XRP struggles near $1.25 as wallet growth faces weak US demand and ETF slowdown

XRP is facing a mixed outlook as the number of new wallets on its blockchain network rises sharply, but US-based demand signals—including ETF inflows and exchange price premiums—have weakened. The digital asset recently traded near $1.25, reflecting a significant drop over the past month, according to market data aggregators. On November 1, analytics platform Santiment counted 7,934 new wallets added to the XRP Ledger, marking the sixth-highest daily total so far in 2026. This occurred on a day when network activity is typically subdued.

Also reported by Crypto Front News.

Source: CoinTurk News