XRP Logs 7,934 New Addresses as Binance Reopens Withdrawals

Santiment reported that the XRP Ledger recorded 7,934 new addresses on November 1, the sixth-highest daily total of 2026, as Binance began reopening XRP withdrawals after a security incident. The count marked a sharp increase in network activity, but does not show whether new investors entered the market or existing holders moved coins to new wallets. Binance’s phased withdrawal plan listed XRP among the assets in its first reopening window on November 1. Withdrawals had been paused after a late-October attack. The timing offers one possible explanation for the address increase: customers able to access their XRP again may have transferred it to personal wallets, creating new ledger addresses without buying additional coins. Santiment said the increase followed a busy week and suggested the attack may have encouraged users to choose self-custody. On the XRP Ledger, a new address can reflect a new participant, but it can also be created when an existing holder changes where funds are stored. Address counts alone cannot distinguish between those possibilities or establish how many people joined the network. The attack also involved XRP directly. Transaction tracing cited in...