XRP Ledger Surpasses 8 Million Activated Accounts as Adoption Expands

2 hour ago 3 sources positive

Key takeaways:

  • The 8 million account milestone signals XRP's evolving multi-sector utility, yet neutral RSI near 49.60 suggests price may not immediately reflect network growth.
  • XRP must overcome the $1.1656 Bollinger Band resistance to convert network adoption into bullish momentum, or face continued consolidation.
  • While tokenization and AI integration broaden XRP's long-term value proposition, short-term traders should monitor whether account growth translates into on-chain activity and demand.

The XRP Ledger has crossed 8 million activated accounts, a milestone confirmed by the XRP Ledger Foundation and shared by foundation member Vet on X. The achievement reflects steady network growth as the blockchain broadens its utility beyond payments into tokenization, decentralized finance, and AI-powered applications.

Activated accounts on XRPL require a minimum reserve of 1 XRP, enabling users to send transactions and interact with smart services. The surge in accounts underscores expanding participation from developers, institutions, and retail users. Vet described the milestone as another sign of the ecosystem’s steady development, noting that adoption now spans multiple sectors rather than a single use case.

Technically, XRP was trading near $1.1128, holding above its middle Bollinger Band at $1.0949, with the upper band at $1.1656 acting as resistance. The RSI stood at 49.60, slightly above its moving average, indicating neutral momentum with a slight buyer advantage. While network fundamentals drive long-term value, the stable price structure accompanies the record account count, reinforcing a positive backdrop for the XRP token.

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