The number of XRP wallet activations has increased significantly in the past three months, indicating strong interest in the Ripple-affiliated token. XRP experienced a significant rally in November, with its price soaring by 284%. It has outperformed the broader market and surpassed BNB by market capitalization. As a result of this positive performance, the XRP Ledger explorer has voted to reduce the account reserve to 1 XRP. This reserve is required to activate an account and submit transactions. Additionally, Ripple conducted another monthly token unlock, releasing 1 billion tokens. The total amount of XRP held by Ripple in its escrow accounts is 38.9 million tokens.
- Content Editor ( u.today )
- 2024-12-01
XRP Sees Large Jump in Wallet Activations as Price Eyes $2