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XRP Adds 4,300 New Wallets in 24 Hours in Fourth-Biggest Network Spike of 2026

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Photo: Cointelegraph X screenshot
Photo: Cointelegraph X screenshot

The XRP network added 4,300 new wallets over the past 24 hours, marking its fourth-biggest growth spike of 2026, according to market analysis.

Cointelegraph said in an X post on May 22 that on-chain analytics firm Santiment recorded 4,300 new XRP wallets during the period.

Santiment described the increase as the network's fourth-largest growth spike this year.

Market participants sometimes view rising network activity as a leading indicator of a potential price reversal. An increase in new wallets and broader on-chain activity is often linked to expectations for fresh investor inflows and stronger trading.

Still, a short-term jump in network growth alone is not enough to confirm a trend reversal, some market observers say. The broader crypto market has recently posted only a limited rebound amid macroeconomic uncertainty and outflows of institutional capital.

minriver@bloomingbit.ioHello, I'm a reporter at bloomingbit
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