XRP Ledger Sees 655% Spike in Network Activity as Active Addresses Average 35,700

Network engagement on the XRP Ledger (XRPL) surged, with active addresses jumping 654.71% to roughly 356,000. The spike contrasts with XRP’s relatively muted price action, as the token has spent much of 2026 hovering around the $1 level and recently closed near prices last seen in late November 2024. August 2026 provides a baseline for how outsized the move was. Daily active addresses averaged about 35,700 in August, up 35% from July’s roughly 26,400. The highest single-day reading during August reached around 49,900. Transaction metrics have also strengthened alongside address activity. In late August, successful transactions rose by approximately 65.5%, while overall transaction volume increased by around 38.5%. The second quarter of 2026 recorded 222.4 million transactions, the second-highest quarterly total ever logged on the ledger. Account growth continues as well. The XRPL surpassed 8 million activated accounts by July, up from about 7.85 million in March. New address creation has remained comparatively steady at around 2,260 per day, suggesting the rise in activity is being driven more by existing holders becoming more active than by a surge of new participants. Tokenization trends, particularly related to Ripple’s RLUSD stablecoin, are frequently cited as a factor in XRPL data. By mid-2026, about 59,000 holders were using stablecoins on the XRP Ledger. RLUSD was launched as Ripple’s institutional-focused alternative to USDC and USDT, aimed at settlement use cases rather than retail trading.