XRP Breaks Above $1.54 as XRPL Activity Hits 2-Month High on $2B Electricity Tokenization

XRP-0.49%

According to Santiment Intelligence, XRP broke above $1.54 for the first time in two months, coinciding with a notable surge in XRP Ledger activity. XRPL saw 48,453 active addresses, the highest since March 30, while new address creation reached 3,317, its strongest level since March 19.

The network activity surge aligns with over $2 billion in tokenized electricity already issued on XRPL through initiatives such as Justoken. Tokenization on the ledger drives structural demand for XRP, as each transaction requires XRP for fees, new accounts maintain reserve balances, and token trading locks up additional XRP through trust lines.

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