XRP Sees 4th-Largest Wallet Growth Spike Of 2026: | XRP News

XRP registered one of its strongest network-growth bursts of the yr, with Santiment reporting 4,300 new wallets created in 24 hours, the fourth-largest spike of 2026.

The analytics firm stated the transfer issues as a result of “network growth is among the top leading signals to identify reversals,” putting the wallet surge alongside a set of on-chain metrics that recommend XRP is trading in a lower-risk zone than ordinary.

Santiment Points To Undervalued Setup For XRP

The information level was additionally shared by Santiment’s Brian Quinlivan in yesterday’s livestream. The XRP section stood out for a mixture of recent wallet creation, depressed profitability metrics and comparatively subdued crowd sentiment.

Quinlivan stated XRP’s MVRV setup regarded “pretty similar to Ethereum,” however with an even deeper long-term drawdown amongst lively holders. According to the Santiment information cited during the livestream, XRP’s 365-day MVRV sat round damaging 35.12%, whereas its 30-day MVRV had slipped back into damaging territory at roughly damaging 3%.

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That mixture, he argued, locations XRP in a statistically much less overheated place than during intervals when current and longer-term holders are sitting on giant unrealized positive aspects. “Again, that golden rule, they’re both below zero, meaning you’d be buying whether you’re doing short or long-term trading at a less risky point than the average moment in XRP’s 11, 12 year history now,” Brian stated.

He was more forceful on the long-term determine, noting that readings under damaging 30% are inclined to mark a level the place the average lively holder has already absorbed substantial losses. “Anything below 30, no matter what asset you’re looking at, that’s something that should provide confidence in your investment because you have something that quantifies how much blood in the streets there is,” he stated. “You can buy figuring out that your fellow friends that you simply’re trading in opposition to, you’re not on the identical staff simply because they’re investing in the identical asset.

You’re shopping for when these fellow friends have already skilled immense losses that you simply haven’t since you’d be opening a recent new entry into XRP.”

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Sentiment information added one other layer to the setup. Brian stated XRP’s social tone had been “pretty up and down lately,” however leaned more damaging than ordinary, which Santiment usually treats as constructive from a contrarian perspective. The asset was displaying about 1.7 bullish feedback for each bearish remark, a stage that will sound elevated in isolation however is under XRP’s ordinary social baseline, which Brian stated tends to run nearer to a 2-to-1 bullish ratio.

Outside of one outlier round May 14, he stated XRP sentiment had remained under its typical average for roughly the prior 10 days. That issues as a result of, in Santiment’s framework, overheated bullishness typically seems nearer to native tops, whereas apathy or frustration can emerge close to more engaging entries.

The livestream additionally framed XRP within a softer altcoin surroundings. Brian famous that many property have confronted damaging sentiment as a result of they didn’t comply with Bitcoin into a more convincing rally. He pointed to the way in which market consideration round particular integrations or partnerships can fade shortly if price doesn’t reply, referencing XRP-related hype round a Rakuten partnership roughly a month earlier as an instance of how narratives can lose traction with out affirmation from the market.

At press time, XRP traded at $1.36.

Featured image created with DALL.E, chart from TradingView.com