According to Santiment, this milestone reflects a growing wave of interest and participation in the XRP ecosystem, with over +638,000 wallets added in just the first few months of 2025. That marks an impressive +11% increase in wallet count year-to-date.
Why This Matters
Rising Adoption
A growing wallet count is a strong sign of increasing network usage and distribution of the token among a wider user base — a key metric for long-term health and decentralization.
Retail & Institutional Momentum
The consistent rise in holders, especially in 2025, may reflect renewed institutional interest and increased retail participation, likely fueled by price rallies, ecosystem upgrades, or positive regulatory developments.
Bullish Signal
Historically, a sharp uptick in non-empty wallets often precedes or coincides with major market movements. More holders suggest a strong foundation of support and demand.
With XRP holding firmly above $2.60 and breaking through psychological resistance zones, this wallet growth could further reinforce investor confidence — and possibly set the stage for the next leg up.
The post XRP Nears 6.5M Wallets for the First Time in Network History — Here’s Why It Matters appeared first on Coindoo.