XRP has seen a notable increase in network activity, with the number of active accounts exceeding 40,000 for the first time since July 2025. The renewed activity arrives at a challenging period for the cryptocurrency, which continues to struggle with downward price pressure and the risk of losing its key $1 price level.
Network activity climbs while price falters
Data from XRPScan, a leading XRP Ledger analytics platform, shows that active accounts recently reached about 41,700, measuring the number of unique senders on the network. While this marks a substantial increase compared to the 30-day average of 29,300 accounts, it remains well below the all-time high of 106,000 active accounts.
Market analysts suggest that the uptick in account activity may be driven largely by retail investors seeking to mitigate losses by moving their XRP to exchanges for potential sale. However, the total count of active accounts does not directly specify whether these movements result from selling, transferring to self-custody, or routine investment reallocations.
XRPScan’s figures put network activity well above recent averages but highlight that the present surge still falls short of previous peaks, indicating a spike in participation but not a historic record.
Despite this increase in activity, transaction data has yet to clearly distinguish between coins being sent to exchanges for liquidation and those simply moving between wallets for other reasons. Screenshots and current analytics do not break down these movements, leaving some uncertainty about the underlying causes for the surge in account numbers.
Mini dictionary: XRPScan, a dedicated analytics site for the XRP Ledger, provides real-time data and statistics on transactions, accounts, and network usage for the XRP blockchain.
Bearish market pressures intensify
At the same time, XRP’s price continues to face downward momentum. The asset is trading around $1.0475, hovering precariously above the $1 mark. If this psychological and technical support level is breached, analysts warn that it could trigger a swift and more pronounced decline in value.
This recent downturn has brought the token back to its price range prior to the recovery seen in August. Market participants are closely monitoring the situation, with many seeking opportunities to exit positions at breakeven points amid ongoing losses.
Technical indicators show that XRP is now trading below all the moving averages listed on major charts, reinforcing the dominance of the current downtrend. Attempts at a bullish reversal seen in October have been outpaced by prevailing bearish sentiment. Market commentators note a heightened degree of pressure on the asset, as both transactional and psychological stress increase during this period.
| Metric | Current Value | 30-Day Average | All-Time High |
|---|---|---|---|
| Active Accounts | 41,700 | 29,300 | 106,000 |
| Price | $1.0475 | Above $1 | Higher peaks in past cycles |
According to market strategists, a clear sign of recovery would require the formation of higher price highs and sustained buying interest, milestones that have not yet materialized. Until then, the outlook for XRP remains cautious amid heightened volatility and uncertainty.
To confirm a true market recovery in $XRP, traders look for higher highs and ongoing strong buying, but these signals have yet to emerge.
