Total wallets on The Root Network surged 167% to 1.62M on the month
The Root Network Overview - March 19, 2025
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The ecosystem insights
$ROOT price: $0.011 (-9.84%)
The Root Network holders: 816.24 (+162.7%)
The Root Network total transfers: 2.69M (+28.1%)
Total EVM transactions: 415.3K (+0.63%)
Total staked: 390.3M (-0.31%)
The percentages and metrics are calculated from its change over a 14-day time frame, unless noted otherwise.
Highlight of the The Root Networks
Diving deeper into some of the biggest updates from Futureverse.
💫What’s happening: The Root Network hit 1.62 million total wallet addresses on March 18 and is up 167% on the month, onchain data shows.
💫Why it matters: Last month, the network had around 601,000 total wallet addresses. Since then, this metric has seen a substantial rise. A sudden surge in wallet addresses points toward the notion that users are signing up and utilizing The Root Network for onchain activities.
The blockchain has a strong focus in web3 gaming and interoperability as well as fostering a close relationship with Ripple. This is important to note because a rise in total wallets could indicate more users are turning to the network for cross-chain use cases.
In addition, The Root Network’s growth for its wallet addresses can showcase how users are able to access a wide variety of onchain engagement opportunities across different networks. The data shows that users are signing up and transacting using the FuturePass. This product provides users access to a multi-network ecosystem without having to understand the underlying technology behind it.
A high wallet address count can also be an attractive metric for new developers and users when considering what blockchain to decide to use. In turn, The Root Network ecosystem could have a snowball effect in increasing users, and as trends show, users who are also involved with the Futureverse ecosystem alike.
💫 The bigger picture: The rise of total wallet addresses in a short period of time can be seen as a promising sign for the network’s future as Q1 nears its end. In general, users and developers take into account existing onchain engagement when deciding where to spend their time.
If wallet activity can retain current levels and scale from it, these metrics could encourage new users to explore the ecosystem because of its established user engagement.
Built on Root
Native ROOT/XRP pool value on The Tradeverse hit $363K, a 163% increase since its release a month ago
Heurist integrated THINK Agents as a provider for its AI-powered search engine
The Root Network upgraded its mainnet to version 10.68.0 with:
Gas payments using FuturePass
ERC-5484 implementation for future soulbound token integration
Futureverse teamed up with Aethir to utilize its GPU infrastructure to empower gaming in the open metaverse
Want to catch up? Check out the monthly Futureverse updates here.
Driven by community
Highlighting the companies, communities and users tied to The Root Network.
ICYMI: Futureverse was recognized by Fast Company as one of the most innovative companies for 2025 for teams with less than 200 employees
Aigent.run launched a token for its flagship AI agent, AIXRP
The asset is currently at a market cap of $665K
ALTERED STATE expanded access for its 3D Generator to asset holders of ASM Gen II B.R.A.I.Ns, Thingies, and Buzzies
Check out these game reviews from users who play-tested OP3N:
Get involved in the future
Want to dive into the ecosystem full-time? Find the latest job postings here or get involved at an event below.
Learn about RootRewards, a loyalty program designed to reward active contributors and users that refer others to the network
Listen to members from TRN Labs talk about how they plan to help The Root Network scale alongside The Tradeverse
Play The Third Kingdom? Participate in it’s The Gold Draw campaign and be entered for a chance to win a FLUF World golden necklace
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This product was built by Token Relations.
This information is for entertainment purposes only. It should not be considered financial advice, nor should it be used to make investment decisions. Cryptocurrencies are high risk and you should consult a financial professional before making any financial decisions. Make sure you do your own research.