- XRP-USD+1.08%
Quick Read
XRP Ledger activity fell to 25,350 active addresses, its second-lowest day of 2026, with new wallet creation dropping to its lowest level since November 2024.
XRP ETF inflows have slowed, pulling in just $107,000 on July 10 and slipping below $1 billion in total assets, after much stronger flows in Q2.
The XRP price is still holding above $1 because large holders, who control about 68% of the supply, keep moving coins into storage instead of selling.
The network will only recover when people start using it again, through growth in RLUSD and tokenized assets on the ledger, not from a price move.
Don’t wait: the analyst who called NVIDIA in 2010 just revealed his top 10 AI stocks. See the full list FREE now.
XRP (CRYPTO:XRP) just had one of its quietest days on-chain all year. Barely 25,000 wallets did anything on the network, and new sign-ups fell to their lowest level since late 2024. At the same time, the price slipped about 3% over the week to $1.11.
Normally, an empty network and a falling price feed each other, since fewer users means less demand, and less demand means a lower price. But XRP is still holding above $1, and its ETFs have gone almost silent this month too. So the bigger puzzle isn’t why activity dried up, but what it means when the users, the institutions, and the price all go quiet at the same time.
XRP Ledger Activity Just Hit a Rare Low
The XRP Ledger has gone quiet, recording just 25,350 active addresses—its second-lowest day of 2026—and it has since drifted even lower to around 22,888. Active addresses are simply the unique wallets doing something on the network on a given day, so this is a direct measure of how many people are actually using XRP. Right now, not many are.
Don’t wait: the analyst who called NVIDIA in 2010 just revealed his top 10 AI stocks. See the full list FREE now.
However, the more telling number is new wallet creation, which fell to 2,130—the lowest since November 2024. This is the vital one, because a network can coast for a while on the users it already has, but it only grows when new people show up. And right now, new people have stopped showing up.
Back in late June, new wallets briefly spiked to nearly 5,000 in a day, which looked like fresh interest coming back, but it wasn’t. That bump came from existing holders buying the dip, not newcomers joining, and once the dip-buying faded, the network went quiet again.
XRP ETFs Have Gone Quiet
For most of this year, XRP ETFs were the one thing bulls could always point to. Even while the XRP price sagged through the first and second quarter of the year, money kept flowing into these funds week after week, which meant big institutions were still buying when almost no one else was. That steady bid was the floor under the price, but tmonth, even that went quiet.
