XRP is seeing a renewed uptick in network activity, with active addresses on the XRP Ledger rising to 18,044, marking the highest level in the past week.
This reading also ranks as the third-highest daily active address count this month, trailing only the spikes recorded on April 8 (18,066) and April 1 (18,058). The CryptoQuant data points to a steady rebound in user activity following a brief mid-month slowdown.
XRP network activity rebounds alongside price strength
The increase in active addresses comes as XRP price action has also strengthened. At the time of publication, XRP is trading at $1.45, reflecting a weekly gain of 8.4%.
Looking at the broader picture, XRP’s market capitalization has expanded from approximately $82.38 billion to $89.70 billion over the past week, representing a gain of more than $7 billion. This rise suggests that capital inflows are returning alongside increased network usage.
On-chain activity and price show renewed alignment
The latest data highlights a closer alignment between on-chain activity and price performance. Earlier in the month, XRP saw periods where price and network usage diverged, but the current trend shows both metrics moving higher in tandem.
Historically, rising active addresses are often viewed as a sign of strengthening demand and increased transaction activity, which can support price momentum if sustained.
What this means for XRP’s near-term trend
While short-term spikes in activity do not guarantee continued upside, the return to near-monthly highs suggests growing engagement on the network.
If active addresses continue to trend higher alongside price and market cap expansion, it could reinforce the case for continued momentum. However, as with broader crypto markets, sustainability will depend on whether demand remains consistent in the coming sessions.
