XRP Price Struggles Despite Surge in New Wallets
Summary
The XRP Ledger added 7,934 wallets on November 1, one of its highest daily totals of 2026, but XRP remained near $1.25 after falling nearly 16% in October. The increase may reflect existing users creating addresses rather than new investors. Other demand signals are weaker: the Coinbase Premium Index fell to about -0.16%, and October spot XRP ETF inflows dropped to $18.83 million from $121.40 million in September, though flows stayed positive. A move above $1.30 could improve the recovery outlook, while a fall below $1.20 would weaken it; these levels are analytical, not guarantees. Sustained wallet growth, improving US demand and stronger ETF flows would help confirm a recovery.
