XRP adds 4,300 new wallets in 24 hours, but price stays capped

XRP Ledger added 4,300 new wallets in 24 hours while ETF inflows remained consistent, yet XRP price remains stuck below key resistance levels, according to data from CoinTelegraph.

The surge in new wallets suggests growing network adoption, with 4,300 new addresses created in a single day. This increase in on-chain activity often signals rising interest from retail and institutional participants. Meanwhile, XRP ETF inflows have been steady, indicating sustained demand from traditional finance channels. Despite these bullish signals, XRP price has failed to break through resistance near $0.55, trading in a narrow range. The disconnect between network growth and price action highlights the complex dynamics in crypto markets, where supply overhang or broader macro factors can cap gains. For real-time pricing context, traders can check NowPrice's crypto page to monitor XRP's current levels against key moving averages.

Looking ahead, traders will watch for a decisive move above the $0.55 resistance level, which could open the door to $0.60. On the downside, support near $0.50 remains critical. Continued wallet growth and ETF inflows could provide the catalyst needed for a breakout, but broader market sentiment and Bitcoin dominance trends will also play a role. Key data releases this week include US GDP revisions and Fed commentary, which may influence risk appetite across digital assets.