A recent analysis by Crypto Researcher SMQKE highlights a significant disparity in network activity growth between XRP and Bitcoin. The data from Glassnode reveals that the number of active addresses on the XRP Ledger (XRPL) has surged by 490% since its cycle low, whereas Bitcoin’s active address count has increased by just 10% over the same period. Behind the scenes:. XRPL network activity vs BTC Network activity pic.twitter.com/p8KdmCQmER — SMQKE (@SMQKEDQG) April 2, 2025 XRP’s Network Activity Shows Substantial Growth The Glassnode chart attached to the tweet illustrates the relative change in active addresses since the lowest point of the current market cycle. The black line, representing XRP’s network activity, shows a steep upward trajectory beginning in early 2025, culminating in a 490% increase. Meanwhile, Bitcoin’s network activity, represented by an orange line, remains relatively flat, reflecting only a 10% increase. The rapid growth in XRP’s active addresses suggests increased engagement with the XRPL. This may be attributed to various factors, including rising adoption, new use cases, or speculation in anticipation of potential market developments. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Community Reactions and Market Sentiment Derek John, an X user who commented on the post, referenced the data while acknowledging the increasing interest in XRP. He stated , “We have followed the breadcrumb trail, I got here late but better than how it will be for most. Congrats to the people that bought under 50 cents for sure tho, respect.” His comment implies that early investors in XRP, particularly those who accumulated when prices were below $0.50, are now in a strong position. The sentiment surrounding XRP has been notably positive among its supporters, with many pointing to increased on-chain activity as an indicator of long-term adoption. While the broader cryptocurrency market remains volatile, some analysts consider rising network activity a potential precursor to increased asset value. Implications of XRP’s Rising Activity The significant increase in active addresses on XRPL could suggest growing institutional or retail interest in the asset. The XRPL has been widely recognized for its efficiency in cross-border payments and decentralized finance applications. Its recent uptick in network engagement may signal expanding use cases or strategic partnerships that are yet to be fully realized. Despite maintaining its position as the dominant cryptocurrency by market capitalization, Bitcoin has not exhibited the same level of network growth as XRP in this timeframe. The contrast in activity changes raises questions about the evolving utility of different blockchain networks. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Recent On-Chain Data Shows Retail Investors Choose XRP Over Bitcoin appeared first on Times Tabloid .
