XRP Whale Wallets Surge, Marking New 12-Year Milestone

XRP whale wallets have reached a historic milestone, reflecting rising investor confidence in the Ripple-backed cryptocurrency. For the first time in its 12-year history, the number of whale and shark wallets holding at least one million XRP tokens has surpassed 2,700, according to blockchain analytics platform Santiment.

The surge in high-value wallet addresses demonstrates a growing accumulation trend, hinting at a bullish outlook among large holders. This increase comes as the network sees a notable rise in user activity across the board. Over the past week, active XRP wallet addresses have averaged more than 295,000 per day — a massive spike compared to the daily average of 35,000 to 40,000 recorded over the last three months.

Such strong on-chain engagement suggests heightened interest and involvement in XRP’s ecosystem. More users moving funds, making transactions, or interacting with decentralized applications signals increased utility and relevance in the crypto market, especially as digital asset investment continues to mature.

XRP, the digital token developed by Ripple, is specifically designed to streamline cross-border payments. Leveraging blockchain technology, Ripple aims to provide financial institutions with faster and more cost-efficient international transfers — a service currently dominated by traditional banking systems.

At the time of this report, XRP remained relatively stable at $2.23, posting a 7% gain in value for the year, according to CoinDesk data. While price movement appears modest, the underlying network activity and the growing number of whale wallets hint at optimism among long-term holders, with many potentially anticipating deeper adoption and rising utility in fintech infrastructure.

This milestone serves as a significant psychological and technical benchmark. Whale wallet accumulation typically precedes or accompanies strong price momentum in the crypto world, as these addresses represent market participants with major capital and potentially insider foresight into market developments.

The sharp increase in address activity is also worth noting in the broader context of blockchain scalability and adoption. XRP’s blockchain has continually focused on offering low-cost, high-speed transactions — making it a go-to option for enterprises and financial services looking for efficient payment solutions. With this foundation, a rise in large holders and active addresses could point to both improved user confidence and real-world application increases.

Ripple has also continued to expand its global partnerships in recent months, especially across regions like the Middle East and Southeast Asia. Strategic alliances and product integrations with traditional financial institutions are slowly turning Ripple’s vision into a practical infrastructure layer for global finance. These collaborative developments may be fueling interest among deep-pocket investors who see long-term potential in XRP’s utility.

In the realm of crypto assets, where speculation often drives short-term movements, long-held trust and ecosystem development are strong indicators of a project’s resilience. XRP surpassing the 2,700-whale threshold not only showcases renewed institutional and individual faith but also underscores the relevance of on-chain metrics in assessing a token’s health.

Related: Expert Advice: Sell XRP If You’re Confused

As XRP continues its upward trajectory in blockchain adoption and ecosystem strength, the community will be watching for whether this momentum leads to greater decentralization, innovation, or potential value growth ahead.