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Home»Altcoins»4,300 XRP Wallets Created in Day as Network Growth Hits 4th Largest Spike of 2026
Altcoins

4,300 XRP Wallets Created in Day as Network Growth Hits 4th Largest Spike of 2026

NBTCBy NBTC24/05/2026No Comments2 Mins Read
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On-chain data points to the 4th largest increase in new addresses for $XRP so far in 2026.

According to Santiment data, 4,300 wallets joined the $XRP network within a 24-hour period, which is the fourth largest increase in 2026. The addition of new addresses remains significant as it might indicate growing interest. It might also signal the entry of new users or new addresses being created by existing holders.

In a recent tweet, on-chain data analytics platform Santiment highlighted the network growth as positive, given that this could be a major signal to spot price reversals.

$XRP On-Chain Data, Image By Santiment

The $XRP address surge comes amid increased activity surrounding the $XRP Ledger ecosystem.

In the past week, Santiment noted that the $XRP Ledger network rose to its highest level of on-chain activity since March, marked by a surge in active addresses and new wallets. Increased activity on a network is a key ingredient to mid- and long-term price growth, as higher adoption helps justify higher prices.

The wallet surge also coincided with a period of increased accumulation for $XRP. According to Ali, a crypto analyst, $XRP whales accumulated more than 71 million $XRP tokens over the past week.

In a milestone reached this May, wallets with at least 10 million $XRP increased their stash to 45.83 billion $XRP, the most they’ve held since May 2018, which is about 68% of the total $XRP supply. At the time of writing, $XRP was trading at $1.36.

$XRP Ledger news

Ripple is joining as a Challenge Sponsor at SwissHacks 2026 with three tracks for builders: Payments & FX: Cross-border payments that settle in seconds; Credit & Lending: On-chain lending and tokenized credit products; AI Agents for Finance: Financial agents with built-in guardrails.

This is scheduled for June 19 to 21 in Zurich with top teams pitching at Kongresshaus during Swiss Fintech Week.

The only amendment in the latest $XRP Ledger software version, XRPL 3.1.3, has entered a two-week activation period, with an expected date of May 27. Node operators are urged to update their nodes to avoid amendment blocking and service interruption.

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NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.

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