XRP HODL Wallets Reach All-Time High, Surpass $1.60 Key Resistance

BlockBeats News, March 17th, data shows that the number of XRP holding addresses has surpassed 7.7 million for the first time, reaching a new all-time high, reflecting continued growth in network usage and investor accumulation.

On-chain analytics firm Santiment pointed out that the XRP Ledger's daily active addresses have risen to 46,767, hitting a five-week high, while the non-zero wallet count has reached 7.7 million, indicating that the market continues to accumulate during the pullback.

As for the price, XRP is currently trading at around $1.50, up approximately 3% in the past 24 hours. Analysts believe that if the bulls successfully break above $1.60 and turn it into a support level, the price may further rise towards the $2 region.