- XRP Ledger’s daily active addresses have surged 71.7% in two weeks despite the token trading near $1.04.
- The growing on-chain activity suggests rising network participation even as XRP faces continued price pressure.
XRP is facing selling pressure, but its blockchain is showing a different picture. Daily active addresses on the XRP Ledger have climbed sharply over the past two weeks, suggesting that user activity is increasing even as the coin struggles near a crucial support level.
The rise in on-chain activity has sparked fresh discussions about whether growing network usage could eventually support a price recovery.
XRP Ledger Records Sharp Increase in User Activity
The XRP Ledger has experienced a significant rise in user engagement over the last 14 days. According to on-chain data shared by crypto analyst Ali Martinez, citing Santiment, the number of daily active addresses increased by 71.7%.
Daily active wallets rose from around 23,000 to more than 39,500 during the period. The metric measures unique wallet addresses interacting with the network through transactions, fund transfers, smart contract activity, or other blockchain operations.
This increase stands out because it comes while XRP continues to trade in a clear downtrend. At the time of analysis, XRP was hovering near $1.04, testing an important support level after falling below recent local lows.
Growing Network Use Contrasts With Weak Price Action
The latest on-chain data highlights a widening gap between XRP’s market price and its underlying network activity.
Although XRP remains below key exponential moving averages around $1.12 and $1.24, blockchain participation continues to improve. This divergence often attracts the attention of traders because network growth can sometimes appear before price recovery.
Unlike trading volume alone, daily active addresses reflect genuine participation across the blockchain. Higher activity may indicate that users are transferring assets, repositioning holdings, or interacting with applications built on the XRP Ledger.
Whale Activity May Be Driving the Increase
Large increases in active addresses have historically been linked to periods of accumulation or portfolio adjustments by major investors.
While there is no direct confirmation that whales are responsible for the recent surge, concentrated increases in wallet activity have often coincided with institutional positioning before broader market moves.
If large investors are gradually increasing their exposure, the current rise in network participation could represent early signs of renewed confidence in the XRP ecosystem rather than short-term speculation.
Can Strong Fundamentals Support an XRP Recovery?
On-chain activity is widely viewed as one of the leading indicators of blockchain health. Networks that continue attracting active users often build stronger long-term foundations than those with declining participation.
However, increased blockchain usage does not guarantee an immediate price rally. XRP still faces technical resistance and must first overcome nearby resistance levels before confirming any bullish reversal.
Should buying pressure strengthen alongside the improving network metrics, traders will likely watch the $1.50 area as the next major resistance level.
For now, XRP presents a mixed picture. The price remains under pressure, but the steady increase in blockchain activity suggests that the network itself is becoming more active, offering investors another metric to monitor as the market develops.
ALSO READ: Pi Network Launches Major AI and Identity Features on Pi2Day 2026
DISCLAIMER:
The views and opinions expressed herein are solely those of the author and do not necessarily reflect the views of the publisher. The publisher does not endorse or guarantee the accuracy of any information presented in this article. Readers are encouraged to conduct further research and consult additional sources before making any decisions based on the content provided.