Data from CryptoQuant reveals more than 9,000 new XRP wallets were created on June 11 and 12, marking the largest two-day increase in over a week.
On June 11, approximately 4,500 new addresses were added, followed by 4,200 on June 12. This surge reflects growing engagement within the XRP ecosystem.
The rise in wallet creation began sharply on June 9, after daily additions remained under 3,500 in the prior days. This upward trend suggests increasing momentum in user activity.
An increase in new addresses could signal future liquidity or volatility for traders. For long-term holders, it points to continued adoption and rising popularity of XRP.
XRP’s core strength lies in fast settlement and cross-border transactions, and the wallet growth further supports this use case. The surge may also indicate growing integration of XRP into applications or broader use by users.
Notably, the spike in new addresses occurred despite a relatively flat to slightly declining price trend, possibly indicating rising user interest ahead of potential price movement.
As of this report, XRP trades at $2.13, down 2.52% over the past 24 hours, according to CoinMarketCap. Meanwhile, its trading volume rose 66.30% to $4.53 billion, reflecting heightened trading activity.
The token’s 24-hour trading volume represents 3.6% of its market capitalization, indicating active liquidity for market participants.