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XRP Ledger hits 2026 high in active accounts, but XRP price drops 13% amid weak token demand.

Protocol Fundamentals
29 Oct 2026, 17:11 WIB
Coinpaper
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Bearish
XRP Ledger hits 2026 high in active accounts, but XRP price drops 13% amid weak token demand.

The XRP Ledger reached its highest daily active accounts count of 32,604 in 2026 on October 27, a 68% increase over the monthly average, signaling strong blockchain activity. Despite this surge, XRP's price fell about 2.6% to $1.29 and has declined 13% over the past month, showing a disconnect between network use and token demand. Increased ledger activity is driven by various transaction types that don't necessarily boost XRP buying, and upcoming events like Ripple's November 1 escrow release may impact price. Investors remain cautious as network growth hasn't yet translated into sustained price gains for XRP.

As of Oct 29, 2026 21:22 WIB, XRP trades on Pluang at Rp23.525 with a 1-day loss of 1.46%. Despite the recent surge in XRP Ledger activity noted in the article, XRP's market cap on Pluang stands at Rp1.485,82 trillion, with a 24-hour trading volume of Rp36,08 trillion. The platform shows a balanced order activity leaning slightly towards buying at 56%, while typical holders keep XRP for about 72 days.

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