The XRP Ledger is experiencing a major surge in on-chain activity, marking one of the most significant usage spikes in its 12-year history.
According to blockchain analytics firm Santiment, the average number of daily interacting XRP addresses has rocketed past 295,000 over the past week—up nearly 7x from the previous 3-month average of just 35,000 to 40,000.
This sharp increase signals not just a temporary burst of usage, but a meaningful expansion in network participation.
Whale and Shark Wallets Reach New Milestone
Alongside this network spike, another major milestone has been reached: for the first time ever, over 2,700 wallets now hold at least 1 million XRP (roughly $525,000+ at current prices).
This includes both whale and shark-tier addresses, signaling growing confidence from large stakeholders.
Santiment notes that the current total stands at 2,708 unique wallets, a level of large-scale accumulation never seen before in XRP’s history.
Network Strengthening Across All Fronts
Together, these metrics suggest strong structural growth for the XRP ecosystem. Elevated user activity and deep-pocketed holder expansion could pave the way for renewed market momentum—especially if these trends persist.
As institutional interest in XRP continues to grow amid regulatory clarity and cross-border payment initiatives, the latest on-chain data positions XRP as one of the most actively expanding ecosystems in the digital asset space.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/xrp-activity-explodes-as-daily-addresses-and-whale-wallets-hit-record-highs/