
Number of unique addresses set 2.5-year record in just four hours
The XRP network saw an incredible influx of unique addresses late in the evening of July 26, according to on-chain analytics from Santiment. The number of unique addresses interacting on the network was 243,000 at the time, a high for the last 2.5 years, since February 2020. Santiment also notes that the spike in activity happened in a short period four hours. It is also important that this increase in activity was not correlated to the price of XRP but rather occurred against the backdrop of falling prices in recent days.
This is not the first recent anomaly on the XRP network. Last Friday there was also an enormous surge in trading volumes of XRP. Then the figure reached 18.6 million XRP in the last hours of the day, which is about 1,200% more than the standard figure.
Should we expect delicious surprises from XRP?
Lately, the backdrop of XRP news has either consisted of events surrounding Ripple’s lawsuit against the SEC, or anomalous spikes in XRP network activity and strange multi-million dollar transactions between the various ODLs. from Ripple.
Touching on the topic of distilling millions of XRP between Bitstamp and Bitso exchanges and unknown wallets again, Ripple ended up delighting us with a major partnership announcement with Singapore’s leading service, FOMO Pay.
If the current spike in activity is also a harbinger of a major partnership with Ripple or XRPL, such sightings can be safely included in sources of information on what the future holds for XRP.