XRP addresses spikes by nearly 490,000 in H1 2026 – Finbold report
As the XRP community saw the token fall over 41% during the first half of 2026, Finbold research shows the XRP Ledger (XRPL) recorded a rise of nearly 490,000 addresses.
The XRP addresses increased by 489,739 accounts, from 7,913,554 on January 1, 2026, to about 8,403,293 on June 30, 2026, as per Finbold’s H1 2026 Cryptocurrency Market Report. However, the number of XRP active unique addresses, which indicate XRPL utilization, declined by about 4,625 accounts during the same period.
“XRP’s daily active addresses declined in the first half of 2026, falling by 4,625 between January 1 and June 30, from 19,927 to 15,302. Total addresses grew over the same period,” the Finbold report shows.
The altcoin’s addresses increased by around 6.19% during the first half of 2026, thereby reaching an all-time high (ATH) of above 8.426 million on July 8, according to data from CryptoQuant. However, the XRPL network’s activity, which is represented by active unique addresses, declined by approximately 23.2% during the first half of 2026
XRP utilization H1 2026 report. Source: Finbold
Why are XRP addresses up in H1 2026 amid lower activity on XRPL
The XRP addresses increased over the first six months of 2026, largely due to XRP Ledger tokenization growth. Furthermore, XRPL tokens, such as Ripple USD (RLUSD), have increased during the same period, with stablecoin holders on the XRP Ledger totaling about 59,750 at press time, according to data from RWA.xyz.
XRPL analysis. Source: RWA.xyz.
Amid the XRP Ledger tokenization growth, the altcoin’s price has been trapped in a bear market. Year-to-date (YTD), XRP price has dropped over 41%, trading at about $1.08 on Wednesday.
XRP price YTD. Source: Finbold
As such, the bearish outlook for XRP has largely led to a decline in its unique active addresses, while the rising adoption of XRPL tokens potentially fueled the growth in XRP addresses.
