XRP surpasses $1.60 as network activity increases
- Ripple’s XRP broke above $1.60 for the first time since February, thanks to rising network activity, including an increase in large transactions and the number of new XRP addresses.
- Santiment recorded 1,917 large transactions worth over $100,000 and 3,647 new XRP addresses, indicating higher user participation, although the true nature of “whale” activity remains unclear.
- The XRP Ledger continues to grow, with tokenized assets reaching around $4.26 billion, while interest in XRP investment products is increasing, as shown by Bitwise’s recent ETF registration filings.
Source: CryptoPotato
🌍 Updated by GemCrypto
$XRP
#XRP #Crypto
- Ripple’s XRP broke above $1.60 for the first time since February, thanks to rising network activity, including an increase in large transactions and the number of new XRP addresses.
- Santiment recorded 1,917 large transactions worth over $100,000 and 3,647 new XRP addresses, indicating higher user participation, although the true nature of “whale” activity remains unclear.
- The XRP Ledger continues to grow, with tokenized assets reaching around $4.26 billion, while interest in XRP investment products is increasing, as shown by Bitwise’s recent ETF registration filings.
Source: CryptoPotato
🌍 Updated by GemCrypto
$XRP
#XRP #Crypto
