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Ripple News: XRP Hits 12-Year Milestone With Over 2,700 Whale Wallets Holding Over 1M XRP, Onchain Data Show

Summary by Coin Desk
The number of whale wallets holding large amounts of XRP XRP has increased to a record high in a sign of confidence in the cryptocurrency's price prospects. "There are now over 2,700 whale & shark wallets holding at least 1M XRP for the first time in the asset's 12 plus year history," blockchain analytics firm Santiment said on X.Additionally, the amount of active XRP addresses has averaged over 295,000 per day over the past week, significantly …

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Key Points of the News More than 2,700 wallets with at least 1 million XRP mark a historic peak, reflecting greater confidence of major investors. Daily active addresses exceeded 295,000, pointing to a substantial increase in the use of the XRP Ledger network. Institutional adoption accelerates with the upcoming Canadian ETF, integration with the Lace wallet and the inclusion of XRP in corporate treasury. During June, the XRP ecosystem has exper…

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Coingape broke the news in on Monday, June 16, 2025.
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