{"id":31425,"date":"2025-05-13T19:30:27","date_gmt":"2025-05-13T19:30:27","guid":{"rendered":"https:\/\/www.bitrabo.com\/discover\/?p=31425"},"modified":"2025-05-13T19:30:27","modified_gmt":"2025-05-13T19:30:27","slug":"xrp-surges-to-top-3-as-wallet-addresses-rapidly-increase","status":"publish","type":"post","link":"https:\/\/www.bitrabo.com\/discover\/xrp-surges-to-top-3-as-wallet-addresses-rapidly-increase\/","title":{"rendered":"XRP Surges to Top 3 as Wallet Addresses Rapidly Increase"},"content":{"rendered":"\n

On Monday, XRP<\/a> marked a significant achievement that garnered considerable attention within the cryptocurrency community. The XRP fanbase is filled with enthusiasm as the asset temporarily climbs the market ranks, showcasing its strong presence as a prominent cryptocurrency in the industry.<\/p>\n

<\/span>Increasing Holder Count Fuels XRP’s Ascend<\/span><\/h2>\n

Undoubtedly, XRP is among the top-performing digital currencies alongside Bitcoin during the current bullish market phase. Following a swift surge yesterday, Santiment, an analytics and on-chain data provider, noted<\/a> that the altcoin rose to third place in terms of market capitalization among cryptocurrencies.<\/p>\n

The altcoin overtook Tether (USDT), which had maintained its position for a long time, to secure a spot in the top three, highlighting the momentum of its recent gains. Although XRP later fell back to fourth, regaining a top three position underscores the heightened interest and attention towards the asset.<\/p>\n

<\/p>\n

At the time of the observation, the altcoin’s price surpassed $2.61, hitting its peak for the month. Santiment highlighted several factors attributing to this remarkable upward movement towards the top three cryptocurrency positions and pushing the asset toward essential resistance levels.<\/p>\n

One significant factor pointed out by the analytics platform is the US House Bill 594, which proposes making Missouri the first state in the US to offer a full income tax deduction on all capital gains, including those generated from Bitcoin and XRP.<\/p>\n

Another critical element mentioned by Santiment is the recent endorsement of XRP by Travala as a payment method, further enhancing its utility as a functional cryptocurrency. This acceptance also hints at XRP’s potential as a long-term investment vehicle.<\/p>\n

<\/span>Notable Increase in Active Wallets Amid Price Growth<\/span><\/h2>\n

Finally, Santiment observed that the altcoin’s recent temporary rise to third place in the crypto space was supported by a significant growth in active wallet addresses. Data reveals that since the onset of 2025, over 638,000 non-empty wallets have been created on the network.<\/p>\n

This uptick in wallets represents an increase of more than 11% for 2025 thus far. As a result, XRP’s total number of holders is nearing 6.5 million for the first time in over a decade of the network\u2019s existence, following the addition of these new addresses.<\/p>\n

This increase, which aligns with rising prices, indicates a surge in network activity and investor interest, suggesting an emerging phase of asset adoption. In a highly competitive and fast-evolving market, the expanding wallet network could provide the essential backing needed for the asset to sustain its upward trend amid growing retail and institutional demand.<\/p>\n

As of this writing, XRP was valued at $2.49, reflecting an almost 4% increase over the previous 24 hours. Investor sentiment has shifted strongly towards bullish, with trading volumes surging over 179% in the last day.<\/p>\n

\"XRP\"<\/p>\n","protected":false},"excerpt":{"rendered":"

On Monday, XRP marked a significant achievement that garnered considerable attention within the cryptocurrency community. The XRP fanbase is filled with enthusiasm as the asset temporarily climbs the market ranks, showcasing its strong presence as a prominent cryptocurrency in the industry. Increasing Holder Count Fuels XRP’s Ascend Undoubtedly, XRP is among the top-performing digital currencies […]<\/p>\n","protected":false},"author":14,"featured_media":31426,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"slim_seo":{"title":"XRP Surges to Top 3 as Wallet Addresses Rapidly Increase - Bitrabo","description":"On Monday, XRP marked a significant achievement that garnered considerable attention within the cryptocurrency community. The XRP fanbase is filled with enthusi"},"footnotes":""},"categories":[316],"tags":[1576,1624,7564,12030,496,1100,471,2020,889,1161,517],"class_list":["post-31425","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","tag-addresses","tag-briefly","tag-count","tag-hierarchy","tag-market","tag-secures","tag-soars","tag-spot","tag-top","tag-wallet","tag-xrp"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts\/31425","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/comments?post=31425"}],"version-history":[{"count":0,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts\/31425\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/media\/31426"}],"wp:attachment":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/media?parent=31425"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/categories?post=31425"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/tags?post=31425"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}