XRP Ledger Wallet Addresses Top 5 Million Amid Market Recovery By Investing.com


© Reuters.

NEW YORK – XRP Ledger, a blockchain platform associated with the XRP digital currency, has reached a new record with more than 5 million registered wallet addresses. This milestone aligns with a period of resurgence in the broader cryptocurrency market, highlighted by Bitcoin’s rise above the $45,000 threshold.

, the company closely linked to XRP Ledger, owns a significant portion of XRP with around 45 billion tokens in both escrow and spendable accounts. An analysis of the ledger reveals that most XRP holders own a modest amount, with between twenty and five hundred tokens in each wallet. This distribution indicates a broad user base with lower investments in the digital asset.

Furthermore, the data shows that over two million XRP accounts collectively hold around one hundred and eighty-two million XRP. The total value of the XRP supply, which is approaching 100 billion tokens, is currently estimated at $56.41 billion.

This article was generated with the support of AI and reviewed by an editor. For more information consult our T&C.

© 2024 Telegraph247. All rights reserved.
Designed and developed by Telegraph247
scroll to top