Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download

XRP Ledger hits record 8.3M addresses amid rising adoption despite XRP price downtrend

Protocol Fundamentals
09 Jun 2026
Finbold
View Source
Bullish
pluang ai news

The XRP Ledger (XRPL) has reached a new all-time high with over 8.3 million addresses, growing 5.38% since early 2026. This growth continues despite bearish XRP price trends, driven by Ripple Labs' efforts in cross-border payments and increased tokenization of real-world assets on the network. Daily transactions rose 35% in Q1 2026, and stablecoin transfers surged 126% recently, showing strong network usage. If adoption keeps rising, XRP's price may stabilize and potentially reach $1.09 by August 2026, according to Finbold's AI forecast.

More News (XRP)

Tom Lee says crypto bull market remains strong despite recent volatility and underperformance.

Tom Lee says crypto bull market remains strong despite recent volatility and underperformance.

Tom Lee, co-founder of Fundstrat, stated that despite recent market volatility and underperformance compared to AI stocks, the cryptocurrency bull market remains intact. He highlighted blockchain's growing role in AI verification, security, and token...

Market News
Bullish
4 hours ago
XRP nears key buying zone at $0.70-$0.90, hinting at potential 150% rally to $3 resistance.

XRP nears key buying zone at $0.70-$0.90, hinting at potential 150% rally to $3 resistance.

XRP is testing a critical long-term support zone between $0.70 and $0.90, a level that has historically marked major market bottoms since 2018. Analysts suggest this could be XRP's most significant buying opportunity in nearly eight years, with poten...

Technical Signals
Bullish
4 hours ago
XRP nears $1.16 but must close above $1.40 monthly to confirm recovery from $1.05 low

XRP nears $1.16 but must close above $1.40 monthly to confirm recovery from $1.05 low

XRP traded near $1.16 after recovering from a low of $1.05, but it needs a monthly close above $1.40 to confirm that the bottom is secure. Analysts say reclaiming $1.61 to $1.65 would strengthen the recovery, with $1.70 confirming bullish control. Lo...

Technical Signals
Neutral
5 hours ago
XRPL lending code undergoes formal verification before Mainnet activation to ensure safety and accuracy.

XRPL lending code undergoes formal verification before Mainnet activation to ensure safety and accuracy.

RippleX developers are applying formal verification to the XRP Ledger's lending code, specifically the XLS-66 Lending Protocol and XLS-65 Single Asset Vaults, to detect errors beyond normal testing before these features activate on Mainnet. This proc...

Protocol Fundamentals
Bullish
5 hours ago
XRP holds near $1.16 as $1.13 support level becomes key for next price move

XRP holds near $1.16 as $1.13 support level becomes key for next price move

XRP is trading around $1.16, with the $1.13 level seen as critical support that could dictate whether the price rebounds or falls further. Despite a slight 2% gain in 24 hours, XRP has dropped nearly 18% over the past month, showing ongoing weakness....

Technical Signals
Neutral
6 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App