New XRP wallets surge as price clings to $1

The XRP Ledger added 4,941 new wallets in a single day on June 30, its strongest network growth spike in over three months, even as $XRP struggles to hold the psychologically important $1 mark.

According to on-chain analytics firm @SantimentData, the inflection point came on June 25, when XRP fell to 19-month lows near $1.01. Rather than triggering a sell-off, the drop appears to have drawn in fresh buyers. The XRP Ledger added 4,941 new wallets in a single day, its strongest network growth spike in over three months, and that surge is happening at the exact moment price sits closest to breaking below the psychologically important $1 level.

Each wallet on the XRP Ledger requires a small reserve deposit to activate, meaning each new account represents a deliberate decision to commit funds rather than a costless sign-up. That makes the 4,941 figure harder to dismiss as noise.

Sentiment Flips Bullish at the Worst Moment on the Chart

Bullish sentiment outpaces bearish sentiment at a ratio of 3.7 to 1, the highest FOMO level around the token in three months. That shift is striking given the price action offers little obvious reason for optimism.

Santiment pointed to XRP's history of sharp rebounds, ongoing ETF momentum, and continued accumulation from larger holders as the drivers behind the optimism, even as price action stays ugly. Santiment data shows accumulation across all three large cohorts in June despite a 21% price dip, with the 10 million to 100 million XRP tier leading with 160 million XRP added, the strongest bullish signal of the group.

US spot XRP ETFs attracted $22.99 million in net inflows last week, extending their inflow streak to eight consecutive weeks. XRP ETFs have not recorded a single day of net outflows since June 3, although several sessions have ended with flat flows.

Context: A Token Under Pressure

XRP entered 2026 in a corrective phase, trending near $1.80, and plunged to the $1.30 range at the start of March as the broader crypto winter triggered. The slide has continued since, with the token now defending a level not seen in over a year and a half.

Santiment said the open question is whether this wallet surge converts into sustained buying pressure or fades as short-term FOMO, and that with XRP sitting so close to $1.00, the coming sessions should reveal which way the on-chain demand breaks.

Sources
XRP Network Growth Surges With Buyers Defending the Key $1 Zone - Crypto Economy
XRP Demand Builds On-Chain Even as Price Sinks to 19-Month Low - Yahoo Finance
XRP Flirts With Falling Below $1 Despite Record Network Growth - Benzinga