Number of XRP Wallets Holding at Least 10k Tokens Hits 6-Month High

IconCryptoNewsTerminal Staff30 Jul, 2024

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Number of XRP Wallets Holding at Least 10k Tokens Hits 6-Month High

XRP wallets holding at least 10,000 tokens have surged over the past five weeks to a six-month high of 279,000, according to crypto on-chain analytics platform Santiment. This increased activity suggests that investors are becoming more confident in XRP's long-term potential. XRP has been underperforming in recent months but this surge in large-value wallets could be a sign of a turnaround.