XRP Ledger Wallets Hit Record as Price Stays Under $1.40

The XRP Ledger reached a record 8.24 million nonempty wallets, while the token’s price remained near $1.31 and below a level identified by Santiment as the first test for a potential recovery. Santiment also reported 4,772 new wallets in one day, the fifth-largest daily increase since March. The figures count wallet addresses, not individual investors. One person or exchange may control multiple addresses, and creating a wallet does not establish that its owner bought XRP or actively uses the network. The rise therefore indicates more funded addresses on the ledger but does not, by itself, confirm stronger market demand or explain the token’s price movement. Santiment identified $1.40 as an initial level to watch. It said a sustained move above that price, alongside daily wallet creation remaining near or above 4,000, could make a return to $1.50 plausible. The firm has also said a drop below $1.30, particularly if new-wallet creation falls below roughly 3,000 a day, would weaken the adoption signal. Recent market activity has offered mixed indicators. Santiment reported that $1.84 million in XRP exchange-traded fund outflows during the previous week ended a 13-week run of...