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XRP Ledger active addresses surge 655% despite XRP price near $1

Protocol Fundamentals
24 Aug 2026
Crypto Briefing
View Source
Bullish
pluang ai news

The XRP Ledger has experienced a dramatic 655% increase in active addresses, reaching about 356,000, while XRP's price remains steady around $1. This spike in network activity is driven mainly 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. This surge highlights growing institutional use cases on the XRP Ledger despite stagnant price movement.

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