XRP Ledger Surpasses 8 Million Activated Accounts

XRP News

The XRP Ledger has crossed 8 million activated accounts, a fresh adoption milestone confirmed by the XRP Ledger Foundation on Monday. Every account on the network must permanently lock a base reserve — currently 1 XRP — before it can transact, an anti-spam mechanism that also removes at least 8 million XRP from active circulation. That design sets the ledger apart from most Layer-1 chains and gives each wallet a small economic stake. On-chain data shows roughly 2,500 new accounts are created daily, a pace that has held steady for months across everyday users and, increasingly, autonomous software agents. For the cross-border altcoin, the count reflects durable base-layer expansion beyond price action.

Large holders have re-entered aggressively, according to on-chain accumulation data. Whale wallets purchased roughly 70 million XRP over the past week, lifting their combined holdings to about 3.8 billion tokens — near 6% of circulating supply. Accumulation of this scale during a flat price range is typically read as supply quietly moving into stronger hands, a pattern that can steady price action and draw retail interest. XRP trades near $1.11, up about 1% on the week but still down roughly 62% over the past year, a reminder that the token remains suppressed within the broader bear market. For now, sustained whale buying suggests conviction among major holders has not fully eroded.

Ripple has joined the Linux Foundation's x402 Foundation, an initiative building an open standard for machine-to-machine payments over the internet. The move underscores how the XRP Ledger is being repositioned beyond its original settlement role, toward infrastructure for tokenized real-world assets, decentralized finance and AI-driven agentic payments. Ripple's regulated RLUSD stablecoin continues to expand across enterprise use cases, reinforcing that thesis. As AI agents begin transacting autonomously, each still needs at least 1 XRP locked as a base reserve, tying network adoption directly to on-ledger demand for the token.

Exchange balances are thinning. The amount of XRP held on Binance has fallen to around 2.61 billion tokens, the lowest level since February, based on exchange-flow data. Declining exchange reserves are generally interpreted as investors shifting holdings into self-custody, which reduces the pool of coins immediately available to sell. Lower exchange supply does not guarantee higher prices, but it does trim near-term selling pressure and can amplify upside if demand returns. The trend dovetails with the whale accumulation seen this week, both pointing to holders positioning for the medium term rather than trading the current range. Persistent outflows would tighten the available float further.

Technical signals are adding to the constructive case. XRP's TD Sequential indicator — a timing tool that flags potential trend exhaustion — has printed a buy signal on the daily chart. The metric's recent record is mixed: a December reading preceded a strong rally, while a January 2026 signal was followed by a sharp correction, so it warrants caution rather than blind conviction. Market observers argue that if buyers defend the $1.10 zone, price could extend toward $1.24 as the next upside objective. That target sits just below the more heavily watched $1.20 resistance, the barrier XRP has repeatedly failed to reclaim during the current consolidation.

Futures positioning leans firmly bullish. Derivatives data shows the long/short account ratio on major venues at 3.39, meaning roughly 77% of top traders hold long positions against 23% short. Crowded long books can be a double-edged sword: without strong spot buying to confirm the move, a failure at resistance risks triggering rapid liquidations of leveraged positions. Traders are focused on the $1.20 handle as the pivotal short-term level; a clean break with volume would open room toward higher targets, while rejection keeps XRP boxed inside its $1.05–$1.20 range. The confirmation bulls need is genuine spot demand, not leverage alone.

COINOTAG's proprietary 42-indicator composite scoring engine rates the $1.21 resistance at 77/100, driven by a confluence of a support-to-resistance flip, the volume point of control and the 0.382 Fibonacci retracement — the ceiling XRP must clear to change character. On the downside, the engine scores the $1.0714 floor at 82/100 (swing low, Fibo 0.114) and the immediate $1.1068 shelf at 81/100 (EMA 20, MACD cross), so spot at $1.108 sits directly on structural support. RSI at 48.55 is neutral with a bullish MACD crossover, while a 0.0042% funding rate and $716 million open interest confirm long-heavy positioning. With Fear & Greed at 25 (Extreme Fear) and elevated Bitcoin dominance, a daily close below $1.0714 would invalidate the bullish thesis.