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An unprecedented event occurred in the history of XRP! Extraordinary data is coming!
Crypto analytics company Santiment announced that the XRP Ledger has shown significant growth signals recently. According to the report released by the company, interest in XRP is rapidly increasing both in terms of usage and among key users.
According to Santiment data, over the past week, an average of more than 295,000 unique XRP addresses have interacted daily. This figure is nearly 7 times the user interactions that averaged around 35-40 thousand daily over the last 3 months. This increase indicates that the use cases of XRP are expanding and that the adoption of the network is gaining momentum.
However, the number of whale and shark wallets holding at least 1 million XRP has exceeded 2,700 for the first time. Santiment noted that this is a first in the more than 12-year history of XRP.
In another development regarding XRP today, Purpose Investments announced that the Purpose XRP ETF will offer investors direct exposure to spot XRP. The ETF, which will begin trading on the Toronto Stock Exchange on June 18, will be launched in three different versions: Canadian dollar hedged (XRPP), Canadian dollar unhedged (XRPP.B), and US dollar (XRPP.U). All versions can be held in registered investment accounts such as TFSA and RRSP.
*It is not investment advice.
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