July is becoming a significant milestone for XRP, as a series of positive signals emerge from the network to the locked value (TVL), attracting the attention of both short-term and long-term investors. This strong recovery raises a big question: Is XRP preparing for the next explosion?

XRP Network Growth Reaches New Milestone

One of the strongest indicators of XRP's increasing appeal is the number of new accounts on the XRP Ledger (XRPL). According to data from XRPScan, on July 18 alone, over 10,000 new accounts were created—the highest since February 2025.

Although this number is still quite far from the record of 30,000 accounts set in December 2024, the steady growth trend indicates that a wave of new investors continues to pour into the network.

Not only that, the number of active wallet addresses also witnessed a surge, exceeding 50,500 wallets, an increase of over 100% compared to last month. This is a clear sign that XRP is not only attracting attention but also driving actual usage—something many other altcoins are still struggling to achieve.

Whale Transactions Shock the XRP Community

The next notable event is a massive XRP transfer worth over 738 million USD recorded on the blockchain. According to data from Whale Alert, over 210 million XRP was transferred in a single transaction.

The identity of the initial sender is unclear, causing the XRP community to buzz and speculate. Some speculate this could be a move preparing for major liquidity strategies or related to Ripple Labs' activities.

XRP TVL Sets New Record Thanks to Energy from DeFi

One of the biggest advancements in the past month is the explosion of TVL (Total Value Locked) in the XRP ecosystem. This figure has now exceeded 92 million USD, marking an all-time high.

This strong growth largely stems from the active trading on XRP's decentralized exchange (DEX), along with the launch of the XRPL EVM Sidechain Mainnet at the beginning of July. This upgrade allows users to easily put XRP into liquidity pools and participate in DeFi protocols—a strategic direction to expand the ecosystem.

XRP Strongly Increases Dominance Index

XRP's dominance index (XRP.D) has also just surpassed the 5.4% threshold, the highest level in 2025 so far. Some analysts believe that if this upward trend continues, XRP could reach 15% or even replicate the peak of 30% seen in 2017.

Currently, XRP's market capitalization has surpassed 211 billion USD, placing it above major corporations like Shell, Siemens, or Blackstone—a significant achievement in the context of a fiercely competitive market.

XRP Price and Short-Term Outlook

As of now, the price of XRP is trading around 3.54 USD, slightly up 1% in the last 24 hours. The stable upward momentum along with a solid development foundation is creating excitement in the investor community.

Conclusion: Is XRP Ready for a New Breakout?

With a strong increase in the number of users, money flowing into TVL, and significant technological upgrades, XRP is demonstrating a very different position compared to previous phases. Although the market always has risk and volatility factors, what is happening suggests that XRP may be on the verge of an important breakout in the near future.