The XRP Ledger (XRPL) achieved a historic milestone in April 2026, adding 67,186 new addresses over the past 30 days, according to data from CryptoQuant. The total address count reached 8,265,794, an all-time high representing a 0.82% increase from April 5. This steady user growth underscores the network's expanding adoption driven by genuine utility rather than speculative hype.
On-Chain Activity Heats Up
Alongside address growth, XRPL on-chain activity saw remarkable acceleration. Transfer volumes surged 5-fold, while the value of tokenized U.S. Treasuries on the network expanded 8-fold. These figures signal XRPL's transformation from a pure payment protocol into a multi-asset ecosystem focused on real-world applications.
RLUSD Stablecoin Accelerates Maturity
The integration of Ripple's stablecoin RLUSD has been a key catalyst, enhancing liquidity and transaction efficiency across XRPL. At press time, RLUSD traded at -0.01%, while XRP gained +0.92%. Australia has tested tokenized bonds on XRPL using RLUSD, and Ripple recently minted $200M RLUSD on XRPL while burning $100M on Ethereum to optimize supply.
Real Adoption Drives Growth
Unlike blockchains driven by narrative speculation, XRPL's growth stems from tangible use cases such as real-world asset tokenization and retail payments. Frii World integrated XRP and RLUSD for QR code payments, and Ripple collaborated with Brazilian institutions to boost on-chain liquidity. Analysts believe the sustained address inflow and exponential on-chain activity mark XRPL's transition to a utility-focused mature stage.