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>>New addresses on the XRP Ledger have dropped by more than 80%, reaching an 18-month low.

New addresses on the XRP Ledger have dropped by more than 80%, reaching an 18-month low.

crypthub

about 9 hours ago

Sharp Drop in New XRPL Addresses

The XRPL saw an 85% plunge in daily new addresses from 18,000 in December 2024 to 2,700 by early May 2025. This 15,300‑address decline signals a slowdown in speculative activity toward the all‑time high. Data from Glassnode, cited by Finbold, confirms the trend.

Active Supply and Total Address Growth

Monthly active supply of XRP fell dramatically, dropping from 7.5 billion to 2 billion tokens per day. Despite the daily drop, the ledger’s total address count kept rising and recently hit an all‑time high. The contrast highlights weakening user engagement amid expanding infrastructure.

Price Impact of Low Adoption

XRP’s price slipped over 24% year‑to‑date, trading around $1.39 and pushing market capitalization to roughly $86.3 billion. The token has struggled to break $1.50 since its February decline. Continued low adoption may reinforce bearish sentiment.

Future Outlook

A rebound in daily new addresses could trigger a sustainable price recovery for XRP. Network activity remains a key driver of market perception. Monitoring address growth will be crucial for forecasting the token’s trajectory.