7,934 New XRP Wallets in One Day: Network Activity Defies Sunday Slowdown

Improving XRP network activity, while extreme fear across crypto markets could create opportunities once panic settles. XRP network growth appears to have picked up pace even as its price hovers near $1.25. Santiment found that 7,934 new wallets were created on November 1st, which happens to be the sixth-highest daily total of 2026. That’s notable, especially since Sundays are usually quieter for crypto network activity. Potential Turning Point The surge follows a busy week for XRP and came just after the Binance hack, which may have pushed more users toward self-custody and fresh wallets. Santiment said that strong network growth suggests usage is improving while price remains under pressure. The immediate pivot is $1.25, and $1.30 is the first level that would confirm stronger momentum. If daily new-wallet growth stays above roughly 4,000 and XRP reclaims $1.30, the setup looks more constructive. On the other hand, a drop below $1.20 and growth under 3,000 would weaken that signal. CryptoPotato recently reported that XRP whale outflows on Binance also surged nearly three times the September 2022 reading. These outflows could ease near-term selling pressure. Contrarian Opportunity...