XRP Wallet Count Tops 8 Million As Trading Volume | XRP News
More than 8 million wallets now maintain XRP — a milestone that comes even because the token’s price sits effectively under the place it stood much less than a yr in the past.
A Market Still Chasing Its Peak
XRP traded at $1.35 on Monday, up roughly 4% on the day, however nonetheless more than 60% under the $3.65 high it hit in July 2025. Despite that hole, exercise on the XRP Ledger has stored climbing.
Wallet counts crossed 8 million, based on on-chain information, a determine that continues rising regardless of the place the price stands.
Most of these wallets belong to retail holders with comparatively small balances. A a lot smaller group controls the majority of the provision.
Trading quantity informed a totally different story totally. Data from CoinGlass put XRP’s mixed spot and futures exercise at $3.86 billion in a single 24-hour window — $3.25 billion of that coming via futures markets and $605 million via spot trading.
Open curiosity stood at $2.50 billion, a signal that merchants should not simply shifting out and in shortly however holding positions.
Binance led all exchanges in futures open curiosity, posting $140 million. Upbit adopted at $111 million, with Coinbase close behind at $85 million.
That unfold throughout each international and US-based platforms factors to broad participation moderately than exercise concentrated in a single area.
Despite a softening of the $XRP price that started in July 2025 (proven in black), wallets proceed to climb (proven in blue).
8.1M #XRP Ledger wallets as of April 4, 2026
Source: CryptoQuant pic.twitter.com/vSpOd94jg7— Eri ~ Carpe Diem (@sentosumosaba) April 5, 2026
Volume Climbs Across Borders
XRP’s market cap sat at $82 billion during the identical period. The numbers got here on a day when broader crypto markets have been additionally shifting.
Bitcoin briefly pushed back above $69,000, gaining 4% after stories emerged of a attainable easing in Middle East tensions. Whether that momentum would carry over to main altcoins like XRP stays unclear.
Some consider that the high trading quantity was an indication of a attainable buy stress earlier than a larger transfer. Others attributed the high quantity of futures to the massive weight of the spinoff instrument as in comparison with spot trading. This signifies that the high trading quantity of futures may not have represented the identical conviction as spot trading.
Retailers Lead, Institutions Monitor
The wallet evaluation of XRP signifies that the cryptocurrency community remains to be dominated by extraordinary people as an alternative of large organizations. Millions of wallets have little XRP holdings whereas the few wallets dominate the bulk of XRP provide.
The information signifies that such a distribution model has remained the identical regardless of the autumn in price since its all-time high final yr.
With the high quantity of trading, rising wallets, and stagnant costs, analysts are questioning how XRP will proceed sooner or later.
Featured image from Meta, chart from TradingView
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