The six-month chart shows that the metric has held largely between 100,000 and 180,000 since October 2025, with periodic spikes above the upper threshold. The timing matters because the surge arrives in a period where price action has been relatively unstable in terms of bullish momentum.
What this means is that the spike in active addresses is not based purely on a breakout rally. Instead, it points to usage of the Ledger picking up independently, whether through transfers, exchange flows, or institutional-related activity on the network.

At the same time, transaction throughput has reached a milestone of its own. The XRP Ledger recently recorded over 4 million successful transactions in a single day for the first time in over two years, reaching as high as 4.49 million transactions on April 2.
Will Price Catch Up To The Surge In Network Activity?

















