XRP Records New XRPL Account Growth and TVL Highs Suggest Potential Market Share Gains
Main Idea
XRP's ecosystem experienced significant growth in July, marked by record new account activations, increased TVL, and rising market dominance, driven by the launch of the XRPL EVM Sidechain and heightened DeFi activity.
Key Points
1. Over 10,000 new XRP Ledger (XRPL) accounts were created on July 18, the highest daily figure since February 2025.
2. Daily active wallet addresses exceeded 50,500, doubling the previous month's figures.
3. Total Value Locked (TVL) on XRPL surged past $92 million, setting a new all-time high, driven by activity on the decentralized exchange (DEX).
4. The XRPL EVM Sidechain launch enabled Ethereum-compatible smart contracts, boosting DeFi innovation and liquidity.
5. XRP Dominance (XRP.D) index climbed above 5%, indicating growing market share and investor interest.
Description
Are You Chasing New Coins? Catch the newest crypto opportunities. Be the first to buy, be the first to win! Click here to discover new altcoins! XRP experienced a
Latest News
- MICROSTRATEGY INC – STRATEGY ANNOUNCES IPO OF 5 MLN SHARES OF STRC STOCK2025-07-21 20:22:53
- MICROSTRATEGY INC – PROCEEDS FROM IPO TO BE USED FOR GENERAL CORPORATE PURPOSES, INCLUDING BITCOIN ACQUISITION2025-07-21 20:22:36
- Dave Portnoy Reflects on Missed XRP Gains Following Unexpected Sale Amid Market Developments2025-07-21 19:28:16
- Ethereum Shows Potential for New Highs Amid Altcoin Rally as Bitcoin Momentum Slows2025-07-21 19:15:10
- Binance Altcoin Futures Volume Hits $100.7 Billion, Indicating Possible Market Shift2025-07-21 19:01:30