Xaman Logs 538,103,677 Active XRP in Early 2026

TheCryptoBasic
XRP0,83%
FLR-0,68%
DEFI-4,47%

Leading XRPL-based wallet Xaman has offered fresh insight into robust activity on its platform, revealing that more than 538 million XRP have been active so far this year.

In a recent commentary, Xaman noted that users of its self-custodial wallet entered 2026 with strong momentum. Notably, the volume of active XRP on the platform surpassed 500 million within just the first 11 days of the year.

The Gateway to XRP Ledger

Interestingly, Xaman positioned itself as “the gateway to the XRP Ledger,” emphasizing its focus on self-custody. Unlike centralized platforms where users hold their assets through intermediaries, Xaman gives them full control over their private keys while still accessing the full functionality of the XRP Ledger ecosystem

Meanwhile, the surge in activity on Xaman during the early days of 2026 has coincided with XRP’s strong bullish performance. After opening the year at $1.84 on January 1, 2026, XRP rallied to $2.41 by January 5, marking a gain of nearly 31%

Typically, such rallies attract heightened trading activity. As a result, some investors sold to lock in profits, while others, anticipating further upside, moved XRP from centralized exchanges to their Xaman wallets or swapped other assets directly for XRP using the wallet’s swap functionality

Consequently, these combined actions pushed the number of active XRP on Xaman above 538 million within the first few days of 2026

Flare Network Says Xaman Users Can Do More With XRP

For context, Flare provides a framework that enables XRP holders to access yield-generating DeFi without transferring their assets to centralized platforms. Through this mechanism, users can lock XRP into a Flare Network vault and mint a wrapped version of the asset, known as FXRP. They can then deploy FXRP across various DeFi protocols on Flare to earn yield.

Moreover, in October, Flare integrated support for Xaman, streamlining the process of minting FXRP and deploying it into DeFi applications directly from the self-custodial wallet. At press time, users had locked approximately 86.43 million XRP in Flare vaults, resulting in the minting of about 87.41 million FXRP

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

XRP Faces Selling Pressure While Key Support Near $1.28 Holds

Key Insights: XRP continues forming lower highs and lows, while price remains below major moving averages, reinforcing a sustained bearish structure across timeframes. Open interest spikes during volatility signaled speculative trading, yet declining levels now reflect reduced risk

CryptoNewsLand3h ago

XRP Long Liquidations Jump as Crypto Market Loses $285M

Key insights XRP long traders lost $3.22 million in 24 hours, far exceeding short losses, as liquidation imbalance surged to 537% overall today. Although XRP rose 0.37% to $1.31, traders expecting a stronger rebound toward $1.50 instead faced rapid liquidations across exchanges

CryptoNewsLand5h ago

XRP Trading Volume Drops by 50% as the Altcoin Records Six Consecutive Red Monthly Closes

XRP trading volume drops by 50%, feeding bearish expectations. The altcoin records six consecutive red monthly closes. Could this be the longest coil for XRP before the biggest launch? The crypto community is disheartened to see the

CryptoNewsLand15h ago

XRP Long Liquidations Jump as Crypto Market Loses $285M

Key insights XRP long traders lost $3.22 million in 24 hours, far exceeding short losses, as liquidation imbalance surged to 537% overall today. Although XRP rose 0.37% to $1.31, traders expecting a stronger rebound toward $1.50 instead faced rapid liquidations across exchanges

CryptoNewsLand04-04 17:32
Comment
0/400
No comments