XRP Network Sees Massive Wallet Growth, Hits 8-Month High
XRP Network Sees Massive Wallet Growth, Hits 8-Month High
On-chain data reveals a significant increase in new XRP wallet creations, with 21,595 new wallets in just 48 hours, marking the highest growth in eight months. This surge indicates a strong influx of new users onto the XRP network, according to Santiment's Network Growth metric.
XRP Network Growth Spikes To 8-Month High
On-chain data shows XRP has witnessed a huge wave of wallet creation recently, indicating an influx of users has occurred on the network. According to data from on-chain analytics firm Santiment, XRP has seen a huge spike in its Network Growth recently. This indicator keeps track of the number of new wallets being created on the network each day, providing insight into user adoption trends.
The recent surge, particularly the creation of 21,595 new wallets in just 48 hours, signifies a robust expansion of the XRP user base. This strong activity suggests renewed interest and engagement within the XRP ecosystem, as the network records its highest growth in new wallets over an eight-month period.