XRP Surges with 490% Increase in Active Addresses, Outpacing Bitcoin Amid Retail Investor Favor

According to recent findings by Glassnode, a prominent blockchain analytics firm, XRP has emerged as the preferred choice among retail investors, diverging significantly from the more institutionally driven interest seen in Bitcoin. Data released on April 3rd highlights a remarkable surge in XRP’s active addresses, which have skyrocketed by an impressive 490% since the market’s lows in 2022. In stark contrast, Bitcoin’s active address growth has been a modest 10%, indicating a notable shift towards retail speculative interest in the crypto market. This trend underscores the evolving landscape of cryptocurrency investment, suggesting that traditional metrics of value may be shifting, as retail investors actively engage with XRP amid the broader market volatility.

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