XRP Ledger Wallets Hit All-Time High as Santiment Highlights Two Key Price Levels
Key Takeaways
- •The number of XRP Ledger wallets holding a positive balance has climbed to an all-time high of 8.24 million, according to Santiment data.
- •XRP registered 4,772 new wallets in a single day while trading around $1.36, the fifth-largest daily increase since March.
- •Santiment cautioned that adoption growth alone cannot justify bullish expectations unless price movements confirm the network's expansion trend.
- •A sustained move above $1.40 combined with roughly 4,000 or more new daily wallets could enable a rapid return to $1.50.
- •A loss of the $1.30 support level alongside fewer than about 3,000 daily new wallets would indicate short-term weakening of the network's positive adoption signals.
XRP Ledger Wallets Hit All-Time High as Santiment Highlights Two Key Price Levels
Amid ongoing volatility in the cryptocurrency market, fresh on-chain data from the XRP Ledger has captured the attention of investors. On-chain analytics platform Santiment reported that the number of wallets on the XRP network has reached an all-time high, accompanied by a significant increase in new user participation. Wallet counts are among the metrics analysts commonly track to gauge adoption of a blockchain network, since they reflect activity recorded directly on the ledger rather than price action alone.
According to data shared by Santiment, the number of wallets holding a balance greater than zero on the XRP Ledger network has climbed to a new all-time high of 8.24 million. The platform noted that this steady rise in wallet numbers has persisted despite the fluctuations in XRP's price over recent months. Because the figure only counts addresses carrying a positive balance, it excludes empty wallets, and multiple addresses can belong to the same holder — a standard caveat when interpreting address-based on-chain metrics.
The acceleration in network growth took place while XRP was trading at approximately $1.36. According to Santiment's figures, 4,772 new wallets were created in a single day, a tally that marks the fifth-largest daily increase recorded since March. Against that backdrop, Santiment outlined two scenarios for the token's short-term price trajectory.
Renewed Interest in the XRP Ecosystem
Analysts believe the acceleration in new wallet creation could signal a renewed surge of interest in the XRP ecosystem. Santiment, however, stated that for growth on the network to support bullish expectations, price movements must also confirm the trend — framing adoption data and price as two signals to be read together rather than in isolation.
XRP at $1.40: Two Scenarios in Focus
Santiment stated that the first important level to watch for XRP in the short term is $1.40. According to the platform, a rapid return to the $1.50 level could become possible if XRP maintains a sustained move above $1.40 and the number of new daily wallets remains around or above 4,000.
In a negative scenario, if XRP loses the $1.30 support level and daily new wallet creation falls below approximately 3,000, it could indicate that the positive signals from increased adoption on the network are weakening in the short term. Taken together, the two price levels and the corresponding wallet-creation thresholds give observers a concrete set of markers to track in Santiment's upcoming readings.
This is not investment advice.
