The XRP Ledger (XRPL) has achieved a historic milestone, surpassing 7.7 million non-empty wallets for the first time in its 13-year history. This record, highlighted by market intelligence platform Santiment, signifies a major expansion in the network's user base and widespread adoption of the XRP token.
Concurrently, network activity has surged to a five-week high. On March 16, 2026, the ledger recorded 46,767 active addresses, the highest daily activity level since February 12. This spike in usage coincided with a significant price rally for XRP, which saw the token's price jump approximately 14% in a 48-hour span, breaching the $1.60 resistance level before settling around $1.51-$1.53.
The milestone of 7.7 million wallets, defined as those containing at least some XRP and not a zero balance, indicates a growing and engaged holder base. Santiment data suggests these users are not leaving XRP dormant but are actively transacting, contributing to the network's real-world utility. This utility is further evidenced by a massive 1,282% surge in the real-world tokenization sector on XRPL, reaching $139.85 million within 30 days.
Market metrics reflect strong investor interest. XRP's 24-hour trading volume surged 91.71% to $5.2 billion. However, on-chain data from CryptoQuant presents a nuanced picture. While the growing wallet count is a positive long-term signal, exchange reserves, particularly on Binance, have increased from around 2.75 billion XRP to approximately 2.85 billion XRP. This movement of coins back to exchanges typically suggests a phase of profit-taking or potential selling pressure.
The current outlook suggests strong growth across key metrics—record holders, active addresses, and price appreciation—simultaneously. Ripple is reportedly making plans to integrate XRP, the XRP Ledger, and its upcoming USD stablecoin (RLUSD) under one platform to facilitate institutional access. Analysts suggest that if XRP sustains this momentum, it could soon test the $2.00 level, last seen in January 2026.
