XRP Active Addresses Fall to 24,300 as Holder Count Rises

Daily active addresses on the XRP network have fallen to about 24,300 while the holder count has risen to roughly 8.26 million, showing weaker daily activity alongside a larger holder base.

Active addresses approached 938,000 during an August spike before declining to the latest reading. The holder count continued to grow over that period. The figures measure different things: how many addresses are active each day and how many hold XRP.

Large balances have also become more concentrated. Addresses holding at least 10 million XRP now hold 46.87 billion tokens, equal to 68.5% of supply. That is the group's highest share since November 2022. The concentration figure measures token balances in those wallets, separate from the number of holders or daily active addresses.

XRP traded near $1.29 on Tuesday, below its 50-day moving average of about $1.31. The token reached nearly $1.62 in September before retreating.

The Oct. 27 price chart placed support between $1.25 and $1.28 and resistance between $1.38 and $1.41. Its 200-day moving average was near $1.41.