XRP Wallet Growth Hits Three-Month High As $1 Support Comes Under Pressure

XRP Ledger activity jumped while price action stayed under pressure, with 4,941 new wallets created in one day. The spike marked XRP’s strongest daily network-growth reading in more than three months, arriving as the token traded close to the $1.00 support area.

XRP changed hands near $1.04 after falling to about $1.01 on June 25, its weakest level in 19 months. The new-wallet surge gives traders a fresh onchain signal during a fragile price setup, but address creation alone does not confirm spot buying. New wallets can reflect fresh users, exchange-related activity, app onboarding, speculative positioning, or returning participants preparing to transact.

The latest reading extends a pattern that has appeared several times this year. XRP recorded 4,300 new wallets in 24 hours in May, then struggled to convert stronger network activity into a clean price breakout. The June spike is larger, but the chart now faces a tougher test because price is sitting much closer to a major psychological support zone.

FOMO Returns While Price Stays Fragile

Social sentiment also moved sharply higher near the lows. The same Santiment-tracked setup put XRP at 3.7 bullish comments for every bearish comment across social media, the strongest positive-to-negative ratio in about three months.

The jump shows that traders are treating the $1.00 to $1.05 area as a possible dip-buy zone rather than abandoning the asset after the latest drawdown. XRP’s rebound history, ETF narratives, Ripple-linked institutional themes, and larger-holder accumulation have all helped keep bullish commentary alive even as price performance has weakened.

That optimism also creates a cleaner risk signal. A high bullish ratio near support can point to renewed demand, but it can also show FOMO before price confirms a reversal. XRP was already in a rare undervalued zone after trader losses reached extreme levels, leaving the market sensitive to both a relief bounce and another failed recovery attempt.

XRP Needs Buying Pressure To Confirm The Wallet Surge

The stronger bullish case now depends on whether new wallets become real market demand. XRP needs sustained spot volume, deeper liquidity and a firmer defense of the $1.00 area before traders can treat the network-growth spike as more than a short-term participation burst.

Larger-holder data remains part of the background. XRP whale wallets previously reached an eight-year high as major addresses expanded their combined balances, while mid-sized holder growth also supported the accumulation narrative. Those signals help explain why social confidence has not disappeared, but they do not remove the near-term risk around $1 support.