The XRP Ledger (XRPL) has reached a new milestone in user growth, with the total number of non-empty wallets surpassing 7.7 million for the first time in its more than 13-year history, according to data shared by on-chain analytics platform Santiment. The increase in wallet holders also coincided with a sharp rise in network activity and XRP price rebound.
XRP Ledger Records 7.7 Million Holders
Santiment’s on-chain data shows that the XRP Ledger now hosts over 7.7 million wallets holding XRP, marking a new all-time high for the network’s user base.
Non-empty wallets are widely used as a proxy for adoption because they represent addresses that currently hold tokens rather than inactive or empty accounts. Growth in this metric typically signals expanding participation within the ecosystem. For a blockchain that launched in 2012, this milestone highlights the network’s long-term resilience.
The XRP Ledger was launched in 2012 to make global payments faster, cheaper, and more efficient than Bitcoin and traditional banking rails. However, it has grown into a network powering Ripple’s financial infrastructure.
Several traditional banks now use the XRP Ledger or at least some of the services built around the network. That includes SBI Holdings, one of the biggest names in Japan’s banking sector. The firm recently established a partnership with Ripple to facilitate cross-border settlements in Japan.
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XRPL Network Activity Climbs to Five-Week High
Alongside the growth in holders, daily activity on the XRP Ledger has also surged. On March 16, the network recorded 46,767 active XRP wallets, the highest level of activity seen on the ledger since February 12, according to Santiment.
Active addresses measure the number of wallets participating in transactions within a given period and are often viewed as an indicator of real usage on a blockchain network. Spikes in this metric can reflect increased trading, payments activity, or broader market participation. Recent reports confirm that the XRP Ledger now processes around 3 million transactions daily, nearly triple mid-2025 levels.
These developments coincide with a strong short-term rally in XRP’s market price. According to the data shared in Santiment’s report, XRP surged approximately 14% within a 48-hour window, briefly breaking above the $1.60 level. At the time of writing, XRP was trading at $1.52, an almost 4% rise over the last 24 hours.
Growing Adoption Across the XRP Ecosystem
The combination of record wallet growth and rising active addresses suggests expanding engagement with the XRP ecosystem. While price cycles remain influenced by broader crypto market trends, these metrics provide insight into the underlying health and perception of the blockchain network.
Surpassing 7.7 million holders alongside a surge in daily activity underscores how the XRP Ledger continues to attract participants, particularly in institutional finance, even after more than a decade of operation.
Analysts will continue to monitor these on-chain signals along with XRP price movements. Perhaps, this will confirm Brad Garlinghouse’s thesis that 2026 could be a defining year for XRP.
Temitope Olajide
The CoinRemark Team