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XRP Price Struggles Despite Surge in New Wallets

Bitcoinist
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XRP Price Struggles Despite Surge in New Wallets

XRP price remains under pressure despite a significant increase in wallet creation across the XRP Ledger, raising questions about whether growing network activity can support a meaningful market recovery. According to blockchain analytics firm Santiment, the network recorded 7,934 new wallets on November 1, marking its sixth-highest daily total of 2026. However, XRP continues trading […]

Key Takeaways

  1. XRP price remains under pressure despite a significant increase in wallet creation across the XRP Ledger, raising questions about whether growing network activity can support a meaningful market recovery.
  2. According to blockchain analytics firm Santiment, the network recorded 7,934 new wallets on November 1, marking its sixth-highest daily total of 2026.
  3. However, XRP continues trading […]
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Summary generated by IndiCrypto from Bitcoinist. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.