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November 7, 2025NewsBTC logoNewsBTC

XRP On Fire: Over 21,000 New Wallets Appear In 48 Hours

According to on-chain data, the XRP Ledger recorded a sharp influx of new addresses over a two-day span this ￰0￱ reported 21,595 new wallets created in 48 hours — the biggest jump in eight ￰1￱ move came as XRP dropped to $2.06 before rallying back to about $2.33, a roughly 13% gain from that ￰2￱ Reading: ‘Good News’ Finally Arrives For SHIB Army As Team Unveils New Update Surge In Wallets Draws Attention Based on reports, the spike in wallet creation has captured market attention because it breaks a recent pattern of heavy ￰3￱ showed long-term holders were offloading about 260 million XRP per day during last month’s sell-off. Now, fresh wallets are appearing while prices ￰4￱ combination suggests different groups of traders may be acting at the same time — some cutting losses, others buying the ￰5￱ figures point out that total wallets now stand at 7.226 million and are moving toward 7.5 million, according to an XRP Rich List resource. 📈 XRP’s price has bounced back, and users who bought the dip have enjoyed a nice +12% jump in the past 24 hours.

Notably, XRP Ledger data indicates there were 21,595 new $XRP wallets created in a 48-hour span in the past couple days, the highest level of growth in 8 ￰6￱ — Santiment (@santimentfeed) November 5, 2025 A similar but milder burst of network growth was followed by a climb to a yearly high of $3.66. That historical link is being watched. Still, new wallet creation is a signal rather than proof of sustained ￰7￱ of the incoming addresses can belong to exchanges, custodians, or automated ￰8￱ the makeup of new wallets matters as much as the ￰9￱ Timetable Could Add Fuel Reports have disclosed that an XRP spot ETF might get a US launch date of November ￰10￱ talk has a history of drawing institutional interest into crypto markets, and rumors alone can move ￰11￱ this case, analysts in the XRP community are tying the wallet growth to expectations surrounding the ￰12￱ community analyst, Egrag Crypto, has outlined bullish targets, calling one level “Macro Wick 1” at $10 and another, much higher, “Macro Wick 2” at $50.

Those are his technical scenarios, offered as possibilities rather than ￰13￱ Volatility Still Present The wider crypto market showed how fast things can swing between November 3 and 4, when the total market cap fell by nearly $350 billion and XRP slid about 13.16% to around $2.20. That pullback is fresh in traders’ minds. Short-term gains can be ￰14￱ example, a $10,000 buy placed two days ago would already have gained about $1,300 after the ￰15￱ big moves work both ways in turbulent ￰16￱ Reading: Bitcoin’s Grip Holds — But Signs Of Weakness Are Piling Up: Analyst For now, the picture is ￰17￱ wallets and a 13% bounce are encouraging signs of renewed ￰18￱ precedents and analyst forecasts add to bullish ￰19￱ wallet growth alone does not guarantee sustained price ￰20￱ should watch where the new wallets are concentrated, monitor daily sell volumes, and pay attention to confirmed news about an ￰21￱ image from Unsplash, chart from TradingView

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