XRP Active Addresses Hit 2-Month High as Sentiment Turns Bearish

Key Takeaways

• XRP recorded 49,929 active addresses within a 24-hour period.
• XRP commentary reached its most bearish level in three months.
• Higher Ledger activity has not yet translated into stronger prices.

XRP Activity Rises as Sentiment Turns Sharply Negative

XRP Ledger activity jumped to a two-month high on Aug. 14 as analytics firm Santiment recorded 49,929 active addresses in one 24-hour period, even while XRP commentary reached a three-month bearish extreme. The increase came while XRP traded below $1, creating a sharp divergence between network participation and retail sentiment.

Santiment stated:

“XRP negativity surged throughout this week as prices have failed to rally (so far). Crowd commentary is now at a 3-month bearish extreme across X, Reddit, Telegram, and other crypto channels.”

The latest spike extends an increase already visible earlier in August, when daily active addresses averaged about 35,700 through Aug. 12, compared with roughly 26,400 during July. Active XRP addresses rose nearly 35% while new addresses averaged about 2,260 per day, almost unchanged from July’s 2,270, indicating greater use among existing addresses rather than clear evidence of rapid user growth.