XRP Ledger surpasses 8 million accounts, signals growth

XRP Ledger surpasses 8 million activated accounts, signaling strong adoption and ecosystem growth. Institutional use and tokenization continue to expand despite slower new account creation.

The XRP Ledger has officially surpassed 8 million activated accounts, marking a significant milestone in its adoption and network expansion. Activated accounts, which require a minimum XRP reserve, provide a more accurate measure of genuine user participation than the total number of created addresses. This achievement comes amid a slowdown in new account creation, with recent daily averages at about 2,300 new accounts—down from earlier in the year. Despite this, network activity remains strong, with whale wallets accumulating 70 million XRP over the past week. The XRP Ledger has evolved from a cross-border payments platform into a versatile settlement layer, now supporting tokenization, DeFi, stablecoins, and AI-powered applications. Institutions are increasingly using the network to issue digital assets like government bonds and real estate, boosting liquidity and reducing settlement times. The base reserve mechanism currently locks over 8 million XRP, helping prevent spam and ensuring economic stake. Market participants continue to monitor regulatory changes and price trends, with XRP trading between $1.05 and $1.11.