Crypto update: XRP network growth continues as wallet numbers surge by 58,000 in 2025

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In a significant move, cryptocurrency whales have purchased around 1 billion XRP over the past 48 hours, equating to over $2 billion, according to Santiment data analyzed by crypto analyst Ali Martinez. Despite the market’s volatility, XRP’s network remains robust, with notable growth in wallet counts, indicating strong adoption and user interest.

Santiment reports that since the start of 2025, the number of XRP wallets has increased by 58,000, representing a 1% growth. This surge positions XRP among the top cryptocurrencies in terms of adoption, reflecting growing investor confidence and anticipation for future network expansion.

XRP’s chart shows signs of forming a “pennant” pattern, which could lead to rapid price movements following consolidation. As the pattern nears its conclusion, analysts are predicting a potential breakout by the end of the month. If this occurs, XRP could target price levels up to 100% higher than its current value, sparking renewed bullish momentum.

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Resistance at $2.50 remains a key hurdle, while support levels at $2.20 and $2.00 are essential for maintaining upward momentum. A failure to hold $2.20 might lead to a retest of lower price levels, but a breakout above $2.50 could ignite a fresh rally.

XRP Price Update:

  • Current Price: $2.41 (+4.91%)
  • Day’s Range: $2.20 – $2.50
  • Market Focus: Growing adoption, potential price breakout

Disclaimer: This article is for informational purposes only and does not constitute financial advice. Please conduct your own research before making any investment decisions.