Why Is XRP Price Stuck at $1.25 Despite Nearly 8,000 New Wallets?

Why is XRP price stuck at $1.25 despite nearly 8,000 new wallets?

XRP price holds near $1.25 as ETF outflows and bearish sentiment persist, while 7,934 new wallets and tightening Bollinger Bands draw attention.

XRP Defies Bear Market: New Wallets Double Despite Price Pressure

Instead of selling, XRP investors opened nearly 8,000 new wallets in 24 hours after the Binance hack.

XRP Wallet Growth vs. US ETF Outflows

The XRP Ledger added 7,934 new wallets on November 1, the sixth-highest daily total of 2026, even as spot XRP ETF inflows dropped to $18.83 million in October. Read the original on XRP Wallets Hit 2026 High While US ETF Inflows Shrink. For more crypto news and analysis, visit TheCurrencyAnalytics.com.

Santiment Ties Crypto Mood Deterioration to Binance-Related Attack

Bitcoin and XRP had more bearish than bullish comments, while Ether’s ratio remained above parity at 1.14:1.

XRP Adds Nearly 8,000 New Wallets in a Day Following $6 Billion Binance Hack

XRP recorded one of its strongest days for new wallet creation this year after the Binance hack, according to Santiment. The increase contrasted with subdued prices, as the analytics firm suggested a possible shift toward self-custody. XRP Wallet Growth Accelerates Despite Price Pressure Santiment reported on Nov. 2 that 7,934 new XRP wallets were created […]