XRP active addresses soar over 130% in a month

While the XRP price has continued to decline over the past month, activity on the XRP Ledger (XRPL) has been moving in the completely opposite direction, suggesting that network engagement is increasing despite weaker market momentum. More precisely, the number of active XRPL accounts surged from 15,678 on October 3 to 36,342 at press time, November 3, according to data Finbold retrieved from CryptoQuant. The latelst figure represents an increase of 20,664 accounts, or approximately 132% in just one month, meaning daily active accounts more than doubled over the period in question. At the same time, XRP lost approximately $15.2 billion in market capitalization, as its price dropped from $1.48 to $1.24, based on a circulating supply of 63.35 billion tokens. Receiving vs.

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