The XRP Ledger experienced a significant 60% increase in daily activations, with over 5,000 new accounts added on October 21, marking the highest growth in weeks. This surge in new users comes amid a backdrop of declining transaction volume and payment activity since early October, raising concerns about the sustainability of this growth trend. While analysts speculate that the increase in new users could indicate accumulation or an upcoming network event, XRP's price remains under pressure, staying below $2.70 due to ongoing bearish momentum. The mixed on-chain activity highlights the uncertain outlook for XRP despite the influx of new participants.