XRP network active addresses rocket over 650%

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As XRP gained more than $31.27 billion over the past seven days, reaching a market capitalization of $93.8 billion on August 25, its on-chain activity has skyrocketed by more than 650% over the past two weeks.

The XRP’s active addresses surged by 654.71% million between August 10 and August 24, according to data from Santiment. Specifically, this token’s network activity moved from 47,180 active addresses on August 10 to 356,070 accounts on Monday, thereby increasing by 308,890 active addresses in 14 days.

XRP’s daily network activity. Source: Santiment 

The parabolic gain in XRP daily activity has coincided with the broader cryptocurrency bullish sentiment. With its price mooning, up nearly 50% over the past seven days, this explosion in active addresses signals a strong renewed demand.

XRP activity spikes on renewed demand 

The sharp uptick in this altcoin’s daily active addresses has coincided with a renewed demand, through growth in Artificial Intelligence (AI) agent transactions and spot Exchange-Traded Funds (ETFs). For instance, the XRP Ledger (XRPL) network recorded 5,355.43 token’s settled through AI agent transactions at press time, up 38% in 30 days, based on metrics from t54.

XRPL’s AI Agent Transaction. Source: t54

As for the United States’ spot XRP ETFs, they have recorded only one week of cash outflow since July 1, 2026. As such, these funds attracted 95.65 million between the first day of July and August 24, currently holding $1.44 billion at the time of publication, as per updates from SoSoValue.

Spot ETFs daily cash flow. Source: SoSoValue

XRP price performance outlook

Following the 654.71% gain in XRP’s on-chain activity, the token’s price rallied 50.22% over the past seven days, trading at $1.49 at the time of writing. 

XRP/USD’s 6-month chart. Source: Finbold

As a result, if this token’s on-chain activity continues to rise in the coming weeks, its price could pierce through its 6-month peak-wall.

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