The XRP holding address has reached a historic high, breaking through 1.6 dollars as a key resistance

Data shows that the number of XRP holding addresses has surpassed 7.7 million for the first time, setting a new historical high, reflecting the continuous growth in network usage and investor accumulation.

On-chain analysis firm Santiment pointed out that the number of daily active addresses on the XRP Ledger has risen to 46,767, reaching a five-week high, while the number of non-custodial wallets has reached 7.7 million, indicating that the market continues to accumulate during the correction period. In terms of price, XRP is currently around $1.50, having risen about 3% in the past 24 hours. Analysts believe that if the bulls successfully break through $1.60 and turn it into a support level, the price may further test the $2.00 region.