# XRP Moves Above $1.60 as Large Transfers and New Addresses Rise

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/23286
Published: 2026-09-23T13:05:58.000Z
Updated: 2026-09-23T13:05:58.000Z

XRP moved above $1.60 Tuesday as large transactions and new address creation increased, extending the asset’s seven-day gain to 12.6% while leaving the direction of whale activity unresolved.

The move marked XRP’s first rise above $1.60 since early February, apart from a brief uptick in August. During the measured period, there were 1,917 XRP transactions worth at least $100,000, the highest level of such activity in about a month.

The increase shows more movement among large holders but does not establish whether those transfers involved buying or selling. New address creation also accelerated, with 3,647 addresses added during the period. That figure does not necessarily represent the same number of new investors or individuals.

In the latest snapshot, XRP traded near $1.60, with 2,479 new addresses and 1,281 large transactions recorded.

Activity on the XRP Ledger has expanded beyond wallet creation and large transfers. Tokenized assets and RLUSD balances on the network recently reached about $4.26 billion, while RLUSD circulation stood at roughly $2.4 billion.

Interest in XRP investment products has also continued. Bitwise filed an updated registration for an XRP exchange-traded fund with the Securities and Exchange Commission on Sept. 18. The fund recorded a $19.16 million net inflow on Sept. 22.

The combination of higher prices, new addresses, large transactions and expanded ledger activity points to increased XRP ecosystem activity. It does not by itself confirm accumulation by large holders or establish that the network growth will drive further price movement.

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- [XRP exchange-traded fund](https://www.tokenpost.com/news/investing/23237)