The XRP Ledger is heating up in a way we haven’t seen before. According to new data from Santiment, on-chain activity has exploded, and large holders are accumulating XRP at record pace. Both metrics are flashing green, showing signs of serious strength beneath the surface. While the price has remained relatively steady between $2.15 and $2.30, what’s happening behind the scenes could be setting the stage for a bigger move ahead.
What you'll learn 👉
Daily Active Addresses Break Records
Over the past week, the number of daily interacting addresses on the XRP Ledger has skyrocketed. The average now sits at 295,000 active addresses per day. That’s a massive jump compared to the three-month average of around 35,000 to 40,000 per day. In other words, usage on the XRP network has increased by over seven times in just a matter of days.
This level of activity means that more users, apps, and possibly even institutions are interacting with the XRP Ledger. It could be tied to new integrations, increasing adoption in payment flows, or speculative interest building behind the scenes. Either way, such a dramatic spike in address activity usually doesn’t happen without something changing under the hood.
📊 The XRP ledger is showing serious signs of growth, from both a usage and key stakeholder perspective.
— Santiment (@santimentfeed) June 16, 2025
📈 The amount of interacting $XRP addresses has averaged over 295K per day over the past week. Its normal daily average over the past 3 months was approximately 35-40K.
🐳… pic.twitter.com/RvxE8BSFAg
Whale Wallets Cross 2,700 for the First Time
While the surge in users is impressive, the behavior of big holders might be even more telling. For the first time in XRP’s twelve-year history, the number of wallets holding 1 million XRP or more has crossed 2,700. That means over 2,700 unique wallets now each hold at least $2.25 million worth of XRP.
This is a strong signal of confidence from major players. These “whale and shark wallets” often accumulate quietly before big news or bullish breakouts. It’s rare to see both high network usage and whale accumulation rising at the same time – when it happens, it usually points to growing conviction among key stakeholders.
What This Means for XRP
Despite the surge in on-chain strength, XRP’s price has remained mostly range-bound. As of June, it’s trading between $2.15 and $2.28. But that’s not unusual. In many cases, on-chain signals like these appear well before the price reacts. If this pattern continues – with active addresses staying high and large holders continuing to stack XRP – it may only be a matter of time before the price follows.
The last time XRP saw this kind of fundamental growth was before major rallies in previous cycles. While nothing is guaranteed, the current setup feels different. It’s not just hype or rumors – it’s real usage, real wallets, and real accumulation.
If you’re watching XRP closely, this might be the most important signal yet that something big is starting to shift. The network is alive, the whales are here, and the numbers don’t lie.
Read also: Pro-Ripple Lawyer Weighs In: XRP’s Legal Exit Is Near – But There’s a Catch
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