In addition to the solid XRP prices rally in July, its ecosystem also set several notable records.
These records can report a turning point for XRP. They also strengthen fundamental growth engines of Altcoin. What are these factors? This article breaks them in detail.
The XRP ecosystem sets new records in July
The first most obvious sign of XRP growth is the number of new accounts activated on XRPL. According to XRPSCAN data, the number of new accounts exceeded 10,000 on July 18, marking the highest daily total since February.
Although this number did not break the daily record of all time – more than 30,000 in December 2024, it has continued to increase throughout July. This trend shows that XRP attracts new investors. Many of them can become long -term holders.
In addition, the number of daily active portfolio addresses exceeded 50,500. This represents a 100% increase compared to the previous month and the highest since February.
Another notable recording is the total locked value (TVL) on XRPL. He recently reached a summit of all time (ATH), exceeding $ 92 million. Most of this growth came from the decentralized exchange of XRPL (Dex).
This number remains modest compared to TVLS on other blockchains. However, he marked the first escape after almost a year of stagnation.
In addition, the official launch of Ripple XRPL EVM MAINNET in early July created new opportunities to lock the value in liquidity pools. This directly helped stimulate the TVL of the DEX.
XRP domination exceeds 5%
Finally, the XRP dominance index (XRP.D) exceeded 5%. It is now near its summit in 2025 and can increase even more.
This index reflects the priority of investors to priority over the total market capitalization of cryptography.
Some investors expect XRP.D to reach 15% in 2025. Others hope that this could increase to 30%, as it did in 2017. All these indicators indicate one thing: a new capital flows in XRP.
With a market capitalization of more than $ 211 billion, XRP is now classified n ° 78 worldwide by market capitalization, exceeding Shell, Blackstone and Siemens.
However, a recent beincrypto analysis warns that XRP’s term contracts have reached a top of all time. At the same time, signs of short -term profit have emerged. These could pose risks of short-term liquidation for overvable positions.
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