Number of XRP addresses created in 2026 crashes over 65%

The number of new XRP addresses created in early 2026 has dropped sharply, signaling a slowdown in network growth and user activity.

Data shows that daily address creation fell from 3,169 on January 1 to just 1,100 by January 12, representing a decline of 65.28% in less than two weeks, according to insights from XRP Scan.

Notably, the decrease in XRP accounts appears to be a continuation of the decline seen in 2025. 

In this context, the Finbold 2025 Cryptocurrency Market Report shows that the token recorded a net decrease of 19,588 addresses in 2025. Overall, XRP ended the year with 7,913,554 addresses.

Implication of XRP decreasing addresses 

This contraction signals slowing onboarding on the XRP Ledger, a key indicator of organic demand and retail participation. 

Fewer new addresses point to weaker transaction activity, reduced speculative interest, and limited inflows of fresh capital. The decline follows a brief early-January uptick that peaked around January 5–6 before reversing. 

Notably, network growth is closely tracked by traders because rising address creation typically supports prices by expanding the user base and transaction demand. 

A sharp drop, by contrast, often leads to softer price action as buying pressure fades and liquidity tightens, increasing the risk of near-term consolidation or downside unless activity recovers.

The trend also mirrors broader market caution, with investors turning more selective at the start of 2026. Absent a rebound in on-chain growth, XRP’s price is likely to remain driven by wider market conditions rather than strong internal network momentum. Indeed, this comes as the token has largely struggled to maintain the $2 support zone. 

XRP price analysis 

By press time, XRP was trading at $2.06, down more than 2% over the past 24 hours, while the weekly chart shows a decline of over 4%.

Notably, at the current price, XRP is sitting almost exactly on its 50-day simple moving average (SMA) near $2.03, suggesting short-term price equilibrium and a lack of clear directional momentum. However, the token remains well below the 200-day SMA at $2.56, indicating the broader trend remains bearish, with longer-term resistance overhead.

Meanwhile, the 14-day relative strength index (RSI) at 52.7 remains firmly neutral, signaling neither overbought nor oversold conditions.

Featured image via Shutterstock