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      XRP Network Sees 655% Increase in Active Addresses Amid Price Stability

      The XRP Ledger has experienced a significant increase in network activity, with active addresses rising by 654.71%, reaching approximately 356,000. This surge is notable given that XRP's price has remained relatively stable around the $1 mark, raising questions about the factors driving this heightened engagement.

      In August 2026, the average number of daily active addresses was around 35,700, which itself represented a 35% increase from July's average of approximately 26,400. The peak for daily active addresses during August reached about 49,900. Alongside this growth in active addresses, transaction activity has also seen an upward trend, with successful transactions increasing by 65.5% and overall transaction volume rising by 38.5%.

      The XRP Ledger recorded 222.4 million transactions in the second quarter of 2026, marking the second-highest quarterly total in its history. Additionally, the network surpassed 8 million activated accounts by July, indicating a growing user base, although new address creation has remained steady at around 2,260 per day, suggesting that existing users are becoming more active rather than new users joining the network.

      Tokenization activity, particularly involving Ripple's RLUSD stablecoin, has been identified as a potential driver of this increased engagement. By mid-2026, approximately 59,000 holders were utilizing stablecoins on the XRP Ledger, with RLUSD aimed at institutional settlement applications rather than retail trading.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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