PiCK
XRP small-balance addresses hit an all-time high at 5.66 million, signaling growing retail inflows
Summary
- Santiment said the number of wallets holding fewer than 100 XRP tokens surpassed 5.66 million, setting an all-time high.
- Santiment analyzed that the increase in small-balance wallets on the XRP Ledger is driving network activity.
- As of 7:20 p.m. this afternoon, XRP was trading at $1.43, down 0.52% from the previous day.
Forecast Trend Report by Period
The number of investors making small investments in XRP has been steadily rising, data showed.
According to on-chain analytics firm Santiment on the 21st (Korea time), the number of wallets holding fewer than 100 XRP tokens surpassed 5.66 million, marking a record high.
Santiment said, “The XRP Ledger is seeing broad-based growth in wallet sizes,” adding that “in particular, the increase in small-balance wallets is driving network activity.”
Meanwhile, the number of addresses held by mid-tier investors (holding 100 to 100,000 XRP) and whale investors (holding at least 100,000 XRP) came in at 2.01 million and 32,054, respectively.
As of 7:20 p.m. this afternoon, XRP was trading at $1.43, down 0.52% from the previous day.
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
