The number of active addresses on the XRP blockchain has recently reached historical levels, according to on-chain data from Santiment. The "active addresses" metric tracks the number of unique addresses participating in transaction activity on the network, indicating the degree of traffic the network is experiencing. High values suggest a large number of addresses are involved in transfers, indicating market activity, while low values suggest low interest in the cryptocurrency. The recent surge in active addresses may be a bullish sign for XRP, as a similar spike in March preceded a 45% rally in the coin's price.