The number of addresses holding XRP on the Ripple network has reached a new threshold of 4.3 million. The bear situation continues in the cryptocurrency market. XRP, on the other hand, has its own problems and is dealing with them. Despite this, the number of XRP holders is increasing.

According to Messari, the company that provides information on the crypto market, the number of XRP addresses is currently 4,302,193. Among those 4.3 million addresses, 301 addresses have at least $10 million worth of XRP. In addition, 823 addresses hold more than $10 million in XRP.

Ripple XRP

The following point about XRP addresses is also noteworthy. The number of addresses with a balance of at least $1 worth of XRP is included in the report as 4,299,813. Apart from the number of addresses, XRP on-chain activities also took action. The number of active addresses on the network has increased in the last 24 hours. Now more addresses are attracting attention as recipients. This reveals a remarkable amount of flow to wallets. According to Messari's data, there are 66,977 active addresses in the last 24 hours. Of these, 52,575 are receivers and 21,429 are senders. There has been a 29 percent increase in the number of active addresses in the last month. On these developments, XRP became the fourth cryptocurrency with the highest transaction volume in the last 24 hours. XRP has a trading volume of $848 million.

XRP-5

According to analysts; To be able to talk about the start of a rally, XRP needs to stay above the $0.55-0.58 resistance area. In order to reach this target, the $0.37-0.39 resistance area must be crossed first. However, if the daily closes are below the $0.30 level, the selling may go deeper.