XRP Sees Record Whale Activity and Everyday Users as Institutional Momentum Grows
More than 2,700 wallets holding at least 1 million XRP mark a historic record, showing growing self-confidence from big investors. Daily active addresses exceeded 295,000, signaling a significant boost in XRP Journal usage. Institutional momentum accelerates quickly with a Canadian ETF launch, integration with the Lace wallet, and the addition of XRP in business … Find out more
Institutional momentum speeds up rapidly with a Canadian ETF launch, combination with the Lace wallet, and the inclusion of XRP in corporate crypto treasuries. In June, the XRP ecosystem experienced a notable surge in key metrics. The rising activity suggests that interest now comes not just from traders, however likewise from institutional entities utilizing XRP for liquidity and cross-border transfers. At the very same time, the number of wallets holding at least 1 million XRP has reached 2,700 for the very first time in the asset’s 12-year history. Including to this, over $11 million in net inflows got in XRP investment items during the last week alone. Institutional Growth and New Integrations Strengthen XRP’s Outlook Canada will launch its first XRP ETF, managed by Purpose Investments, on June 18, 2025.