XRP Ledger Posts Fourth-Largest Wallet Increase of 2026 as XRP Faces $1.40 Resistance

XRP, the native asset of the XRP Ledger, has recently returned to near the $1.00 support level. Rising activity among whales and new wallets is often viewed as a sign of accumulation, but retail traders remain cautious. Whether this activity broadens into wider buying will be an important gauge of any market recovery.

The number of new XRP wallets created in a single day reached a nearly three-month high, while whale activity also increased, according to the latest data. XRP ETFs recorded $62 million in net inflows in June, while the token’s price edged higher. The market is now focused on resistance at $1.10; a decisive break above that level followed by sustained trading there would provide further confirmation of a rebound.

XRP remained capped within the $1.18–$1.20 range for an extended period after the market's sharp June sell-off. The latest breakout marks its first clear upside signal in recent months. Because $1.20 is both a key psychological threshold and a technical resistance level, whether XRP can hold above it will shape traders' assessments of the trend and market momentum.

In the latest trading, XRP rose about 8% and broke through resistance at $1.18 and $1.20 in succession, reaching its highest level since the June sell-off. The move was accompanied by a marked increase in trading volume and improving technical indicators. The market will now watch whether $1.20 can become support and whether XRP can advance toward the resistance zone near $1.30.

XRP, a crypto asset closely associated with Ripple’s payments ecosystem, has recently traded within a narrow range. Despite continued accumulation by spot ETFs and large on-chain wallets, its near-term direction still hinges on whether buying demand can absorb profit-taking. The $1.40 level has therefore become a key line for the market in determining whether bulls or bears take control.

After repeatedly failing to breach resistance between $1.43 and $1.45, XRP fell about 3.3% in its latest pullback to around $1.41 and briefly dipped below $1.40 intraday. Trading volume exceeded its recent average, indicating that sellers remain in control of the short-term trend. A break below $1.40 could extend the decline, while a move back above $1.45 would improve the chances of escaping the consolidation range.

XRP is the native cryptoasset of the Ripple ecosystem and the XRP Ledger, and changes in the number of wallets holding the token are often used to gauge capital flows. The continued rise in addresses holding more than 10,000 XRP suggests that large holders are accumulating during a period of price consolidation, making $1.50 a key resistance level for the next trend.

The latest data show that the number of addresses holding more than 10,000 XRP has reached an all-time high of 332,000. The XRP Ledger also processed a record 71 million transactions in April. Analysts say a decisive break above $1.50 could put XRP on course to target $2 in the next phase.

After months of sideways trading, the market continues to monitor activity on the XRP Ledger and growth in real-world asset tokenization applications. Because XRP often tracks Bitcoin and broader crypto market flows, a break above long-term resistance is viewed as an important signal of potential further momentum.

In the latest rally, XRP cleared the $1.426 level and briefly rose above $1.47, gaining about 3% in one move as trading volume surged by more than 250%. XRP later added another 2.5% and moved above $1.45. Even as Bitcoin, Ether and Dogecoin retreated, the market remained focused on the $1.49 breakout zone.

XRP is the core token of the Ripple ecosystem. U.S. spot XRP ETFs have attracted about $1.1 billion since launching in mid-November 2025, according to SoSoValue. Institutional allocations to XRP have persisted even as flows into Bitcoin ETFs weakened over the same period, pointing to capital rotation within the crypto market.

On February 25, 2026, XRP rose about 6% from $1.34 to $1.42, breaking above $1.40. Bitrue said spot buying volume increased 212% from February 23 to 24 and was more than twice the selling volume. As of April 29, SoSoValue put net ETF inflows for the month at $83.9 million.

XRP is the native asset of the Ripple ecosystem and the XRP Ledger (XRPL). Wallet and active-address counts help gauge its holder base and on-chain usage. The number of non-empty wallets has surpassed 7.7 million, indicating broader adoption and providing an important measure of whether XRP’s price recovery has fundamental support.

The latest data show that the number of non-empty XRPL wallets has exceeded 7.7 million for the first time, setting a record, while daily active addresses have climbed to a five-week high. Market analysts currently view $1.60 as a key resistance level for XRP. A breakout followed by sustained trading above that level could extend the recent rebound and recovery momentum.

The XRP Ledger (XRPL) is a public blockchain that supports XRP transfers, payments and asset issuance. In early 2026, real-world asset (RWA) tokenization projects drove on-chain demand, while network usage diverged from XRP's market performance. Whether ecosystem adoption can translate into demand for the token has consequently become a key issue to watch.

Daily transactions on XRPL recently climbed to about 2.7 million, signaling a marked increase in on-chain activity. XRP rose as much as 3%, breaking above $1.39 and ending its downtrend since early 2026. The rally failed to hold, however, and the token has continued to trade primarily within a range of $1.34 to $1.44.