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XRP Ledger activity hits 2-month high as $2B in electricity tokenization boosts demand

Protocol Fundamentals
17 May 2026
Coinpaper
View Source
Bullish
pluang ai news

XRP Ledger activity surged with over 48,000 active addresses and 3,300 new accounts, marking the highest engagement since March. This spike aligns with XRP briefly rising above $1.54, driven by increased participation from retail and institutional users. Notably, over $2 billion worth of electricity has been tokenized on the ledger, creating steady demand for XRP through transaction fees and reserve requirements. This growing real-world asset tokenization and whale accumulation suggest expanding utility and long-term value for the XRP network beyond short-term trading.

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