For years, XRP has remained relatively stagnant but is now experiencing significant growth in value and user base. The token’s price has been trending upwards since the beginning of 2023, a trend fueled by growing institutional interest and optimism from market participants who are anticipating further gains. This latest surge is fueled by strong adoption evidenced by record wallet numbers exceeding 6.5 million for the first time in history and an impressive 11% increase in holder count this year. These fundamentals are driving the XRP price to new heights. 2023 marks a watershed moment as it’s the first time the token has experienced such high levels of investor confidence, signaling real adoption rather than just hype.