Saad Ullah
XRP is having a wild moment right now, with network activity exploding by 800% while millionaires are scrambling to get their hands on more tokens like there's no tomorrow.
XRP (Ripple) Network Just Had Its Biggest Week in 12 Years
Something pretty incredible is happening with XRP right now. The network just went through what might be its busiest period ever, and we're talking about a blockchain that's been around for over a decade.
According to the folks at Santiment, daily active addresses on XRP have absolutely exploded - we're seeing around 295,000 unique wallets hitting the network every day this past week. To put that in perspective, XRP usually sees somewhere between 35,000 to 40,000 daily active addresses. That's not just growth - that's a complete explosion.
This isn't your typical crypto pump either. When you see this kind of network activity surge, it usually means something bigger is brewing. People aren't just throwing money around randomly; they're actually using the network at levels we haven't seen before.
XRP (Ripple) Millionaires Are Piling In Like Crazy
Here's where things get really interesting. While all this network activity is going nuts, the big money players are also making their moves. We're now looking at 2,708 wallets that hold at least one million XRP each. At today's prices, that's about $2.25 million per wallet. And get this - that's the highest number we've ever seen.
What's crazy is that usually when crypto gets hot, you see either the network getting busy OR the whales accumulating. But with XRP right now? Both are happening at the same time. That's actually pretty rare and suggests this isn't just some quick speculative play. The smart money seems to think something big is coming.
XRP (Ripple) Price Hasn't Caught Up Yet - But That Might Change
Here's the kicker though - XRP's price is sitting around $2.20, which is solid compared to where it was earlier this year, but it hasn't really exploded to match all this crazy network activity.
Think about it: you've got 800% more network usage, record numbers of millionaires buying in, but the price is still playing catch-up. That could mean one of two things - either this whole thing fizzles out, or XRP is building up for something much bigger.
Given that both network activity and whale accumulation are hitting records simultaneously, it feels like XRP is setting up for its next major move. Whether that's tied to some XRP Ledger updates or potential regulatory wins, nobody knows for sure. But when you see this kind of behind-the-scenes action, smart money usually knows something the rest of us don't.
Saad Ullah
