XRP Active Addresses Hit a New High with a 620% Surge in One Week

Highlights:

• XRP active addresses have surged by about 620% in seven days.
• The spike signifies renewed interest in the token following Trump’s Strategic Reserve plans.
• XRP’s price is up by approximately 5%, trading at about $2.46.

Renowned crypto market chartist and analyst Ali Martinez has shared a Glassnode chart, revealing an incredible jump in the number of XRP active addresses. According to the shared chart, active XRP addresses increased from 74,589 to 462,650, representing a 620% spike within a week interval.

On close analysis of the graph, it was obvious that the surge in active addresses was more pronounced between March 1 and 3. This signifies that the increment coincided with Donald Trump’s announcement disclosing plans to create a Strategic Reserve for XRP.

The number of active $XRP addresses has skyrocketed by 620% in the past week, climbing from 74,589 to 462,650! pic.twitter.com/eesFlnJw24

— Ali (@ali_charts) March 5, 2025

How Trump Possibly Influenced the Incredible Surge in XRP Active Addresses

The United States president first disclosed plans for the Strategic Reserve on March 2. His initial announcement on Truth Social spotlighted Solana (SOL), Cardano (ADA), and XRP as assets that would be included in the reserve. However, after about an hour, he shared another post, clarifying that Bitcoin and Ethereum will be at the heart of the Strategic Reserve.

Meanwhile, the news about the proposed crypto reserve sparked a sharp market rally, driving significant price gains across leading and popular cryptocurrencies. On its part, XRP surged by about 30% to hit the $2.80 price mark a few hours after Trump’s disclosure. While XRP might have shed off most gains from the positive news, one could assert that Trump’s influence might be a leading factor driving the sudden surge in the number of XRP active addresses.

Before Martinez’s latest tweet on XRP’s active address statistics, the market expert had shared a similar metric on February 27. However, contrary to today’s remarkable figure, the reverse was the case in February. Per the market expert’s shared Glassnode chart, the number of XRP active addresses dropped by about 50% between early December and late February.

Martinez noted that the active addresses depreciated from 202,250 to 101,169 in roughly three months. Relative to today’s data, one could deduce that the number of active addresses continued dropping until after February 28, when it spiked tremendously, attaining peak levels on March 2.

$XRP network activity has declined by 50%, dropping from 202,250 active addresses in December to just 101,169 today! pic.twitter.com/UWJDVDtram

— Ali (@ali_charts) February 27, 2025

XRP Exchange Supply Hits Low-Level

While the surge in activity addresses does not directly pinpoint whether investors are buying or dumping their XRP holdings, another metric indicated that the activities surge stemmed from market participants’ XRP accumulation actions. In a March 4 tweet, Steph, a crypto influencer, noted that XRP is gradually disappearing from exchanges while weak hands continue to dump their XRP holdings.

Still, in the same tweet, the influencer hinted that whales are behind the XRP exchange supply slumps. He backed his claims with a “Binance XRP reserve vs. the asset’s price chart.” In the graph, the exchange’s XRP supply was above 3.025 billion around mid-January this year. Before January concluded, the supply depleted to about 2.85 billion. However, from February 1, XRP supply took a major hit, plummeting drastically to stabilize around 2.73 billion in late February.

💥BREAKING: #XRP IS DISAPPEARING FROM EXCHANGES WHILE WEAK HANDS SELL!

WHAT DO THE WHALES KNOW THAT WE DON’T? pic.twitter.com/2bkxnMx770

— STEPH IS CRYPTO (@Steph_iscrypto) March 4, 2025

Meanwhile, at the time of press, XRP is priced at $2.46, reflecting a 4.95% upswing in the past 24 hours. Within the same timeframe, XRP price extremes fluctuated between $2.34 and $2.54. In a 7-day-to-date price change variable, XRP spiked by about 8%, with its minimum and maximum price levels ranging between $2 and $2.94, respectively.