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Surge in XRP Adoption: 5 Million New Wallets Join Network as Market Whales and Exchanges Drive Rally

Surge in XRP Adoption: 5 Million New Wallets Join Network as Market Whales and Exchanges Drive Rally

XRP Wallets Experience Surging Numbers

The XRP Ledger has seen a substantial increase in the number of wallets holding more than zero XRP coins, reaching a remarkable 5.02 million. This growth represents a significant milestone in the decade-long history of XRP’s public trading, indicating widespread adoption and heightened interest.

Gemini Adds XRP/GUSD Perpetual Contract

Gemini, the cryptocurrency exchange founded by the Winklevoss twins, recently unveiled a perpetual XRP/GUSD contract, adding to a range of similar offerings for various cryptocurrency pairs like BTC/GUSD and ETH/GUSD. Perpetual contracts allow traders to speculate on the price of an underlying cryptocurrency without a set expiry date.

Max Keiser Expresses Skepticism about XRP

Max Keiser, a prominent Bitcoin advocate, has voiced doubts about the future of XRP, labeling it as “centralized garbage” and predicting a potential plunge in its value. He also expressed similar concerns about other altcoins, including SOL, sparking debates about XRP’s long-term viability and decentralization.

Hot Take

With such surging numbers and contrasting outlooks, XRP’s future remains a topic of debate. Do you think XRP is on the cusp of a significant breakthrough? Share your thoughts.

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Surge in XRP Adoption: 5 Million New Wallets Join Network as Market Whales and Exchanges Drive Rally