The XRP Ledger has achieved a new milestone, recording more than 7.7 million non empty wallets, the highest level in its 13 year history, according to data from Santiment.
This surge in network activity coincided with a 14 percent increase in the price of XRP over a 48 hour period, briefly pushing the token above 1.60 dollars, its highest level in several weeks.
Network Activity and Price Movement
Santiment data also shows that active addresses on the XRP Ledger rose to a five week high of 46,767. At the same time, XRP’s price climbed from a weekly low of 1.37 dollars to a 24 hour peak of 1.60 dollars before easing slightly to trade around 1.52 dollars.
At current levels, XRP is up about 10 percent over the past week, outperforming the broader crypto market, which has gained just over 6 percent during the same period, based on data from CoinGecko.
Despite this recent strength, XRP remains more than 58 percent below its all time high of 3.65 dollars recorded in July 2025. Over longer periods, performance is still negative, with a decline of nearly 36 percent over the past year and a slight drop of about 0.5 percent over the last 30 days.
On March 16, analyst CW highlighted the 1.50 dollar level as a major selling barrier for XRP, noting that a decisive move above it could open the path toward 1.95 dollars. Another analyst, CryptoWZRD, previously identified 1.43 dollars as an important level, suggesting that a break above it could support a broader recovery.
Exchange Reserves Increase
Additional insights from Arab Chain show that XRP reserves on Binance have reached their highest level since late last year.
These reserves had been declining steadily over recent months, falling from more than 2.8 billion XRP in November 2025 to around 2.55 billion XRP in February 2026. This earlier decline suggested that investors were moving their holdings off exchanges into private wallets or cold storage for long term holding.
In recent weeks, however, the trend has reversed, with reserves climbing back toward 2.7 billion XRP. Analysts believe this may reflect renewed trading activity or a redistribution of liquidity within the market.
They added that rising exchange reserves are often seen as a sign of increasing available supply in the spot market, as more tokens become accessible for immediate trading.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic
