XRP price breaks $1.6, with significant increase in on chain whale trading and network activity

The price of XRP has surpassed $1.6 for the first time since February 4th, with 1917 whale transactions exceeding $100000 and 3647 new XRP wallet addresses added during this period. The balance of tokenized assets and RLUSD within the XRPL ecosystem reached approximately $4.26 billion, with Ripple reporting RLUSD circulation of approximately $2.4 billion. Bitwise has submitted an updated XRP ETF registration application to the SEC on September 18th. （Santiment）