XRP Ledger Hits 8-Month High in New Wallets as Price Recovers Amid Whale Sales

  • XRP Ledger network activity hits peak with nearly 1.9 million daily transactions around November 3, 2025.

  • Whale holders reduced positions by about 900,000 XRP tokens in five days amid market volatility.

  • XRP’s decentralized exchange processed a record 954,000 transactions in 24 hours ending Tuesday, boosting overall platform usage.

Explore the latest XRP Ledger wallet growth and price recovery in 2025. Discover key drivers behind the surge in new wallets and network activity. Stay informed on XRP trends—read more now!

What is driving the recent XRP Ledger wallet growth?

XRP Ledger wallet growth has accelerated dramatically, recording 21,595 new wallets in a 48-hour period, the strongest expansion in eight months according to on-chain data analysis. This surge follows a period of heightened network activity, with daily transactions fluctuating between 1.3 million and 1.9 million from October 6 to November 6, 2025. Investors appear to be capitalizing on XRP’s price dip, contributing to both wallet creation and a 10% price rebound over 24 hours.

How has XRP’s price action influenced network adoption?

XRP’s price climbed from a weekly low of $2.09 on Bitstamp to $2.30 by Wednesday, reflecting a 10% increase as buyers entered the market post-correction, per market data trackers. Network activity peaked at nearly 1.9 million transactions on November 3, 2025, before easing to 1.7 million the following day. On-chain metrics indicate this momentum is tied to broader adoption, with the built-in decentralized exchange handling a record 954,000 transactions in the 24 hours ending Tuesday. Analysts note that such spikes often correlate with price recoveries, as seen in historical patterns where retail interest drives sustained usage. Expert commentary from market observers highlights that these figures represent the highest two-day wallet expansion since July 2025, when growth topped 19,700 wallets. This data underscores the XRP Ledger’s resilience, processing volumes that rival major blockchains while maintaining efficiency for cross-border payments.

Santiment’s analysis, shared via social media on Thursday, November 5, 2025, visualized this trend, noting XRP’s +12% jump in the past 24 hours alongside the wallet surge. The platform’s feed emphasized that users buying the dip have benefited from the recovery, with the chart illustrating the sharp uptick in addresses.

Frequently Asked Questions

What caused the largest two-day XRP Ledger wallet expansion in eight months?

The expansion of 21,595 new wallets stems from increased investor confidence following XRP’s price dip and subsequent 10% recovery. On-chain data shows this as the peak growth since July 2025, driven by retail participation and heightened transaction volumes reaching 1.9 million daily.

Is XRP’s recent price bounce sustainable amid whale selling?

XRP’s bounce from $2.09 to $2.30 appears supported by retail inflows, but whale addresses holding 100 million to 1 billion tokens reduced positions by 900,000 XRP over five days. While short-term resistance at $2.65 looms, network fundamentals like record DEX activity suggest potential for stability if buying pressure persists.

Key Takeaways

  • Record Wallet Growth: 21,595 new XRP Ledger wallets in 48 hours mark the highest in eight months, fueled by price recovery and investor dip-buying.
  • Peak Network Activity: Transactions hit 1.9 million on November 3, 2025, with the DEX processing 954,000 in a day, highlighting robust usage.
  • Whale Influence: Large holders offloaded 900,000 tokens, yet retail momentum could push XRP toward $2.50 if it breaks $2.35 resistance—monitor for downside to $2.00.

Conclusion

The XRP Ledger wallet growth and accompanying price recovery in November 2025 illustrate a dynamic shift in cryptocurrency adoption, bolstered by surging transaction volumes and decentralized exchange activity. Despite whale selling pressures, retail engagement has propelled XRP past $2.30, with resistance levels at $2.65 testing future upside. As Ripple’s ecosystem evolves—evidenced by its recent $500 million funding round valuing the company at $40 billion—investors should watch for sustained network metrics to gauge long-term viability. Stay tuned for updates on XRP trends to make informed decisions in this volatile market.

Market analyst Ali Martinez observed that whale reductions signal profit-taking, yet the influx of new users could counterbalance downward forces. CryptoQuant data on whale-to-exchange flows, peaking near all-time highs, reinforces this view, with the 100-day moving average hitting records from late 2024 onward. Contributor insights from platforms like ArabChain describe these transfers as bearish, indicating institutions offloading into strength.

Short-term forecasts point to consolidation below $2.32, with bulls eyeing a close above $2.35 for a squeeze to $2.50. Failure here risks retracement to $2.15 or $2.00. The funding round, led by Fortress Investment Group, Citadel Securities, Pantera Capital, Galaxy Digital, Brevan Howard, and Marshall Wace, triples Ripple’s valuation from $11.3 billion in October 2025, per reports from financial outlets. This capital infusion supports ongoing development, potentially enhancing XRP Ledger’s scalability and appeal.

Overall, the blend of on-chain growth and market resilience positions XRP as a key player in digital assets, with metrics from Santiment and similar sources providing clear evidence of expanding utility.

Source: https://en.coinotag.com/xrp-ledger-hits-8-month-high-in-new-wallets-as-price-recovers-amid-whale-sales/