XRPโs new accounts surged past 10,000 in July, showing growing trust and investor interest.
Active wallet addresses doubled to over 50,500, proving real use of XRP blockchain daily.
XRPโs total value locked hit $92 million, boosted by its expanding decentralized exchange activity.
XRPโs dominance rose above 5.4%, overtaking Shell and Siemens with $211 billion market cap.
XRP is making headlines once again as July turned out to be one of its most eventful months this year. From surging new accounts on XRPL to record-breaking TVL (Total Value Locked), XRPโs momentum is catching the eye of both traders and long-term investors.
Could this be the start of another major breakout?
XRP Network Growth Hits New Milestones
One of the strongest signals of XRPโs growing traction is the surge in new accounts. According to XRPScan data, over 10,000 new accounts were created on July 18 alone, the highest since February.ย
While it hasnโt topped the all-time high of 30,000 set in December 2024, this steady rise shows that new investors are flowing into the network.
The number of active wallet addresses also saw a huge jump, surpassing 50,500โa 100% increase compared to the previous month. This spike suggests not just interest but real usage of XRPโs blockchain, something many altcoins struggle to achieve.
Ripple Sees Massive Whale Transfer
Ripple has caught everyoneโs attention after a huge XRP transfer worth over $738 million was spotted. This sudden move comes as XRPโs price edges closer to its 2018 all-time high, leaving traders and fans wondering whatโs next.
According to data from Whale Alert, a massive 210,669,117 XRP tokens were moved in a single transaction. At first, the senderโs identity was a mystery, which sparked intense discussions within the XRP community.ย
TVL Reaches New Heights
Another big milestone comes from XRPโs total value locked (TVL). This number just hit an all-time high above $92 million, mostly driven by activity on XRPโs decentralized exchange (DEX). For nearly a year, TVL had stayed flat, but now new energy is flowing in.
Part of this push came from Rippleโs official launch of the XRPL EVM Sidechain Mainnet in early July. This upgrade made it easier for people to lock their XRP into liquidity pools and use it in new ways.
XRP Dominance on the Rise
XRPโs dominance index (XRP.D) recently crossed the 5.4% mark, its highest level of 2025 so far. Some analysts believe it could climb toward 15% or even revisit its 2017 peak of 30% if the current trend continues.ย
With a market cap above $211 billion, XRP has even overtaken major corporations like Shell, Siemens, and Blackstone.
As of now, XRP price is trading around $3.54, reflecting a jump of 1% seen in the last 24 hours with a market cap hitting $210 billion.ย