XRP Wallets Hit 2026 High As US ETF Inflows Shrink
Photo: The Currency Analytics
The XRP Ledger added 7,934 new wallets on November 1, marking the sixth-highest daily total of 2026, according to Santiment. This surge in network activity occurred while XRP traded at $1.25, down 16% over the past month, and US demand metrics showed signs of cooling. The increase in new wallets came on a Sunday, a day typically characterized by lower network activity. Santiment suggested that the recent hack on Binance may have encouraged users to establish self-custodied wallets. The firm noted that strong growth near the $1.25 price level points to improving usage despite ongoing price pressure.
Source: The Currency Analytics
