Million

bullish

Dollars

<p>The XRP Ledger now has 8.24 million addresses holding a balance, an unprecedented level despite recent XRP volatility. This growth confirms the network’s expansion, but it is not yet enough to trigger a sustainable price recovery.</p>
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  <h2 class="in-brief--title" id="in-brief">In Brief</h2>
  <ul>
   <li>The XRP Ledger reaches a historic record of 8.24 million addresses holding a balance.</li>
   <li>The network recorded 4,772 new wallets in one day, a sign of growing activity.</li>
   <li>This growth does not necessarily reflect an equivalent increase in the number of users.</li>
   <li>Despite this growth, the XRP price remains under pressure around 1.30 dollars.</li>
   <li>A sustained break above 1.40 dollars could pave the way for a recovery towards 1.50 dollars.</li>
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<h2 id="the-xrp-ledger-adds-4-772-wallets-in-one-day">The XRP Ledger Adds 4,772 Wallets in One Day</h2>
<p>The number of non-empty addresses on the <a href="https://www.cointribune.com/en/ripple-prepares-xrp-ledger-for-a-future-quantum-threat/" rel="noopener noreferrer nofollow">XRP Ledger</a> reached a record 8.24 million, according to data published by the analytics platform Santiment. This increase continued while XRP hovered around 1.30 dollars after several difficult weeks.</p>
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<p>The network recorded 4,772 new wallets in just one day. This is the fifth largest daily peak observed since March. This acceleration suggests renewed interest in the ecosystem, without allowing to precisely determine how many new investors have joined the network.</p>
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<p>Several figures summarize the current situation of XRP :</p>
<ul>
 <li>The XRP Ledger has 8.24 million non-empty addresses ;</li>
 <li>The network added 4,772 wallets in 24 hours ;</li>
 <li>This growth represents the fifth highest daily peak since March ;</li>
 <li>XRP trades around 1.30 dollars as of October 25 ;</li>
 <li>The levels of 1.40 and 1.50 dollars remain the main resistances to watch.</li>
</ul>
<p>Santiment <a href="https://news.bitcoin.com/market-updates/xrp-wallets-hit-record-8-24-million-as-network-growth-accelerates/" rel="noopener noreferrer nofollow">estimates</a> that the growth in the number of holders continues despite the weak price. The company stated:</p>
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 <p>New user participation is accelerating once again, reinforcing the bullish scenario if the price confirms this increase in the number of users.</p>
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<p>However, this statement remains conditional. An increase in the number of wallets does not automatically trigger sufficient demand to push XRP up. The token has actually declined since its peak near 1.40 dollars on October 21, despite the continued rise in the number of addresses.</p>
<h2 id="an-xrp-wallet-does-not-always-correspond-to-a-user">An XRP Wallet Does Not Always Correspond to a User</h2>
<p>The record of 8.24 million must be interpreted with caution. The data count addresses containing XRP, not the exact number of people using the network. The same investor can control several wallets, notably to separate their payment, custody, and trading activities.</p>
<p>Conversely, a single address can represent thousands of clients. Exchanges often hold funds of multiple users in a shared wallet. On the XRP Ledger, they then use identifiers called <em>“destination tags”</em> to assign each deposit to the correct client.</p>
<p>The reported figure therefore measures the expansion of funded accounts, but not necessarily that of individual users. It also provides no information on amounts held in each wallet. An address holding a few XRP carries the same statistical weight as an institutional wallet holding several million tokens.</p>
<p>Santiment also distinguishes the total number of non-empty addresses from the network’s daily growth. The latter indicator measures new addresses that transfer an asset for the first time. It offers a more dynamic view of incoming participants but can also be influenced by promotional campaigns, token distributions, or automated activity.</p>
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<p>Nonetheless, the observed growth remains significant. The XRP Ledger approached eight million activated addresses at the end of June before crossing this threshold in July. The rise to 8.24 million thus shows that account creations continued despite the crypto market’s downturn.</p>
<h2 id="h-xrp-price-remains-stuck-below-1-40-dollars">XRP Price Remains Stuck Below 1.40 Dollars</h2>
<p>XRP trades around 1.30 dollars this October 25, after hitting a low near 1.25 dollars the day before. The token remains trapped in a zone between support located around 1.25 to 1.30 dollars and resistance near 1.40 dollars.</p>
<p>Santiment considers that a sustained break above 1.40 dollars, accompanied by at least 4,000 new wallets per day, could increase the likelihood of a return to 1.50 dollars. Conversely, a fall below 1.30 dollars combined with fewer than 3,000 new addresses daily would weaken the short-term adoption signal.</p>
<p>The increase in wallets is therefore an encouraging indicator, but it must be compared with other data. Transaction volumes, stablecoin transfers, application activity, and flows to investment products help determine if these new accounts correspond to sustainable usage.</p>
<p><a href="https://www.cointribune.com/en/xrp-reaches-8-million-users-but-price-lags-behind/" rel="noopener noreferrer nofollow">The address record</a> shows that the XRP ecosystem continues to expand. For the market, the real test will now be whether this growth transforms into economic activity and real demand for the token.</p>

XRP Hits 8.24 Million Funded Addresses Amid Volatility

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