XRP Ledger Adds 4,300 New Wallets as Price Stays Near $1.37
The XRP Ledger experienced a significant surge in network activity, adding approximately 4,300 new wallets within a 24-hour period. This marks the fourth-largest single-day growth spike for the network so far in 2026, according to data from the analytics firm Santiment. The increase coincided with a rise in daily active addresses, which climbed to around 43,520.
Despite this notable on-chain activity, the price of XRP showed little immediate reaction, trading near $1.37 and facing significant overhead resistance. The token's price remains substantially lower than its July 2025 high of approximately $3.65.
The wallet growth occurred alongside elevated activity in derivatives markets. Open interest for XRP futures on the Binance exchange climbed to around $488 million this month, one of the highest levels since March. Analysts note that rising open interest typically signals traders are adding leveraged positions, though it does not indicate the direction of the next price move. Separate exchange flow data indicated that withdrawals of XRP from Binance accounted for a higher share of transactions than deposits, a pattern some observers interpret as a potential reduction in...