Despite price fluctuations of XRP, the number of wallets in the network is increasing. Since the beginning of 2025, their number has increased by 58 thousand, indicating a steady influx of new users, according to data from Santiment.
- Bitcoin (BTC): +102 thousand wallets
- Ethereum (ETH): +645 thousand wallets
- XRP Ledger (XRP): +58 thousand wallets
- Cardano (ADA): +2.8 thousand wallets
- Dogecoin (DOGE): +29 thousand wallets
- Chainlink (LINK): -3.3 thousand wallets
As of now, XRP is trading at $2.28, showing an increase of 0.29% over the last 24 hours, as well as a recovery of 4.39% from the last weekly low of $2.2129.
The growth indicator of the number of wallets is one of the key metrics for assessing the health of blockchain networks and reflects the community’s trust in the project and its prospects. The growth of XRP wallets exceeds similar metrics for Dogecoin (+29 thousand) and Cardano (+2.8 thousand).
Although the price of XRP remains volatile, the steady increase in the number of wallets is a positive signal for long-term investors who focus on the potential development of the network.
Currently, XRP is in a triangular consolidation phase with resistance at $2.50. Key support levels are $2.20 and $2.00. A breakout of $2.50 could trigger a positive momentum, while a drop below $2.20 may lead to further decline. Analyst Ali Martinez predicts that XRP has the potential to grow to $10 in the long-term perspective, although this is unlikely to happen within the current market recovery.
Martinez believes that optimal entry points for investors could be at levels $2.05 or $2.50, with the latter indicating a breakout from the current triangle. He also noted that potential growth to $10 would bring investors a profit of 333%.
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