XRP Ledger wallets hit 8.24 million as whale deposits surge to Binance

XRP has reached a significant milestone in adoption, with the XRP Ledger now supporting 8.24 million non-empty wallets. This increase comes during a challenging period for the cryptocurrency, which has seen a 17.21% decrease in price over the past month. On-chain analytics provider Santiment reported that the XRP Ledger added 4,772 non-empty wallets in a single day, marking the fifth-largest daily increase in wallet growth since March. This continues a broader trend of accumulating new addresses on the network, even as XRP’s price remains under pressure. Santiment’s data reveals that the surge in wallet creation echoes a previous episode when approximately 4,300 new wallets were activated in one day, a period also marked by significant outbound transfers from large holders.

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