XRP Ledger Activity Hits 2026 Low as Traders Await Next Catalyst
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In crypto markets, XRP Ledger activity has fallen to 2026 lows with daily active wallets at 25,350 and new wallet creation down to 2,130, while XRP ETFs recorded their largest outflow since March on June 8 amid bearish derivatives sentiment. Analysts still point to a $0.85–$1.10 accumulation zone, but traders are largely sidelined as price ranges just below $1.10 and adoption indicators weaken.
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- XRP Ledger activity hit yearly lows as active wallets and new users continued to decline.
- EGRAG Crypto called $0.85–$1.10 an XRP accumulation zone despite weaker network activity.
- XRP ETFs saw their biggest outflow since March on June 8 as bearish derivatives sentiment persisted.
A slowdown in activity on the XRP Ledger suggests many traders are staying on the sidelines as they wait for the next market-moving event. According to Santiment, daily active wallets fell to 25,350, the second-lowest level recorded this year, while new wallet creation dropped to 2,130, its lowest point since November 2024.
In a post on X, Santiment said, “XRP Ledger activity has gone unusually quiet while price keeps ranging just below $1.10.” The analytics firm said the data suggests many traders are holding back instead of chasing another short-term price move. It added that wider u…
Read The Full Article XRP Ledger Activity Hits 2026 Low as Traders Await Next Catalyst On Coin Edition.
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