XRP Ledger Reaches New Record! Adoption Growing?

The XRP Ledger has just achieved a major milestone, surpassing 7.24 million active wallets in July 2025. This marks a new all-time high for the network, signaling a powerful wave of user adoption, fueled in part by the rapid expansion of decentralized finance (DeFi) features on the platform.

With protocol-level Automated Market Makers (AMMs) and an EVM-compatible sidechain now live, the XRP Ledger is transforming from a pure payments network into a full-fledged DeFi ecosystem. 

This evolution is reshaping how users and developers interact with XRP and its broader utility.

XRP Ledger Hits 7.24 Million Wallets: What’s Driving the Growth?

The spike in wallet activity points to an explosion of user interest and developer deployment on the XRP Ledger. 

Here’s what’s powering this adoption:

• Protocol-integrated AMMs: These make it easier for users to provide liquidity, trade directly on-chain, and earn fees—all without relying on centralized exchanges.
• EVM Sidechain: Allows Ethereum-compatible smart contracts to run on XRP infrastructure, enabling cross-chain DeFi capabilities like staking, swapping, and pooling.
• Improved DeFi toolkit: The new integrations are attracting developers and users looking for lower-cost alternatives to Ethereum’s gas-heavy environment.

These features have made the XRP Ledger more attractive to both institutional players and retail investors exploring the DeFi space.

XRP Price Surge: Correlation with On-Chain Expansion

As adoption surges, the XRP token has followed suit. The price of XRP recently peaked at $3.65, representing a 40% gain in just one week, setting a new all-time high.

Although the price has since corrected to around $3.10, several key indicators suggest continued momentum:

• Market Cap Holding Strong: Over $200 billion, reflecting confidence from investors and long-term holders.
• Sustained On-Chain Growth: The wallet increase isn’t a one-off. It aligns with ongoing protocol improvements and DeFi adoption.
• Exchange Volume Rising: Liquidity across major exchanges remains high, supporting consistent trading activity.

These data points indicate that the current growth is not purely speculative—it’s backed by tangible infrastructure upgrades and usage.

Read Also: Ripple Co-founder Moves $140M in XRP after All-Time High, How?

XRP Ledger’s Role in the Broader Crypto Market

The crypto market is entering a phase where interoperability and DeFi access are paramount. XRP Ledger is positioning itself to capitalize on this shift by:

• Enabling cross-chain DeFi workflows with Ethereum and other networks
• Offering fast, low-cost transactions—ideal for on-chain financial services
• Becoming a platform for stablecoins and tokenized assets via trustlines

This pivot makes the XRP Ledger more than just a remittance solution; it’s now a base layer for decentralized finance.

Final Thought

The XRP Ledger’s record-breaking growth to over 7.24 million wallets is a strong signal of mainstream traction and developer confidence. 

Combined with rising DeFi capabilities and a resilient XRP token price, this adoption milestone shows that XRP is evolving well beyond its original use case.

If this trend continues, the XRP ecosystem may become a serious competitor in the next wave of blockchain-based finance—especially as demand for scalable, interoperable DeFi platforms continues to rise.

Read Also: Hold 500 XRP? You Could Make 3015% If This Happens!

FAQ

What is causing XRP Ledger’s surge in wallet numbers?

The integration of Automated Market Makers and an EVM-compatible sidechain has driven interest in DeFi use cases, resulting in a surge in active wallets.

How high did the XRP price go in July 2025?

XRP reached an all-time high of $3.65 before correcting to around $3.10.

Is the XRP Ledger now a DeFi platform?

Yes, with protocol-level AMMs and smart contract compatibility via an EVM sidechain, the XRP Ledger now supports decentralized finance applications.

Why is the EVM sidechain important for XRP?

It enables Ethereum-like smart contracts on the XRP Ledger, supporting cross-chain swaps, liquidity pools, and broader interoperability.

Is XRP’s current price growth sustainable?

While short-term corrections are possible, the price is supported by strong on-chain activity, rising adoption, and infrastructure upgrades—suggesting longer-term growth potential.