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XRP Ledger new accounts jump 142% despite XRP price weakness

Protocol Fundamentals
02 Nov 2026, 12:25 WIB
UToday
View Source
Neutral
XRP Ledger new accounts jump 142% despite XRP price weakness

New account creation on the XRP Ledger surged 142.4%, signaling renewed ecosystem interest despite XRP's price remaining weak near $1.25. The spike to 7,734 new accounts on November 1, 2026, is driven possibly by tokenized assets, stablecoins, and DeFi apps, though multiple accounts per user and automated creations may inflate numbers. While network activity grows, XRP price continues to face bearish pressure, highlighting that increased accounts don't necessarily mean higher demand. Sustained growth in active users and transactions will be needed to confirm real adoption.

Despite the surge in new XRP Ledger accounts, XRP on Pluang trades at Rp22.649 with a slight 0.58% decline as of Nov 02, 2026 17:41 WIB. The market cap stands at Rp1.432,02 trillion, showing significant scale in the asset's ecosystem. Trading volume remains active at Rp19,82 trillion, with a balanced order activity of 48% sell and 52% buy.

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