Santiment has reported that the number of non-empty wallets on the XRP Ledger reached a record 8.24 million, marking significant ongoing growth despite recent price volatility. The analytics firm underscored that this milestone continues a steady increase that began months ago, with network growth showing renewed momentum in recent days.
XRP wallet growth reaches new record
According to Santiment, the XRP Ledger added 4,772 new wallets in a single day, making it the fifth-largest daily spike in wallet creation since March. This surge points to a fresh wave of participant interest as the network continues to expand its user base.
The platform stressed that not only price performance, but also increasing wallet creation, supports a constructive outlook for the network. Santiment linked the trajectory of user growth to larger trends in XRP adoption.
Holder growth remains on an upward path, with the latest milestone reached as XRP traded around $1.36. Network activity continues to climb even in periods of price swings, emphasizing growing confidence among users.
While XRP price action has seen periods of volatility, wallet growth has persisted, suggesting that new entrants remain interested in the ecosystem. Market watchers are assessing whether price movement will eventually confirm underlying trends in user adoption.
Key resistance and support levels come into focus
Santiment identified $1.40 as a key resistance level that could determine the immediate future direction for XRP. According to the platform, a sustained break above $1.40, along with daily new-wallet creation staying near or above 4,000, would open the door to a potential move toward $1.50. However, if XRP falls below $1.30 and wallet growth slows to around 3,000 new wallets daily, momentum could weaken in the short term.
Technical analysts are currently monitoring XRP’s four-hour chart, where the token recently tested a descending resistance trendline after recovering from $1.26 to as high as $1.40. Despite briefly crossing this trendline, the price faced selling pressure and retreated to near $1.34.
A breakout above $1.38 to $1.40 could clear the way for a rally toward $1.45 and $1.50, while holding above $1.33 remains critical to avoid reversal toward $1.30 or even $1.26.
Until there is a clear breakout above resistance, the overall downtrend remains intact for XRP, even as wallet numbers continue to rise.
Meme token activity highlights investor behavior
Beyond price and wallet statistics, closely following shifts in investor activity and timing has become increasingly important in today’s rapidly evolving digital asset landscape. In the meme token space, viral trends have quickly generated large inflows. For instance, analytics from Fomo App revealed that a trade involving the meme token “Niu Lai” turned a $99 investment into about $370,000, exemplifying the scale of dramatic returns possible within days.
Tracking not just prices but also when and where investors are moving capital has become a core priority for participants. Fomo App has integrated token discovery, trading, social feeds, investor rankings, and real-time trade notifications into a single platform, providing an all-in-one resource for monitoring meme token momentum alongside investor behavior.
