Update
XRP Wallet Creation Surges Despite Price Pressure
XRP price remains under pressure despite a significant increase in wallet creation across the XRP Ledger, marking its sixth-highest daily total of 2026. According to blockchain analytics firm Santiment, the network recorded 7,934 new wallets on November 1, highlighting growing network activity. However, demand indicators from US cryptocurrency exchanges and investment funds suggest investors remain cautious, indicating that increased wallet creation does not always translate into stronger cryptocurrency prices.