XRP Hits 8.24 Million Funded Addresses Amid Volatility

The XRP Ledger now has 8.24 million addresses holding a balance, an unprecedented level despite recent XRP volatility. This growth confirms the network’s expansion, but it is not yet enough to trigger a sustainable price recovery. The number of non-empty addresses on the XRP Ledger reached a record 8.24 million, according to data published by the analytics platform Santiment. This increase continued while XRP hovered around 1.30 dollars after several difficult weeks. The network recorded 4,772 new wallets in just one day. This is the fifth largest daily peak observed since March. This acceleration suggests renewed interest in the ecosystem, without allowing to precisely determine how many new investors have joined the network. Santiment estimates that the growth in the number of holders continues despite the weak price.

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