Singapore, June 17, 2025 - XRP's user activity has seen a significant surge, reaching its highest level. This increase in activity is coupled with a rise in whale wallets, indicating growing investor confidence.
On-chain data reveals that active addresses on the XRP Ledger have jumped. This marks the highest level of user activity XRP has seen. On Tuesday, XRP experienced an increase, trading at a value.
Whale wallets holding 1 million or more XRP have reached an all-time high. These wallets collectively hold a minimum of XRP. This suggests increasing confidence from institutional and high-net-worth investors.
Ripple's recent presentation at the XRPL Apex event in Singapore may have contributed to improved investor sentiment. CEO Brad Garlinghouse projects that XRPL could capture a substantial portion of SWIFT's liquidity within five years. This is due to the network's speed and cross-border efficiency.