XRP Ledger New Accounts Surge 320% as Price Hits $1.60

Key Facts

The XRP Ledger recorded 11,432 new accounts on September 24, marking a 320% increase above the 30-day daily average. Coingape.com reported that this surge in network growth occurred as the token price reached the $1.60 level.

The spike in network activity coincided with a price rally from $1.40 to $1.60, signaling increased interest from both retail and institutional traders in the ecosystem. This growth represents a significant jump from the typical daily activation average of approximately 2,700 to 3,000 accounts.