The XRP Ledger has reached an all-time high of 8.24 million funded wallets, according to October 22 data from on-chain analytics platform Santiment (X post). The same reading showed 4,772 newly created wallets in a single day, the network's fifth-largest daily growth spike since March 2026. In a separate development announced the same day, Ripple and cross-border payments firm Arf said they will supply settlement liquidity in RLUSD, Ripple's stablecoin, to licensed payment companies on the ledger, using the XRP Ledger first with native lending functions planned for a later phase.

Record Wallet Growth Amid Price Swings

Santiment's October 22 data showed that the XRP Ledger held 8.24 million non-empty wallets, setting a network record. The total continued to rise through several months of XRP price fluctuations, and the token's price moved in both directions over the preceding months without interrupting the broader increase in non-empty addresses.

The metric counts funded addresses rather than investors, meaning a single person or institution can operate multiple wallets.

The analytics platform also recorded 4,772 newly created wallets in one day, which it ranked as the fifth-highest daily network growth figure since March. Daily wallet creation varied over the period and produced several isolated peaks, while the overall wallet count followed a more consistent upward path.

Santiment Flags Key XRP Price Levels

Santiment identified $1.40 as an initial price level to watch for XRP. According to the firm, a move toward $1.50 is possible if the token remains above $1.40 and daily wallet creation stays near 4,000. It also identified $1.30 and a decline below roughly 3,000 new daily wallets as conditions that could weaken that outlook. The firm's scenarios tie XRP's near-term range to sustained on-chain adoption, making the pace of new wallet creation a metric to track alongside the price levels themselves.

The figures measure account activity rather than price performance. Santiment's network growth metric captures new addresses, while its holder metric tracks addresses that already contain XRP. Neither measure establishes how many unique individuals have joined the network.

Ripple and Arf Outline RLUSD Settlement Service

In an October 22 announcement, Arf — a provider of settlement liquidity for licensed cross-border payment businesses — said it had partnered with Ripple to supply settlement liquidity through RLUSD. The company aims to serve licensed payment businesses that need working capital while they complete international transfers, and it plans to provide the initial liquidity directly on the XRP Ledger. RLUSD belongs to the stablecoin category — digital tokens designed to hold a steady value — a property that suits it for moving settlement funds between businesses without exposure to the price swings of volatile crypto assets.

Payment companies often fund transactions before receiving the corresponding settlement proceeds, creating recurring short-term funding needs. Arf's service is designed to fill that gap by providing short-term capital that customers can repay after their transactions settle. According to the company, repayment generally occurs within one to five days, allowing Arf to redeploy the same capital across successive payment flows.

Arf reported approximately $10 billion in annual settlement volume across its business. The announcement did not identify a launch date or specify an RLUSD liquidity amount for the partnership, making those two details the markers to watch as the arrangement moves from announcement to operation.

Arf also intends to move more settlement activity onto the XRP Ledger's proposed native lending infrastructure once the network activates those features. The planned system includes Single Asset Vaults for pooling capital and a lending protocol for extending structured loans. Under the proposed arrangement, Arf would manage capital deployment through on-chain functions while retaining underwriting and working-capital decisions off-chain.

This article is for informational purposes only and does not constitute financial advice. Cryptocurrencies carry substantial volatility and losses. Readers should conduct independent research before making investment decisions.

Source: The Market Periodical — XRP Wallets Hit Record 8.24M as Ripple and Arf Bring RLUSD Settlement to XRPL