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Here Are Top Developments Surrounding XRP Recently That You Should Be Aware Of

  • XRP network experiences a surge in new wallet addresses with over 840,000 created in the first half of 2025, while unique active addresses drop by 42.2%.
  • XRP's futures Open Interest peaks at 800 million XRP, indicating a 33% increase from its low in late June, potentially driven by anticipation around a ProShares XRP ETF approval.
  • A significant XRP transaction of over $500 million, involving 214.14 million tokens, occurs as a whale moves funds to a newly active wallet, impacting XRP Ledger's top holders.
  • Ripple partners with BNY Mellon to establish Ripple USD (RLUSD) as an enterprise-grade stablecoin, leveraging BNY Mellon's transaction banking capabilities for institutional adoption of digital assets.

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