TLDR
- The XRP Ledger achieved a historic milestone with 7.7 million funded wallets, marking a first in its 13-year existence.
- Network activity surged as daily active addresses touched 46,767, representing the strongest engagement in five weeks.
- Token value jumped nearly 10% over a 48-hour period, pushing past the $1.60 threshold.
- Trading platform reserves grew to 2.85 billion XRP, indicating token migration back to exchanges.
- Blockchain metrics revealed expanding user engagement through accelerating wallet creation and transaction activity.
The XRP Ledger (XRPL) has achieved an unprecedented milestone with 7.7 million funded wallets, representing the highest count in the network’s 13-year existence. Blockchain analytics simultaneously revealed that daily active addresses surged to their strongest level in five weeks. During this same period, XRP price experienced a nearly 10% appreciation over 48 hours, breaking above the $1.60 mark.
Historic Wallet Growth on XRP Ledger
Analytics provider Santiment documented that funded wallets on the XRP Ledger reached 7.7 million on March 16. This represents an all-time high for the network since its inception over a decade ago. Historical data demonstrates consistent wallet expansion even throughout periods of market turbulence. Despite price volatility, the network saw continuous creation and funding of new addresses.
According to Santiment’s report, active addresses peaked at 46,767 on the identical date. This metric represents the strongest single-day participation level observed since February 12. During early February, XRP declined to $1.11 before market sentiment shifted. The subsequent price recovery corresponded with heightened daily network engagement, propelling activity to its highest point in weeks.
👫 XRP Ledger now has more than 7.7M holders (non-empty wallets) for the first time in its 13+ year history, as its usage continues to grow.
📈 Additionally, Monday closed with a 5-week high of 46,767 active addresses as $XRP's price jumped +14% in 48-hour span, breaching $1.60. pic.twitter.com/SKTO5L4W6o
— Santiment (@santimentfeed) March 17, 2026
Token Migration Patterns and Price Dynamics
CryptoQuant analytics indicated that exchange holdings previously contracted to 2.75 billion XRP. Throughout that timeframe, the token’s value skyrocketed from approximately $0.60 to surpass $3.00. Nevertheless, exchange balances expanded once more to roughly 2.85 billion XRP as of March 16. This reversal suggests renewed token flow toward centralized trading venues.
Santiment connected the network’s revitalized momentum with recent valuation gains. Their analysis highlighted a 14% surge within a 48-hour window before a modest pullback. The digital asset recaptured the $1.60 benchmark before retreating toward $1.53. Current market data shows XRP trading at $1.53 with a 3.24% daily appreciation.
The token has demonstrated strong recovery from its February 6 bottom of $1.11. The $1.60 peak represented a substantial 45% climb from that trough. This upward trajectory aligned with expanding wallet totals and intensified address engagement. Blockchain data confirmed strengthening user participation as bullish momentum materialized.
Current market rankings show XRP reclaiming the fourth position by total market capitalization. The asset overtook BNB following its recent appreciation. Santiment emphasized that increasing active wallet counts reflect elevated transaction volumes. The analytics firm noted that rising holder numbers indicate sustained network interaction.
Previous exchange balance declines corresponded with substantial upward price action. Conversely, the latest reserve expansion may indicate near-term profit-taking behavior. Future price direction will likely depend on whether exchange holdings decrease or maintain their upward trajectory. As of March 16, blockchain analytics reflected enhanced participation throughout the XRP Ledger ecosystem.
Santiment noted, “The network now maintains over 7.7 million funded wallets.” The analytics provider further verified that daily active addresses achieved a five-week maximum. These metrics represent the most current on-chain measurements for the XRP Ledger network.
