Over the past week, there has been a significant increase in the number of active XRP wallets. According to data from Glassnode, the number of active XRP addresses has surged by 620%, rising from 74,589 to 462,650. This surge comes after a report of a 50% decline in active XRP addresses between December and February. During this same period, the price of XRP has increased by approximately 25.48%. The price surge on March 2, which saw XRP reach $3.29, was driven by news of Donald Trump approving the creation of a US strategic crypto reserve that includes XRP. However, XRP experienced a sharp decline of 24.72% within two days following the surge. In the past 24 hours, XRP has increased by 10.27% and is currently priced at $2.51. Additionally, Whale Alert, a blockchain monitoring platform, spotted a massive XRP withdrawal from OKX exchange, but it was later determined to be an internal transaction. Whale Alert has been tracking large XRP transactions between anonymous wallets and major exchanges in recent days.
Content Editor ( u.today )
- 2025-03-05
Active XRP Addresses Skyrocket Crazy 620%, Here's What's Happening
