 new wallets added in a day, the fifth-largest daily spike since March.
Key points
- Nonempty XRP Ledger addresses reached a record 8.24 million, Santiment reported on 22 Oct.
- Santiment flagged $1.40 as the first level to watch, with XRP trading at $1.27 at the time of writing.
Santiment says XRP wallet growth has pushed the number of funded addresses on the XRP Ledger to a record 8.24 million, even as the token's price swung over recent months. The analytics firm reported the figure on 22 Oct and noted that daily growth had climbed to 4,772 new wallets, the fifth-largest one-day spike since March.
The firm said holder growth was still rising while XRP traded near $1.36, though the token stood at $1.27 at the time of writing.
Because exchanges can hold customer funds at shared addresses identified by destination tags, wallet totals measure addresses rather than individual users.
The article also points to other activity around XRP.
What to watch: Santiment's outlook hinges on whether XRP holds above $1.40 with daily wallet growth near or above 4,000.
Live updates on NewsFeeds:AltcoinsDesk editor: Keshav Aggarwal (accountable for this page; this summary was not edited by hand)
How this was produced: an AI model wrote this summary of Bitcoin.com News’s report, which we credit and link above. Read our Editorial and AI policy. Spotted a mistake? See Corrections.
Not investment advice. Read the risk disclaimer.