XRP active addresses surge over 650% as token eyes $2 with Gemini Singapore catalyst

XRP is building momentum toward the $2 level as activity on the XRP Ledger climbs sharply and Gemini expands native transfer access for Singapore users. Crypto chart analyst Ali Martinez reported that active XRP addresses rose 654.71% from 47,180 to 356,070, a spike that often points to stronger network participation and can accompany higher price volatility. Pseudonymous trader Altcoin Sherpa described the broader consolidation as healthy and said the next leg higher targets $2. Gemini co-founder Tyler Winklevoss announced Aug. 25 that Singapore customers can deposit and withdraw XRP directly on the XRP Ledger, providing native blockchain access without wrapped versions or third-party bridges in a Singapore-only service update rather than a global launch. Outbound transfers remain subject to Singapore Travel Rule rules, deposit attestations and network guidelines, including destination-tag accuracy. The exchange earlier added XRP as derivatives cross-collateral alongside Bitcoin, Ethereum, Tether and Gemini Dollar, launched an XRP edition of the Gemini Credit Card with Ripple, and enabled XRPL deposits and withdrawals for RLUSD. The network and product catalysts sit alongside recent spot XRP ETF inflows, rising futures open interest and Ripple’s wider institutional work in Singapore.

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