- Over 5 million XRP wallets hold close to 60 billion XRP tokens.
- Only 1,595 wallets have zero balances.
- XRP has skyrocketed by 65.9% in the past year.
XRP, one of the top 10 largest digital currencies by market capitalization, has witnessed a new milestone, with a whopping 5 million wallets holding almost 60 billion XRP tokens amid a rallying digital asset market.
As per the latest data provided by an XRP Ledger explorer, XRPL Services, there are currently 5,090,851 wallets holding 59.87 billion XRP tokens. On the other hand, there are currently 1,595 wallets with 0 zero balances.
The data shows a remarkable boost in the adoption of XRP after a US judge ruled in 2023 that XRP was not a security when sold to retail investors. However, the token was termed a security when sold to institutional investors by Judge Analisa Torres.
As per the data from CoinGecko, XRP has gained 6.7% in the past week, followed by 65.9% in the past year. However, the digital currency has underperformed when compared to other tokens like Solana (SOL), which went up by 641% in the past year.
Notably, multiple …
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