XRP Ledger Sees Explosive Growth in New Accounts and Payment Volume

The XRP Ledger has seen significant growth in on-chain activity, with new accounts increasing by 535.2% and payment volume reaching 704.2 million XRP.

Data from recent analytics shows that 2,900 new accounts were established on the network, up from the prior period by over fivefold. Active accounts also climbed 218.1% to 15,300, signaling intensified participation among wallet holders.

However, the number of unique active users fell 70.6% to 140,000, suggesting that growth is driven primarily by a smaller group of highly active participants rather than a broad-based expansion of the user base.