XRP Sees Record Whale Activity and Daily Users as Institutional Momentum Grows

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: Jun 18 2025

Record Growth in XRP Wallets and Usage: Over 2,700 wallets now hold at least 1 million XRP, indicating increased confidence from large investors, while daily active addresses on the XRP Ledger have surged past 295,000, reflecting broader usage and interest from both retail and institutional players.
Institutional Developments and Future Prospects: The upcoming launch of Canada's first XRP ETF and integration with the Lace wallet highlight growing institutional momentum, although challenges remain with low total value locked and limited decentralized exchange volumes on the XRP Ledger.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

XRP Sees Record Whale Activity and Daily Users as Institutional Momentum Grows

About the author

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