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.

XRP daily created wallets | Source: X @SantimentData

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 roughly negative 3%.

That combination, he argued, places XRP in a statistically less overheated position than during periods when recent and longer-term holders are sitting on large unrealized gains. “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 said.

He was more forceful on the long-term figure, noting that readings below negative 30% tend to mark a point where the average active 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 said. “You can buy knowing that your fellow peers that you’re trading against, you’re not on the same team just because they’re investing in the same asset.