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.