XRP Ledger Activity Jumps While XRP Price Struggles

TLDR XRP Ledger active accounts reportedly reached 30,604 on October 26, about 65% above the 30-day average. Network participation nearly doubled compared with quieter periods that recorded 15,000 to 16,000 active accounts. XRP traded near $1.29 despite the increase in network activity. Technical indicators continued to show weak buying pressure, with XRP trading below several moving averages. Total nonempty XRP Ledger wallets reached a reported record of 8.24 million. The XRP Ledger recorded a jump in daily active accounts on October 26, while XRP traded near $1.29. The gap between network use and price follows months of quieter activity this year. Figures attributed to XRPScan put active accounts at 30,604, compared with a 30-day average of 18,600. That places the latest count about 65% above the monthly norm.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to CoinCentral.