XRP Network Participation Surges 659% as Price Breakout Continues
XRP's recent price breakout has reignited interest in its network, leading to a surge in user activity. Data from Santiment shows that active addresses on the XRP Ledger have jumped by 659% over the past three days.
This increase is significant, especially considering the asset's price has been holding steady at $1.5. The number of active addresses on the network soared from 47,180 to 358,330 in just three days, with an average of around 35,700 per day in August, up from about 26,400 in July.
Historical data suggests that XRP has delivered steady negative returns for most of the year, but this month has been a turning point. The recent price breakout has seen XRP deliver a massive gain of nearly 40% for August, its highest monthly return since February 2025.