XRP Ledger ATH Hits 7.7M Wallets for First Time in 13 Years, Price Up 14%

The XRP Ledger just crossed a level it had not reached in over a decade. On March 16, the number of non-empty wallets moved past 7.7 million for the first time. This marked a clear ATH for XRP Ledger. Along with this, activity in the XRP market was also seen picking up. This rise comes alongside notable regulatory clarity around the cryptocurrency.

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XRP Hits 46,767 Active Addresses on March 16 as Price Surges Past $1.60

Network data shows a notable jump in usage. According to Santiment, active addresses reached 46,767 on March 16, the highest since February 12. This uptick in the XRP network activity came with a 14% increase in price over two days. During this period, the altcoin was seen inching towards $1.60.

The increase in wallets is just as relevant. XRP holder growth has been steady, but crossing 7.7 million suggests participation is still rising and not dying down. This matters more than short-term price moves, particularly in a market where spikes can fade quickly.

Periods of higher activity tend to line up with price pushes. This is followed by short consolidations. This is not unusual, but it does point to engagement driving at least part of the move.

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Some of the recent momentum is mostly linked to regulatory clarity in the US. XRP has now been classified as a digital commodity in the updated guidance presented by the Securities and Exchange Commission (SEC). This matters because the market has spent several years debating the status of XRP and how it is viewed.

Amidst this, Evernorth’s latest SEC filing stands out. The firm reported that, along with Pathfinder Digital Assets, it held 473.1 million XRP as of December 31, 2025. This was accumulated through open-market buying and contributions from Ripple.

Despite recording a notable rise earlier this week, XRP recorded a correction. The asset, at press time, was trading at $1.43 following a 1.93% drop over the past 24 hours. The daily trading volume of XRP dipped by 12%.

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