{"id":166433,"date":"2026-05-16T09:00:03","date_gmt":"2026-05-16T09:00:03","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=166433"},"modified":"2026-05-16T09:00:03","modified_gmt":"2026-05-16T09:00:03","slug":"xrp-records-biggest-spike-in-network-usage-in-2-months","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=166433","title":{"rendered":"XRP Records Biggest Spike In Network Usage In 2 Months"},"content":{"rendered":"

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\u2019s latest price recovery.<\/p>\n

Wallets Running Toward 8 Million<\/h2>\n

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

That figure was pushed higher by a surge in new wallet creation \u2014 3,317 fresh wallets were added in a single day, the strongest reading since March 19.<\/p>\n

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.<\/p>\n

Active addresses on the network also jumped. According to Santiment, 48,453 unique addresses were active within a 24-hour window \u2014 the highest count since March 30.<\/p>\n

XRP\u2019s 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.<\/p>\n

The $XRP<\/a> 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:<\/p>\n

Active Addresses (48,453: Highest Since March 30)
\n Network\u2026 pic.twitter.com\/iInHHdei5P<\/a><\/p>\n

\u2014 Santiment Intelligence (@SantimentData) May 15, 2026<\/a><\/p>\n\n

Santiment attributed much of the activity surge<\/a> 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.<\/p>\n

Errors Spike Alongside Activity<\/h2>\n

Separate data from XRPScan<\/a> added another layer to the picture. The number of active users tracked through source tags and destination tags moved above 184,000 on May 15, the second-highest reading since early April.<\/p>\n

At the same time, failed transaction errors rose sharply. Attempts returning a \u201ctecNO_PERMISSION\u201d result \u2014 which occurs when a sender lacks authorization for an operation \u2014 reached 1,332 on May 19, the highest since March 31.<\/p>\n

Transactions failing due to \u201ctecINSUFFICIENT_FUNDS,\u201d meaning the sender did not hold enough of the required asset, climbed to 656 on the same date, a peak not seen since April 19.<\/p>\n

Price Recovery Drives The Numbers<\/p>\n

XRP joined a broader market rebound this week, briefly touching $1.54 before resistance slowed the move. That short-term rally was enough to pull several network metrics to their best levels in weeks.<\/p>\n

According to Santiment, the daily active address count and new wallet figures had shown no consistent direction for most of the month.<\/p>\n

The jump recorded this week broke from that pattern. Whether the uptick in usage holds beyond the immediate price action remains to be seen, but for now, the XRP Ledger posted its most active stretch since late March.<\/p>\n

Featured image from Pexels, chart from TradingView<\/em><\/p>","protected":false},"excerpt":{"rendered":"

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\u2019s 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 […]<\/p>\n","protected":false},"author":0,"featured_media":166434,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-166433","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/166433"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=166433"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/166433\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/166434"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=166433"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=166433"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=166433"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}