XRP Ledger Reaches Record-Breaking Address Count Amid Price Correction

The XRP Ledger has experienced significant growth, reaching a record-breaking 8.1 million addresses. This milestone comes despite a prolonged price correction, with XRP trading in the range of $1.30-$1.33. According to on-chain analytics from CryptoQuant, the number of addresses on the XRPL network has grown by 3.39% in the first quarter of 2026 alone.

The growth of wallets and accumulation addresses is a sign of resilience in fundamental indicators for the XRP Ledger. However, analysts are waiting for clear legislative signals and institutional capital inflows to reverse the bearish trend.