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XRP Ledger active accounts double despite XRP price drop over past month

Protocol Fundamentals
03 Nov 2026, 12:45 WIB
Finbold
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Neutral
XRP Ledger active accounts double despite XRP price drop over past month

Over the past month, the number of active accounts on the XRP Ledger surged by 132%, rising from 15,678 to 36,342, even as XRP's price fell from $1.48 to $1.24, causing a $15.2 billion market cap loss. Both sending and receiving addresses increased significantly, indicating higher network participation despite weaker market sentiment. This divergence suggests more users are engaging with the network, but it does not necessarily mean increased buying pressure or an imminent price recovery. However, some signs hint at a possible rally ahead.

XRP's price on Pluang is Rp22,838 as of Nov 03, 2026 18:02 WIB, showing a modest 1.06% gain in the last day. The platform sees a buying interest with 64% of order activity favoring purchases. Typical XRP holders on Pluang keep their positions for about 73 days, reflecting a medium-term engagement despite recent price volatility.

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