🔥 Gate Post Ambassador Exclusive Posting Reward Task Round 4 Is Live!
Not yet a Gate Post Ambassador? Apply now 👉 https://www.gate.com/questionnaire/4937
Join the Ambassador Task and post daily from June 9 to June 15, get your posts rated, and share a $300 prize pool based on your ratings!
🎁 Reward Details:
S-Level Weekly Ranking Reward
Post every day for 7 days with an overall quality score above 90 to qualify for S-Level.
2 outstanding ambassadors will each receive a $50 trading fee rebate voucher.
A/B-Level Tiered Rewards
Based on the number of posts and their quality, ambassadors will
The number of daily active Addresses for XRP has risen 16 times in 24 hours, potentially becoming a bullish breakout catalyst.
According to blockchain analytics firm Santiment, the number of daily active addresses (DAA) interacting with the XRP blockchain has increased from about 32,000 on June 9 to 547,000 on June 10, an increase of 1,609% in 24 hours, indicating a significant increase in investor interest and likely to be accompanied by inflows. It is worth mentioning that this is the highest single-day increase in user activity this year.
The DAA indicator shows the number of unique wallets that have conducted XRP transactions or interacted with the Ripple network within the past 24 hours. Therefore, a spike in DAA may reflect increased interest from retail and institutional investors. After Ripple's collaboration with Japan's Web3 Salon to support the development and innovation of the Blockchain, this may also indicate an increase in the usage of the XRP Ledger.
Historically, significant rises in DAA often precede shifts in market sentiment. In late February to early March 2025, after an increase in DAA, the price of XRP saw a brief uptick. If history repeats itself, the current rise in this indicator could serve as the foundation for a bullish breakout.
Source: CoinGape