XRP Ledger has reached a milestone of more than 7.7 million non-empty wallet holders for the first time in its more than 13-year history, signaling sustained network growth and adoption. The development coincides with a sharp price rally, as XRP surged 14% over 48 hours to exceed $1.60 on Monday.
On-chain activity metrics reinforced the bullish momentum, with active addresses on the network hitting a five-week high of 46,767 on Monday. This combination of record holder growth and elevated transaction activity suggests renewed investor interest in the ripple-backed ledger and its native asset, independent of recent price movements.
The concurrent growth in both network participants and transaction volume indicates the rally is not driven by speculative trading alone. Sustained increases in non-empty wallets typically reflect genuine adoption and long-term holder accumulation rather than short-term volatility, lending credibility to the upward price action across the XRP ecosystem.