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), XRP’s momentum is catching the eye of both traders and long-term investors.
Could this be the start of another major breakout?
One of the strongest signals of XRP’s 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.
While it hasn’t 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 50,500—a 100% increase compared to the previous month. This spike suggests not just interest but real usage of XRP’s blockchain, something many altcoins struggle to achieve.
Ripple has caught everyone’s attention after a huge XRP transfer worth over $738 million was spotted. This sudden move comes as XRP’s price edges closer to its 2018 all-time high, leaving traders and fans wondering what’s next.
According to data from Whale Alert, a massive 210,669,117 XRP tokens were moved in a single transaction. At first, the sender’s identity was a mystery, which sparked intense discussions within the XRP community.
Another big milestone comes from XRP’s total value locked (TVL). This number just hit an all-time high above $92 million, mostly driven by activity on XRP’s decentralized exchange (DEX). For nearly a year, TVL had stayed flat, but now new energy is flowing in.
Part of this push came from Ripple’s 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’s 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.
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.
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