XRP Market Activity Continues to Rise Despite Price Volatility

XRP's market activity has been on a steady climb despite its price struggling to regain lost ground. According to recent data, the cryptocurrency has reached an impressive milestone of 8 million wallets holding XRP.

The majority of these wallets belong to retail holders with relatively small balances, while a smaller group controls the bulk of the supply. This distribution model has remained unchanged since the price peaked in July 2025 and began its downward trend.

Despite this, trading volume on XRP's Ledger continues to rise, reaching $3.86 billion in a single 24-hour window. Of this amount, $3.25 billion came through futures markets and $605 million through spot trading. Open interest stood at $2.50 billion, indicating that traders are holding positions rather than just making quick trades.