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The number of new account activations on the XRP ledger has hit a 1 year high of 4,224 per day

According to information from XRPScan, the number of new accounts activated on the XRP ledger Blockchain has reached a one-year high of 4,224/day. It seems that the big reason came from the Flare Networks airdrop event – Spark token.

the-number-of-new-account-activations-on-the-xrp-ledger-has-hit-a-1-year-high-of-4224-per-day

Source: XRPScan

The number of new account activations on the XRP ledger has hit a 1 year high of 4,224 per day

XRP had an incredible week in the crypto market, rising from $ 0.266 to a 2020 peak of $ 0.498 on Nov. 21. This is an 87% increase in value that also led to increased value—increased activity on the XRP ledger.

Specifically, the number of unique addresses interacting with the XRP network has also hit a 6 month high of 24.408.

Earlier yesterday, the team at XRPScan pointed out an increase in the number of new account activations on the XRP ledger and when the number stood at 3,200. They explained that this increase was due to the hype surrounding the Flare Networks airdrop on December 12.

XRPScan stated:

“New account activations on the XRP Ledger touched 1-year highs at ~ 3,200 new accounts per day. As the hype around @FlareNetworks Spark distribution builds up, and folks rush to claim their FLR tokens.”

According to Santiment Feed, the increased activity on the XRP network is being shown quite clearly. They point out that unique addresses that interact with the network have reached levels last seen in May of this year.

Santiment Feed stated:

“XRP price skyrocketed + 27% today, and the amount of unique addresses transacting on the $ XRP network in a single day (24,408) was the highest output since May 1st.”

In short, the increased activity around the XRP ledger is proof of investor interest in the Flare Networks snapshot on December 12. This interest is the driving force behind the impressive performance of XRP in the week before investors accumulated remittances to take advantage of the final Spark Tokens airdrop.

You can see the XRP price here.

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