XRP Ledger Sees 655% Surge in Active Addresses Amid Stagnant Price

The XRP Ledger has seen a significant surge in active addresses, increasing by 655% to reach approximately 356,000. This uptick in network activity comes despite the price of XRP remaining steady around $1.

According to data, this increase is mainly driven by existing holders becoming more active rather than new address creation, which remains flat. Transaction volume and successful transactions have also risen significantly, with tokenization activity around Ripple's RLUSD stablecoin playing a key role in the growth.

This surge highlights growing institutional use cases on the XRP Ledger despite stagnant price movement.