21,595 New XRP Wallets Created In 48 Hours: Highest In 8 Months
On-chain data shows XRP has witnessed a huge wave of wallet creation recently, indicating an influx of users has occurred on the network. XRP Network Growth Metric Has Spiked Recently According to data from on-chain analytics firm Santiment, XRP has seen a huge spike in its Network Growth recently. This indicator keeps track of the […]
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According to on-chain data, the XRP Ledger recorded a sharp influx of new addresses over a two-day span this week. Santiment reported 21,595 new wallets created in 48 hours — the biggest jump in eight months. The move came as XRP dropped to $2.06 before rallying back to about $2.33, a roughly 13% gain from that low. Related Reading: ‘Good News’ Finally Arrives For SHIB Army As Team Unveils New Update Surge In Wallets Draws Attention Based on reports, the spike in wallet creation has captured market attention because it breaks a recent pattern of heavy selling. Data showed long-term holders....
Bitcoin’s price has barely moved in the last week, but other signs point to growing activity on the network. On June 5, Bitcoin traded around $104,300, down 0.50% in 24 hours and off 2.5% over the past seven days. Yet data shows more people are joining the network, and more coins are being passed around. Related Reading: Bitcoin Reserve Gets Military Nod, Senator Predicts Explosive 10-Year Surge Wallet Creation Jump According to Santiment, on May 29 nearly 557,000 new wallets appeared. That was the highest number since December 2023. It means thousands of people are opening wallets even....
Bitcoin price is only a mere few hundred dollars away from setting a higher high and confirming a new bull market. Coinciding with what appears to be a breakout ready to happen, whale-sized wallets holding more than 1000 BTC have surged to the highest level in the asset’s history. Is this it – is the […]
The number of web wallet users on popular bitcoin site Blockchain.info continues to climb. According to Blockchain.info (who made this reddit post), over 1.5 million "My Wallet" accounts have established. Chart data on the Blockchain.info site shows just under 1.5 million, but it has not yet been updated. If you recall in late October, Blockchain announced that 500,000 wallets had been created. Fast forward to January of 2014, and it was announced that a whopping one million wallets had been created. Recently, online bitcoin brokerage Coinbase surpassed one million wallets in late....
San Francisco-based Coinbase is making the news again, and this time it's with a milestone. The company - which allows consumers to easily buy and sell bitcoin - in addition to providing merchant services, has apparently reached 1.5 million consumers wallets. That's according to the company's About page, which is seemingly updated frequently (by our observation, changes to the page are made every 1-2 weeks). The company's last milestone on this front was in late February, when it was announced that they had reached one million consumer wallets, so it's taken a few months to amass a....