XRP News Today: XRP Active Addresses Surge 50% Outpacing Price Growth

Coin WorldThursday, May 29, 2025 2:39 am ET
1min read

In 2025, the cryptocurrency XRP witnessed a significant surge in active addresses, surpassing the growth rate of its market price. According to data from blockchain analytics firm Glassnode, the number of daily active addresses interacting with the XRP Ledger increased sharply, far outpacing the asset’s price growth. This trend was highlighted by crypto commentator Brett, who shared a chart showing the dramatic increase in on-chain activity.

The data indicates a key divergence between usage and price behavior. While XRP’s price steadily climbed, breaking past the $1.00 mark in early 2025 and holding above that level, the number of active addresses increased at a much faster rate. This rise in active addresses reflects an expanding base of users or applications engaging with the network, a development often regarded as a sign of underlying strength in blockchain utility and adoption.

The number of daily active addresses began accelerating in late 2024 before reaching unprecedented levels in 2025. The current figures surpass any previous peak, including the notable activity in 2018 and 2021, years that were marked by broader market rallies and speculative interest. The recent activity spike is more sustained and accompanied by higher consistency in user interaction with the network.

In addition to the surge in active addresses, there has been a notable increase in the number of XRP addresses holding at least 10,000 tokens. From July 2024 to May 2025, this number rose from roughly 281,000 to over 300,000. This upward movement points to steady accumulation among mid- to large-tier holders, suggesting increased confidence or strategic positioning among market participants.

This growth in larger XRP holders coincides with rising engagement on the network, further reinforcing the notion that the increase in on-chain activity is not driven solely by short-term trading. Instead, it suggests the presence of long-term holders or institutional actors preparing for broader utility, such as developments in payments, tokenization, or stablecoin infrastructure involving XRP.

Although market participants often interpret rising network activity as a precursor to upward price action, the correlation is not always immediate or direct. Nevertheless, the substantial increase in active addresses and accumulation among top-tier holders indicates growing interest and commitment to the asset, independent of speculative momentum.

The stabilization of XRP's price near $2.30 in mid-2025, following its surge, indicates that the market has found a new equilibrium. This price level could serve as a support level, providing a foundation for future price movements. The increased network activity and user engagement suggest that XRP has the potential to reach new heights in the coming years, as more users adopt and utilize the network.

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