XRP Adoption Hits Record High as Holders Look Beyond Short-Term Price Slump

Despite turbulent conditions across the crypto market, XRP continues to attract new holders, with on-chain data pointing to a growing investor base focused on long-term potential rather than immediate gains.

According to blockchain analytics shared by Ali Martinez, the number of XRP addresses recently surpassed 6.26 million, setting a new all-time high. This surge in unique wallets comes even as XRP’s price dipped from above $2.10 to around $1.90 over the course of a week. The increase in addresses holding at least one XRP suggests a steady accumulation trend—even during market pullbacks.

Analysts view this behavior as a signal of confidence from retail participants, who appear to be treating current price levels as a buying opportunity. This optimism likely stems from broader developments around Ripple’s regulatory battles, which have loomed over the project for years.

Ripple recently announced a resolution with the U.S. Securities and Exchange Commission, agreeing to pay $50 million to settle the long-standing legal case. Many XRP supporters view this as a major turning point that removes a key barrier to institutional adoption and growth.

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Adding fuel to the bullish narrative, speculation has emerged around potential U.S. Treasury interest in XRP as part of a strategic digital asset reserve. While unconfirmed, the rumor has energized parts of the crypto community that see XRP as a potential bridge currency for global finance.

At the time of writing, XRP is trading at $1.82, having rebounded from a yearly low of $1.61 earlier this week. Though short-term price pressure remains, the token’s expanding user base and improved regulatory outlook suggest that many investors are positioning themselves for what they hope is a stronger second half of the year.

Alexander Stefanov