The XRP Ledger (XRPL) is witnessing a major surge in activity, with daily active addresses jumping nearly 7x in just one week. According to data from Santiment, the number of daily interacting XRP addresses has soared to 295,000, up from a three-month average of around 40,000.
Together with this surge, the number of whale wallets containing 1 million or more XRP has also reached an all-time high. There are now 2,700 wallets with at least 1 million XRP in it- worth approximately $2.25 million per wallet. It is the largest figure in the 12-year history of XRP, which demonstrates the increasing level of confidence among big investors.
Recently, Ripple CEO Brad Garlinghouse contributed to the bullish mood at the 2025 XRPL Apex event in Singapore. He said that the XRP Ledger would be able to take up to 14 percent of the SWIFT liquidity within five years due to its speed and cross-border payment capabilities.
There is also the momentum of institutional interest. Guggenheim collaborated with Ripple to introduce digital commercial paper on XRPL. In the meantime, Ondo Finance is introducing tokenized U.S. securities to the network, and the USDC stablecoin of Circle is already available on the ledger.
Technologically, Ripple CTO David Schwartz has suggested an update of the fee to make XRPL more competitive with Ethereum. There is also an increasing hype on a possible green light for XRP by the U.S. SEC.
As the number of users, whale activity, and institutional transactions is growing, the future of XRP Ledger is brighter than ever.
Also Read: Ripple’s XRP to Burn 10% of Total Supply: Fact Check
