XRP Ledger adds 489,739 new accounts in 2026 as network activity surges

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XRP Ledger adds 489,739 new accounts in 2026 as network activity surges
PrimeXBT Editorial Team
Reviewed by PrimeXBT

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XRP

The XRP Ledger added 489,739 new accounts in the first half of 2026, pushing active accounts to a new peak of 8.403 million. XRP's price still trades near $1, down 41% year-to-date, and traders now watch whether rising network activity can keep the token above that support level.

The XRP Ledger has added 489,739 new accounts in the first half of 2026. That lifted active accounts to a new peak of 8.403 million in July, up from 7.913 million. XRP itself trades around $1.07, just a few cents above the $1 level. The price is still down about 41% year-to-date.

Network activity climbs as coins move off exchanges

Exchange supply has declined to a new seven-year low of 2.748 billion XRP tokens, suggesting accumulation as coins move into self-custody and circulating supply on exchanges shrinks. Meanwhile, cumulative spot ETF inflows have reached $1.50 billion, about 1.48% of XRP's market cap. Daily net flow came to $5.98 million on $8.83 million of traded value.

RLUSD supply expands on two chains

Ripple Mint has also gone live for institutional RLUSD, and the stablecoin's market cap is growing on both the XRP Ledger and Ethereum. Ripple recently minted 15 million RLUSD on Ethereum and then burned 10 million RLUSD from its treasury. RLUSD's circulating supply on Ethereum has climbed above $712 million, behind the XRP Ledger's $873 million.

Price still testing the $1 support level

Over the past three months, XRP is down 21.8%, and down 36.6% over six months. It remains down more than 66% since last July. The token is now only 6.67% away from trading below $1. It still trades above its SuperTrend line, which itself sits above that support level.

The RSI reading of 43 points to mid-selling activity, but selling has not outweighed buying, based on the exchange supply balances. Therefore, the growing network activity may help XRP hold above $1. If that support breaks, the bearish trend that has persisted through most of 2026 would continue.

Source: AMBCrypto

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