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XRP Defies Bear Market: New Wallets Double Despite Price Pressure

XRP Defies Bear Market: New Wallets Double Despite Price Pressure

Photo: U.Today

The XRP Ledger network recorded the largest capital migration in recent months. According to the Santiment platform, on Sunday, November 1, users created 7,934 new wallets. This is the sixth-largest daily result in all of 2026, which, moreover, occurred on a weekend — traditionally the most passive period for blockchain networks. The influx of new addresses more than doubled the autumn average of 3,500 wallets. The surge in activity was a direct reaction to the hack of the Binance exchange on October 29.

Source: U.Today

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