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XRP breaks records, reaching 7.7 million users amid XRP price growth
- The number of XRPL holders has exceeded 7.7 million, indicating record growth in the number of users.
- The number of active addresses reached a five-week high amid a sharp increase in network activity.
- The price of $XRP jumped 14% within 48 hours, surpassing the $1.60 level.
The $XRP token from Ripple demonstrated significant market growth as the $XRP Ledger reached an important milestone. Santiment data shows that over 13 years of operation, the number of XRPL holders has reached 7.7 million for the first time.
Ripple news demonstrates how $XRP adoption is growing amid increased user activity. Santiment data shows that the price of $XRP reached its peak alongside rising activity.
XRPL adoption grows rapidly: number of holders reaches 7.7 million
According to the latest Santiment data, the XRPL ecosystem is showing significant growth in user numbers and activity. Santiment published a report stating that the $XRP Ledger now has more than 7.7 million users with active wallets.
The $XRP Ledger network reached this milestone for the first time since its launch in 2012. The network’s popularity is growing as users maintain a stable level of usage.
Ripple released an update for the $XRP Ledger, version 3.1.2, aimed at fixing critical security vulnerabilities that existed in the system. It resolves a serious issue that could have caused server crashes or unexpected restarts.
Santiment data also indicates a sharp increase in blockchain activity. On Monday, the number of active addresses reached 46,767, the highest level in the past five weeks. The growth in user activity indicates that both retail users and traders have begun showing renewed interest in the platform.
$XRP price rises amid increasing network activity
Santiment data showed that the price of $XRP increased significantly, occurring simultaneously with the rise in XRPL activity. According to the report, the Ripple token price jumped by 14% in just 48 hours.
At the time of publication, the price of $XRP was $1.51, showing a 2.56% increase for the day. Although the token declined by 3.8% over the past month, it rose by 10% over the week.
Amid growing interest from institutional investors and technical indicators, $XRP continues to rise rapidly.
If the current momentum continues, the price of $XRP may reach new all-time highs.
