Surge in Activity on XRP Ledger: Whale Wallet Reaches Record Highs?

Jakarta, Pintu News – Recent data from Santiment shows a significant increase in activity on the XRP Ledger, driven by a variety of factors. In the past week, the number of addresses interacting daily with XRP Ledger jumped to 295,000.

This marks a seven-fold increase compared to the previous three months’ average, which ranged from 35,000 to 40,000 addresses per day.

Check out the full data in this article!

Whale Wallet Upgrade

Currently, there are 2,708 wallets that hold at least one million Ripple , with a value of approximately $2.25 million per wallet. This is the highest number in the 12-year history of Ripple (XRP), signaling great interest from large investors or whales.

This rise in the number of whale wallets comes on the heels of an optimistic prediction from Ripple CEO, Brad Garlinghouse, stating that the XRP Ledger could take over up to 14% of SWIFT’s liquidity in the next five years.

The involvement of large institutions is also playing an important role in the growth of the XRP Ledger ecosystem. Ondo Finance recently introduced tokenized US securities to XRP Ledger, and Circle has officially launched USDC on the network. The partnership with Guggenheim to launch digital commercial paper on XRP Ledger also adds legitimacy and trust to the platform.

Also read: SOL is predicted to outperform ETH and BTC as a corporate financial asset!

Innovation and Institutional Players

Innovation continues to be the main driver behind XRP Ledger’s momentum. Ripple CTO, David Schwartz, recently proposed a fee update for XRP Ledger, which aims to make it more competitive compared to Ethereum .

These updates are expected to improve performance and cost efficiency, making XRP Ledger a more attractive option for developers and users. Speculation regarding the approval of Ripple (XRP) by the US Securities and Exchange Commission (SEC) has also been an important factor driving activity on XRP Ledger.

This approval is considered crucial for the future of Ripple (XRP) in the US market, and positive expectations from the market have contributed to increased investor activity and interest.

Conclusion

With a significant increase in the number of daily interacting addresses and a record number of whale wallets, XRP Ledger shows strong growth potential. The combination of technical innovation, involvement of large institutions, and regulatory speculation creates an environment conducive to further adoption and investment. Going forward, XRP Ledger will probably continue to play a significant role in the global payments ecosystem.

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This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• Coingape. XRP Ledger Activity Explodes, Daily Addresses Up 7x, Whale Wallets Hit All-Time High. Accessed on June 17, 2025
• Featured Image: U Today