XRP Sees Massive Surge in New Users: Institutional Interest Fuels Growth

The Ripple network witnessed a staggering 100% increase in new user registrations, with over 9,900 wallets created on October 30th. This surge aligns with growing institutional interest and increased global payment volumes, suggesting potential for expansion of the XRP ecosystem. 🕵️‍♂️ While Ripple’s leaders have not yet commented publicly on this trend, on-chain data suggests the influx is driven by institutional investors.