XRP Ledger Accounts Surge 142% as Q3 Stablecoin Supply Tops $1.03B

yesterday / 22:40 4 sources positive

Key takeaways:

  • XRP account growth diverges from weak price action, hinting adoption may precede a confirmed breakout.
  • RLUSD’s 98% stablecoin share boosts XRP Ledger utility but heightens single-asset concentration risk.
  • Strong XRP ETP inflows signal structural demand, yet falling transactions question retail activity.

The XRP Ledger recorded a sharp increase in new account creation on November 1, with 7,734 newly activated accounts marking a 142.4% jump from recent averages, according to XRPScan data. The daily figure rose 33% compared with the previous day and exceeded the 30-day average of roughly 3,500 accounts, though it remained below the network’s historical peak of about 30,600 new accounts. The growth came as XRP traded near $1.25 on November 2, below several important moving averages, with immediate support between $1.20 and $1.25 and resistance in the $1.30 to $1.35 range. A quarterly panel separately listed XRP at $1.49, up 40.9% for the quarter, before spot prices weakened toward the $1.25 area.

Broader Q3 2026 metrics underscored expansion across the ledger’s financial activity. The supply of stablecoins on XRP Ledger increased 25.2% year over year to $1.03 billion, with RLUSD accounting for approximately $1.01 billion and rising 49.7% during the quarter, giving it a 98.1% share. Stablecoin transfer volume reached $14.09 billion, up 39.5% from the previous quarter. Net inflows into global XRP exchange-traded products totaled $355.3 million, a 39.6% quarterly increase, while assets under management rose to $3.32 billion from $2.01 billion. Issuers in the comparison included Bitwise, 21Shares, Franklin Templeton, Canary Capital and Volatility Shares.

Other network data presented a more mixed picture. Payment volume rose 4.3% to 42.82 billion XRP, and native decentralized exchange volume climbed 20.2% to $614.8 million. Tokenized real-world asset value increased 29.2% to $498.7 million, supported in part by Aviva’s tokenized fund launch with BNY Mellon. However, payment transaction count fell 33.6% and total network transactions declined 8.6% to 203 million during the quarter, showing that higher transferred value did not necessarily reflect more everyday network activity.

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