A recent chart shared by crypto analyst Amonyx reveals that the number of XRP wallet addresses has reached 7,129,189 as of May 17, 2025. This milestone was highlighted in a post on X, where Amonyx called the development bullish. The Glassnode chart caption displays the steady expansion of XRP wallet addresses alongside historical price action from January 2013 through mid-2025. The green line on the chart tracks the total number of XRP addresses, while the black line represents the token’s price in USD. Notably, the number of addresses shows a consistent upward trajectory, particularly accelerating from 2020 onwards. The most recent surge coincides with XRP’s price climbing above $2.35, showing renewed retail and institutional engagement. BULLISH: #XRP wallet growth hits 7.1 million pic.twitter.com/pDh6seAtB6 — Amonyx (@amonbuy) June 22, 2025 Price Action and Adoption Move in Tandem The chart illustrates a key observation: while XRP’s price has experienced multiple cycles of volatility, wallet growth has remained persistent and structurally upward. Even during extended periods of price stagnation or decline, address creation did not reverse. This long-term accumulation trend suggests deepening user adoption, irrespective of short-term market sentiment. The community has also made notable moves to advance adoption, as the minimum reserve amount for wallet creation was reduced to 1 XRP in late 2024, opening up access to more people. XRP also broke out from a prolonged consolidation phase in late 2024, rising to a multi-year high of $3.39 in January. Data from early February following this breakout showed a sharp increase in the number of wallets with over 1 million XRP, and the growth has continued since then. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 The correlation between the price spike and the increasing wallet count implies an expanding user base responding to bullish technical signals and possibly improving sentiment around the asset’s future. Increasing Engagement With XRP The increasing wallet count also matches up with significant engagement in the ecosystem. XRP recently crossed a milestone, with over 14 million tokens burned . The asset’s deflationary model will help its price grow as supply reduces, and as adoption grows, more tokens will be burned through transaction fees. Additionally, the XRP Ledger recently recorded its highest activity level in history , processing over 5 million transactions within 24 hours. The community is actively engaging with XRP. As wallet count and adoption grow, experts expect a price rally to follow. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post XRP Hits Notable Milestone appeared first on Times Tabloid .
