XRP adds over 800,000 new addresses in H1 2025
2025-07-09 12:36:46
Main Idea
Despite an increase in new XRP addresses in H1 2025, active XRP addresses declined significantly, pointing to reduced engagement despite regulatory improvements.
Key Points
1. The total number of XRP addresses increased from 6,282,144 to 7,116,378 in H1 2025, adding over 834,000 new addresses.
2. Q1 accounted for 528,997 new addresses, while Q2 added 305,237, but active addresses declined by 12,708 in Q2 and 16,772 in Q1.
3. The combined decline in active addresses was 42.2% in H1 2025, despite regulatory tailwinds such as SEC Chair Gary Gensler stepping down and Ripple resolving major legal issues.
Description
Despite broader market optimism and a surge in new XRP addresses, user engagement on the XRP Ledger appears to be slipping. According to data in the Finbold H1 2025 Cryptocurrency Market Report , between January 1 and June 30, 2025, the number of total XRP addresses rose from 6,282,144 to 7,116,378, an increase of over 834,000. This growth was split across both quarters: Q1 accounted for 528,997 new addresses , while Q2 added another 305,237. Yet active address counts moved in the opposite direc...
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