XRP Ledger records fastest growth in 8 months, adds 21K new wallets in 48 hours

Santiment shared a chart on X on Thursday, showing a rapid acceleration in new wallet creation on the XRP Ledger in what it found was the largest two-day expansion since July, which peaked at about 19,700 ￰0￱ to Santiment Feed’s analysis, the XRP Ledger has witnessed its strongest 48-hour user wallet growth in eight months, with 21,595 new wallets created in the last two days. XRP’s market price climbed 10% over a 24-hour span as investors rushed to buy the dip following a brief correction, according to Coingecko data. 📈 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 ￰1￱ — Santiment (@santimentfeed) November 5, 2025 Santiment charts show that between October 6 and November 6, the XRP Ledger recorded between 1.3 million and 1.9 million daily ￰2￱ activity peaked around November 3, when nearly 1.9 million transactions were processed in a single ￰3￱ momentum eased slightly to 1.7 million on Wednesday, when XRP fell to a week’s low of $ 2.09 on ￰4￱ coin’s market value slid from Monday’s $2.50 to $2.20 on Tuesday, before further pressure took it down to levels below $2.10.

By the time US trading opened on Wednesday, the token had found its way back to $2.30. XRP whales let go of holdings during market turmoil Several market analytical platforms have reported that retail participation has helped XRP grow to $2.3, but large-scale holders have been dragging the third-largest coin by market cap ￰5￱ in the opposite direction in the last seven ￰6￱ analyst Ali Martinez said on Tuesday that whale addresses holding between 100 million and 1 billion XRP coins had cut down their positions by approximately 900,000 tokens in a five-day span. CryptoQuant’s Whale to Exchange Flow (Total) for Binance chart , a measure of large transfers to exchanges, showed a sustained uptick beginning in late ￰7￱ ArabChain believes this is a bearish indicator because whales are seemingly offloading their positions into ￰8￱ whale to exchange flow peaked near XRP’s all-time highs in early November, with the 100-day simple moving average also reaching record territory, buoyed by a selling spree from early investors and institutions purportedly trying to take ￰9￱ the positive price correction, XRP Ledger’s built-in decentralized exchange (DEX) processed 954,000 transactions in the 24 hours ending Tuesday, the highest ever recorded on the ￰10￱ short-term analysis: More downward price blows ahead However, despite the increase in network engagement , XRP’s price action is not quite moving in line with the strength of its ￰11￱ token’s recent attempts to breach resistance levels have repeatedly failed, which could mean its upward momentum is more muted in the short ￰12￱ is facing strong resistance between $2.65 and $2.75, after failing to breach the cap in several trading ￰13￱ XRPL token’s current price action shows the asset consolidating just below the $2.32 level after bouncing off the support around $2.15.

Market watchers are keeping a closer look at the $2.35 resistance level, with bulls hoping that a decisive close above this threshold before Friday’s close triggers a short-term squeeze toward $2.50. If XRP crumbles and fails to maintain its 10% upward price charge, the token risks another retracement to the $2.15 or even $2.00 ￰14￱ other related news, the token’s parent company, Ripple, secured $500 million through a funding round that took its valuation to $40 billion, more than triple its previous $11.3 billion in ￰15￱ reported on Wednesday that Fortress Investment Group and Citadel Securities led the round, alongside Pantera Capital, Galaxy Digital, Brevan Howard, and Marshall ￰16￱ you're reading this, you’re already ￰17￱ there with our newsletter .