The XRP Ledger just hit 8 million activated accounts for the first time. That sounds like a growth story. Look closer, though, and the picture gets more complicated. Daily active addresses on the network fell roughly 61% in one June 2026 snapshot, dropping to around 7,800 on its worst days and sitting near 25,350 during mid-year readings. The total number of funded wallets keeps climbing, but the share of those wallets actually doing anything on a given day has shrunk considerably. What’s filling the gap is the size of the transactions that remain. Average transaction value on XRPL reached somewhere between $85,000 and $86,700 in 2026, a figure that reportedly surpasses the per-transaction average of both Bitcoin and Ethereum. When fewer people are moving money but each transfer is worth roughly the price of a suburban home, that tells you something meaningful about who is still showing up. A network in transition The ledger crossed 8 million activated accounts in July 2026, up from approximately 7.85 million in March. New account creation has continued, averaging around 2,300 fresh wallets per day since March, though the pace of additions has slowed from earlier peaks. Transaction...
XRP Ledger sees fewer active accounts but larger trades and more value
56 minutes ago
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