XRP Network Activity Surges 36% in Two Weeks

Ledger
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Daily active addresses on the XRP Ledger have increased in the past two weeks, signaling stronger network usage despite XRP’s persisting price struggles.

Recent data shows that the number of daily XRP users has climbed steadily for a while now. Although the broader crypto market remains uncertain and the altcoin’s price has continued to slide lower, more people are using the XRP Ledger.

XRP Active Addresses Rise 36%

On June 14, the number of active XRP addresses stood at 27,205, according to data from market intelligence platform Santiment. However, on June 28, this metric had climbed to 37,202 addresses, a 36% increase.

XRP Daily Active Addresses/Santiment
XRP Daily Active Addresses/Santiment

For the uninitiated, the daily active addresses track the unique wallets using the XRP Ledger each day, reflecting adoption. When this increases, it shows that the network is becoming busier.

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Interestingly, the metric has continued to increase over the last few days. For instance, on June 25, active addresses reached 41,490, levels last seen much earlier in the month. This meant that the earlier skepticism that followed the price decline is slowly fading, and users are trooping back to the network.

Furthermore, the active address metric has maintained its current level for most of 2026. While there have been several spikes and dips to reflect changing market situations, the number of users using the Ledger daily has averaged around 38,000.

This is notable considering that XRP has dropped 43% YTD. The consistency in network activity throughout the dip reflects real demand for the Ledger’s infrastructure.

Price Struggles Regardless, but There’s a Catch

Despite the increase in active users, the XRP price has continued to struggle. Since forming a lower high at $1.29 on June 15, the coin has dropped 19% to its current price of $1.04. This continues to build on the lackluster performance, which has seen XRP drop 21% so far this month.

However, there is a catch. Growing active addresses are usually bullish, as they reflect increasing adoption and user interest. When it pairs together with weak price action, a divergence emerges.

Rising network usage, especially during a price dip, might suggest accumulation. More addresses are activating on the XRP Ledger to buy the coin at a cheaper price. A corresponding increase in transaction volume confirms this.

Data from CryptoQuant shows another compelling metric. Active receiving addresses on the XRP Ledger stand at 39,916, far more than the active sending addresses at 12,676. This means that more unique wallets are actively accumulating XRP either through purchases, withdrawals from trading platforms, or P2P transfers.

XRP Trending Metrics/CryptoQuant
XRP Trending Metrics/CryptoQuant

In the meantime, XRP is trading near the $1 support, with bulls consistently trying to defend this level. Should the downtrend persist, the next major supports are near $0.80 and $0.62.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.





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