{"id":26614,"date":"2025-05-13T19:01:55","date_gmt":"2025-05-13T19:01:55","guid":{"rendered":"https:\/\/dogewisperer.com\/xrp-briefly-secures-top-3-spot-in-market-hierarchy-as-wallet-addresses-count-soars\/"},"modified":"2025-05-13T19:01:55","modified_gmt":"2025-05-13T19:01:55","slug":"xrp-briefly-secures-top-3-spot-in-market-hierarchy-as-wallet-addresses-count-soars","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=26614","title":{"rendered":"XRP Briefly Secures Top 3 Spot In Market Hierarchy As Wallet Addresses Count Soars"},"content":{"rendered":"
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On Monday, XRP<\/a> achieved a major milestone that attracted significant attention and interest in the crypto sector. The XRP community is buzzing with excitement as the asset moves higher in the market hierarchy for a short period, reflecting its stark position as a leading crypto asset in the sector.\u00a0<\/p>\n

Rising Holder Number Bolsters XRP\u2019s Rally<\/h2>\n

Without a doubt, XRP has become one of the best-performing digital assets<\/a> alongside Bitcoin in the ongoing bull market cycle. After climbing rapidly yesterday, Santiment, a market intelligence and on-chain data platform, reported<\/a> that the altcoin moved to the third position among cryptocurrencies by market capitalization.<\/p>\n

Specifically, the altcoin surpassed Tether<\/a> (USDT), which has held the position for a lengthy period, to claim the top 3 spot, demonstrating the strength of the recent upward trend. Even though XRP has moved back into the fourth position, reclaiming the top 3 spot is a testament to the increased attention and interest in the asset.<\/p>\n

\"XRP\"<\/p>\n

During the time of the report, the altcoin\u2019s price rose above the $2.61 level, marking its highest level in the past month. Santiment pointed out multiple conditions that are responsible for the recent notable upside move to the top 3 crypto and the asset\u2019s price push toward key resistance zones.<\/p>\n

The first condition, underlined by the on-chain platform, is US House Bill 594. A bill that would make Missouri the first US state to offer a complete income tax deduction<\/a> on all capital gains, including profits from Bitcoin and XRP.<\/p>\n

Another key reason Santiment stated is the recent acceptance of XRP by Travala as a payment method, bolstering its position as a functional utility crypto asset. This acceptance of the asset by Travala also reflects its potential as a long-term financial asset.<\/p>\n

A Steady Rise In Non-Empty Wallet Addresses Amid Price Surge<\/h2>\n

Lastly, Santiment noted that the altcoin<\/a>\u2018s short-term upswing into the third position in the overall crypto sector was driven by a significant rise in the number of active wallet addresses. Data from Santiment shows that more than 638,000 non-empty wallets have been added to the network since the beginning of 2025.<\/p>\n

The additional 638,000 non-empty wallet addresses imply an over 11% increase thus far in 2025 alone. Currently, XRP\u2019s overall holders are approaching 6.5 million for the first time in the network\u2019s 12+ year history following the newly added 638,000 non-empty wallet addresses.<\/p>\n

Since the uptick coincides with price spikes, it demonstrates increasing network activity and investors\u2019 interest, indicating a new stage of adoption for the asset. In a competitive and quickly changing market environment, the growing wallet base<\/a> may offer the fundamental support required for the asset to maintain its current upside momentum as retail and institutional demand align.<\/p>\n

At the time of writing, XRP was trading at $2.49, indicating a nearly 4% increase in the last 24 hours. Investors\u2019 sentiment has strongly turned bullish, as evidenced by a more than 179% increase in trading volume in the past day.<\/p>\n

\"XRP\"<\/div>\n","protected":false},"excerpt":{"rendered":"

On Monday, XRP achieved a major milestone that attracted significant attention and interest in the crypto sector. The XRP community is buzzing with excitement as the asset moves higher in the market hierarchy for a short period, reflecting its stark position as a leading crypto asset in the sector.\u00a0 Rising Holder Number Bolsters XRP\u2019s Rally […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-26614","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/26614","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=26614"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/26614\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=26614"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=26614"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=26614"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}