Natasha Dean
Editor
Editor
New XRP highs are imminent as Ripple fosters a massive adoption push in Asia.
The total number of addresses holding Ripple’s native coin, XRP, has surpassed 4.3 million. Despite its unique hurdles and the persistent Crypto Winter, which has reduced some assets to stunning lows, the asset has reached this milestone. Despite the fact that it has not been spared from the bombardment, its latest achievement illustrates the asset’s progress in these trying circumstances.
XRP currently has over 4.3 million wallet addresses, including an increase in active addresses.
As of press time, the number of XRP wallet addresses was 4,302,193, according to statistics from crypto market intelligence service Messari.
301 of these 4.3M addresses have XRP worth $10M or more at current pricing. In addition, 823 addresses have XRP valued more than $1 million.
In addition, as of the time of publishing, there were 4,299,813 addresses having XRP valued at least $1. Apart from the address count, Ripple on-chain activity appears to have increased recently. The number of active addresses on the network has increased in the last 24 hours, with more addresses serving as receivers. This suggests a higher degree of influx.
According to Messari statistics, there have been 66,977 active XRP addresses in the last 24 hours, with 52,575 functioning as recipient addresses and 21,429 acting as senders. The number of active addresses has increased by 29% in the last month.
XRP is battling to stay above $0.33.
Furthermore, Ripple’s XRP is ranked fourth on the list of assets with the biggest transaction volume in the last 24 hours. With a 24-hour volume of $848M, the asset outperforms Litecoin (LTC), Ethereum Classic (ETC), Dogecoin (DOGE), and Tron (TRX).
XRP’s rise comes at a time when the asset, like the rest of the crypto industry, is struggling. XRP has been holding between $0.32 and $0.33 since the beginning of September. Before experiencing a minor rejection, the asset achieved a high of $0.3595 on September 11 – its highest value in September.
Regardless of the decline and subsequent market dip, It has remained above the $0.33 support level. Regardless, the bears have attempted to push the asset below the support level, but it is still trading at $0.3325 as of press time, up 1.89% in the last 24 hours.
With an eye for detail and understanding of this exciting industry. My experience has given me an understanding of crypto trends and how to effectively break them down. I have a soft spot for NFTs and the Metaverse.
