thecryptobasic.com
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.
According to a post on X, a total of 538,103,677.93 (538.10 million) XRP have been active on Xaman Wallet from January 1, 2026, through the time of the update. This figure underscores the significant amount of XRP that users are actively transferring and interacting with via the Xaman platform.
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
Notably, Flare Networks’ official X account responded to Xaman’s post. Flare positioned itself as a ready infrastructure layer for Xaman users looking to do more with their XRP by tapping into decentralized finance (DeFi) opportunities.
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.