Cryptocurrency Analysis Company Santiment has announced that the XRP ledger has recently shown a major growth signal. According to reports published by the company, interest in XRP is rapidly increasing both in terms of usage and its key users.
According to Santiment data, on average, over 295,000 unique XRP addresses interacted every day last week. This figure is almost seven times the average daily user interaction of 350,000 to 40,000 people over the past three months. This increase indicates that XRP usage is expanding and network adoption is gaining momentum.
However, the number of whales and shark wallets holding at least 1 million XRP has also exceeded 2,700 for the first time. Santiment noted that this is the first time in XRP's over 12 years of history.
In other XRP developments today, we reported that a purpose-built XRP ETF provides investors with direct exposure to spot XRP. The ETF, which will begin trading on the Toronto Stock Exchange on June 18th, is available in three versions: Canadian Dollar Hedge (XRPP), Canadian Dollar Unhedge (XRPP.B), and US Dollar (XRPP.U). All versions can be kept in registered investment accounts such as TFSA and RRSP.
*This is not investment advice.
