XRP Adoption Explodes as Active Addresses Jump 490% Since 2022

XRP has officially taken center stage in retail crypto enthusiasm. Data from Glassnode reveals that active XRP addresses have surged 490% since 2022, vastly outpacing Bitcoin’s modest 10% rise during the same period. The trend signals a clear retail appetite for XRP, diverging from Bitcoin’s more institutional momentum.

This significant spike in address activity highlights a transformation in how crypto assets are being used and accumulated. While Bitcoin continues to attract ETFs and major financial players, XRP’s rally appears driven by individual investors betting on Ripple’s growing ecosystem and price potential.

Retail-Led Rally Fuels XRP’s Bullish Momentum

Glassnode’s data paints a clear picture: XRP is becoming a retail favorite in the current market cycle. Since November 2024, the asset has surged over 400%, contrasting with Bitcoin’s steadier, institution-led climb. XRP’s speculative price movement—sideways action followed by an explosive rally—fits the mold of strong grassroots investor interest.

The report notes that XRP’s Realized Capitalization nearly doubled, jumping from $30.1 billion to $64.2 billion in under six months. Roughly $30 billion of that growth came from new capital inflows, further confirming short-term speculation. Analysts warn that while this can push prices higher quickly, it also adds volatility if retail momentum fades.

Ripple Ecosystem Gains Traction with RLUSD Stablecoin Adoption

Adding to XRP’s bullish story is the rising adoption of RLUSD, Ripple’s new stablecoin. RLUSD has been integrated into Ripple’s payment architecture, boosting cross-border transaction capabilities. Analytics platform Santiment reports that RLUSD has seen an 87% rise in adoption and surpassed $10 billion in trading volume, especially on platforms like Kraken.

This growing utility signals that XRP’s ecosystem isn’t just a speculative playground—it’s building real-world infrastructure. As institutional players tap into Ripple’s offerings, XRP could continue to gain long-term relevance beyond its current rally.

Is XRP Headed for a New All-Time High—or a Pullback?

Despite strong fundamentals, on-chain activity is beginning to show signs of exhaustion. Glassnode highlights that capital inflows have slowed since late February 2025, while many new holders now sit at elevated cost bases. This makes them more vulnerable to profit-taking pressure or downside volatility.

Technically, XRP recently bounced from a key support level at $1.95, signaling short-term resilience. If bullish momentum returns, analysts suggest XRP could break above its previous all-time high. However, failure to maintain current levels could trigger a 40% correction, completing a bearish head-and-shoulders formation.

Conclusion: Retail Momentum Meets Real-World Utility

XRP’s recent surge in active addresses confirms a massive uptick in grassroots participation, with retail investors propelling the token’s explosive rise. However, sustainability now depends on a delicate balance between speculative momentum and the continued growth of the Ripple infrastructure.

As Bitcoin consolidates and institutional money slows, XRP could be the wildcard of the current crypto cycle—but only if it holds key technical and on-chain support. Whether the next move is a breakout or breakdown, XRP has already proven one thing: retail still matters in crypto.