Despite broader market optimism and a surge in new XRP addresses, user engagement on the XRP Ledger appears to be slipping. According to data in the Finbold H1 2025 Cryptocurrency Market Report, between January 1 and June 30, 2025, the number of total XRP addresses rose from 6,282,144 to 7,116,378, an increase of over 834,000. This growth was split across both quarters: Q1 accounted for 528,997 new addresses, while Q2 added another 305,237. Yet active address counts moved in the opposite direction, dropping from 39,515 to 26,807 by the end of the first half
source: https://finbold.com/xrp-adds-over-800000-new-addresses-in-h1-2025/