Crypto pundit Nick has explained that XRP holders are too focused on price rather than on the massive adoption the altcoin is seeing. He noted that these adoptions are stacking and would, at some point, serve as catalysts to send the altcoin to new highs.
Pundit Says XRP Holders Are Missing The Adoption Wave
In an X post, Nick said that the majority of XRP holders are missing the adoption wave the altcoin is seeing and are focusing so much on the price. He noted that no matter how positive the news is, the token holders won’t be happy until they see the chart going up. The pundit added that they are missing the big point on why the chart is going up in the first place.
Nick declared that he is extremely bullish even if the altcoin were to hit $1 or lower. He explained that they have watched the XRP Ledger experience upgrade after upgrade over the last few months. He added that amendments are being passed to enable institutional adoption, with one of the latest being the permissioned DEX.
Furthermore, the pundit said that AI is being utilized with massive markets being tapped into. As such, he doesn’t see any reason why anyone could be bearish at this point. Nick assured that, at the end of the day, these positive developments are all pressure-cooking behind the scenes of negative price action.
Nick said that XRP holders simply don’t realize that these positive developments stack up over time, eventually leading to a vertical price action. He added that the token will wake up soon and that it will be way bigger than the move from November 2024 to January 2025.
XRPL Sees Massive Adoption Boost
In an X post, on-chain analytics platform Santiment revealed that the XRP Ledger now has more than 7.7 million holders (non-empty wallets) for the first time in its 13+ year history, as its usage continues to grow. The platform added that the network closed yesterday with a 5-week high of 46,767 active addresses as price jumped 14% in the last 48 hours, rising above $1.60.
XRP treasury company Evernorth earlier highlighted that the Ledger is seeing increased adoption, with transactions nearing 3 million daily as of last week. The transactions are up from 1 million daily in mid-2025, representing an increase of almost 300%. In line with this, the firm declared that price moves attract attention and that the network activity shows where adoption is growing as more financial assets move on-chain.
Related Reading: Why The XRP Price Might Crash To $0.87 Before The Bear Market Ends
At the time of writing, the altcoin’s price is trading at around $1.53, up over 3% in the last 24 hours, according to data from CoinMarketCap.
