A sharp divergence has emerged in the XRP market: on-chain activity is climbing while price remains under pressure near the $1 level. According to data cited on August 19, daily active addresses on the XRP Ledger rose from 27,665 to 34,318 within 24 hours, an increase of roughly 24.1%. The figure later approached nearly 50,000 active addresses, described as a two-month high.
Despite the uptick in network usage, XRP has struggled to hold momentum. The token recently dipped below $1 and continues to fluctuate around that threshold, with traders closing positions and short sellers gaining influence. The contrast between rising engagement and weak price action has pushed some holders to consider passive-income alternatives rather than waiting for a return toward $2.
Two sponsored reports promote cloud mining platforms as a way to earn yield from holdings. EX DeFi, described as a UK-based platform operating under European regulatory frameworks such as MiCA and MiFID II, advertises cloud mining contracts with daily payouts. Its promotional material highlights PwC compliance audits, Lloyd’s of London custody insurance, Cloudflare and McAfee security, and support for assets including XRP, BTC, ETH, USDT, BNB, USDC, DOGE, LTC, ADA and SOL. The advertised plans include a $100 two-day BTC trial contract with an $8 total profit, a $500 six-day DOGE contract with $39 profit, and larger Bitcoin and Litecoin contracts.
A separate August 20 promotion for FT Mining makes similar claims, describing a UK-based cloud mining service with clean-energy data centers, more than nine million registered users, a $15 sign-up bonus, multi-currency settlements and referral rewards up to $50,000. The reports frame cloud mining as a lower-barrier alternative to operating physical mining equipment.
The articles are promotional in nature and do not constitute investment advice. No fundamental XRP protocol change or confirmed institutional move was reported; the main measurable event is the increase in active addresses, which may support sentiment but has not yet translated into sustained price recovery.
