XRP, a cryptocurrency, is experiencing a surge in investor interest, as evidenced by a steady increase in wallet addresses holding at least $100k worth of the asset. According to data from Coin Metrics and Messari, the number of these addresses has risen above 13,800 this year, with addresses holding at least $1 million and $10 million also seeing significant growth. The increase in addresses comes amid a recent rally in XRP's price, which has gained by over 38% in the past month. Additionally, XRP supporters are anticipating a win for Ripple in its ongoing lawsuit against the SEC, which could further boost investor confidence in the asset. As XRP continues to trade above the $0.51 price point, analysts suggest that a weekly close above $0.50 could lead to a rally towards $1.

(By ALBERT BROWN)