On-chain metrics for XRP are painting a troubling picture, showing that the number of unique active addresses on the XRP Ledger (XRPL) have fallen to their lowest level in 2026. Specifically, as of February 24, the number of XRP Ledger active addresses sits at 14,551, down from the 2026 peak of 32,684 seen on February 10, as per data retrieved by Finbold from on-chain market data analytics platform CryptoQuant. XRP Ledger active addresses. Source: CryptoQuant XRP Ledger activity drops XRP active addresses are widely viewed as a key measure of blockchain health, reflecting overall user engagement, meaning the 55% decline in activity signals weakening activity across the Ledger
source: https://finbold.com/xrp-active-addresses-crash-to-the-lowest-level-in-2026/