The XRP Ledger experienced its highest network activity in two months as XRP's price surged above $1.54. On-chain data revealed a significant increase in user participation, with active addresses reaching 48,453 within 24 hours, the highest since March 30. The network also saw a surge in new wallet creation, with 3,317 wallets added in a single day, pushing total activated accounts to 7,856,080. Despite the positive momentum, failed transactions also spiked. "tecNO_PERMISSION" errors hit 1,332, and "tecINSUFFICIENT_FUNDS" errors reached 656, marking the highest levels since late March and mid-April, respectively. The price recovery, part of a broader market rebound, drove these metrics to their best levels in weeks, although it remains uncertain if the increased activity will persist.
XRP Ledger Activity Peaks Amid Price Surge to $1.54
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