XRP Records Biggest Spike In Network Usage In 2 Months

TL;DR

XRP Ledger saw a significant spike in network usage, with failed transactions rising sharply and total activated accounts nearing 8 million. New wallet creation surged to 3,317 in a single day, the highest since March.

Key points

XRP Ledger experienced a surge in network usage.
Failed transactions increased sharply this week.
Total activated accounts approached 8 million.
3,317 new wallets were created in one day.
New wallet activity had been low prior to this spike.

Failed transactions on the XRP Ledger climbed sharply this week alongside a burst of new user activity, as on-chain data pointed to a wave of participation that accompanied the token’s latest price recovery.

Wallets Running Toward 8 Million

Total activated accounts on the XRP Ledger reached 7,856,080, putting the network within striking distance of a milestone that has been building for months.

That figure was pushed higher by a surge in new wallet creation — 3,317 fresh wallets were added in a single day, the strongest reading since March 19.

New wallet activity had been relatively quiet for much of May, dipping to around 2,200 on May 10 before climbing back up in the days that followed.

Active addresses on the network also jumped. According to Santiment, 48,453 unique addresses were active within a 24-hour window — the highest count since March 30.

XRP’s price had climbed above $1.54 during that period, a level it had not reached in roughly two months, before pulling back below $1.50.

📈 The $XRP price surge above $1.54 for the first time in 2 months was enough to help the network erupt to its highest level of on-chain activity since March. The XRP Ledger just had its highest 24-hour period of:

🏃 Active Addresses (48,453: Highest Since March 30)
👶 Network… pic.twitter.com/iInHHdei5P

— Santiment Intelligence (@SantimentData) May 15, 2026

Santiment attributed much of the activity surge to investor response to the price move. Data shows that wider participation across a blockchain network is generally seen as a positive indicator for medium- and long-term valuation, even when the initial trigger is price-driven excitement.