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Key Highlights

The XRP Ledger (XRPL) has hit a major benchmark with surpassing 7.7 million non-empty wallets for the first time in its more than 13-year run, according to on-chain analytics firm Santiment. The milestone, reported March 17, underscores growing adoption as network usage picks up steam.

As per on-chain data, active addresses on the XRP Ledger spiked to a five-week high of 46,767 on March 16, coinciding with a sharp 14% price rally over 48 hours that pushed XRP above $1.60 before settling around $1.51–$1.54 during early Tuesday. 

The holder expansion arrives amid broader signs of renewed interest in the ledger. Tokenized real-world assets on XRPL have grown steadily, while daily transactions and DeFi pools continue expanding. 

Santiment’s data suggests this kind of sustained holder growth has historically preceded longer price appreciation phases, though crypto markets remain volatile and subject to macro pressures like upcoming Fed rate decisions. 

XRP price trajectory 

As the historic milestone unfolds, traders are watching closely. XRP broke key resistance near $1.43 recently on rising volume, shifting short-term momentum toward buyers in a Bitcoin-led broader recovery. Still, about 60% of circulating supply sits underwater from last year’s peak near $3.65, creating potential overhead resistance on any extended rally. 

At the time of publishing, XRP was trading at $1.51, up 2.83% in the past 24 hours. Its daily trading volume has surged by over 90% today—as per CoinMarketCap data. 

For now, the network metrics point to real utility gains in payments and settlement infrastructure—exactly what Ripple backers have long argued sets XRP apart. Whether that translates into sustained momentum will depend on continued on-chain engagement and external catalysts in an uncertain regulatory and economic environment. 

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