XRP Sees 4th-Largest Wallet Growth Spike Of 2026, Santiment Says
XRP registered one of its strongest network-growth bursts of the year, with Santiment reporting 4,300 new wallets created in 24 hours, the fourth-largest spike of 2026. The analytics firm said the move matters because “network growth is among the top leading signals to identify reversals,” placing the wallet surge alongside a set of on-chain metrics that suggest XRP is trading in a lower-risk zone than usual. Santiment Points To Undervalued Setup For XRP The data point was also shared by Santiment’s Brian Quinlivan in yesterday’s livestream. The XRP segment stood out for a combination of fresh wallet creation, depressed profitability metrics and relatively subdued crowd sentiment. Quinlivan said XRP’s MVRV setup looked “pretty similar to Ethereum,” but with an even deeper long-term drawdown among active holders. According to the Santiment data cited during the livestream, XRP’s 365-day MVRV sat around negative 35.12%, while its 30-day MVRV had slipped back into negative territory at ro