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Cryptocurrency News Articles

XRP Nears 6.5M Wallets for the First Time in Network History — Here’s Why It Matters

May 14, 2025 at 12:30 am

XRP Nears 6.5M Wallets for the First Time in Network History — Here’s Why It Matters

The wave of interest in XRP continues, with the total number of non-empty XRP wallets approaching 6.5 million—a new all-time high for the 12+ year-old network.

According to on-chain data from Santiment, this milestone signals a growing wave of interest and participation in the ecosystem.

The crypto intelligence platform notes that over +638,000 wallets were added in just the first few months of 2025. That marks an impressive +11% increase in wallet count year-to-date.

According to Santiment:

“It's common knowledge that a greater number of non-empty wallets often indicates broader participation in a cryptocurrency network. This can be a positive development, as it suggests that the token is reaching a wider audience and that the network is becoming more decentralized.”

This consistent rise in XRP holders, especially in 2025, may reflect both renewed institutional interest and increased retail participation, likely fueled by price rallies, ecosystem upgrades, or positive regulatory developments.

This is also a bullish signal, as a sharp uptick in non-empty wallets often precedes or coincides with major market movements. More holders suggest a strong foundation of support and demand.

With XRP price holding firm above $2.60 and breaking through psychological resistance zones, this wallet growth could further reinforce investor confidence—and possibly set the stage for the next leg up.

As the crypto market cools slightly with Bitcoin pulling back from recent post-tariff highs, the strong fundamentals and positive developments in the XRP ecosystem could continue to attract new investors.output: XRP is witnessing a notable surge in adoption as the total number of non-empty XRP wallets approaches 6.5 million—a new all-time high for the 12+ year-old network.

According to on-chain data from Santiment, this milestone signals a growing wave of interest and participation in the ecosystem.

The crypto intelligence platform notes that over +638,000 wallets were added in just the first few months of 2025. That marks an impressive +11% increase in wallet count year-to-date.

According to Santiment:

“It's common knowledge that a greater number of non-empty wallets often indicates broader participation in a cryptocurrency network. This can be a positive development, as it suggests that the token is reaching a wider audience and that the network is becoming more decentralized.”

This consistent rise in XRP holders, especially in 2025, may reflect both renewed institutional interest and increased participation, likely fueled by price rallies, ecosystem upgrades, or positive regulatory developments.

This is also a bullish signal, as a sharp uptick in non-empty wallets often precedes or coincides with major market movements. More holders suggest a strong foundation of support and demand.

With XRP price recently holding firm above $2.60 and breaking through psychological resistance zones, this wallet growth could further reinforce investor confidence—and possibly set the stage for the next leg up.

As the crypto market cools slightly with Bitcoin pulling back from recent post-tariff highs, the strong fundamentals and positive developments in the XRP ecosystem could continue to attract new investors.

Original source:coindoo

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