XRP price barely moved today. Ripple’s token is trading around $1.10 , almost exactly the same price as yesterday at this time. The market is dead calm.
That stillness is not just a price phenomenon. It is showing up on-chain too.
Santiment data reveals that the XRP Ledger just recorded one of its quietest days in recent memory. The network saw only 25,350 active wallets – the second-lowest day of 2026. New wallet creation fell to 2,130 , the lowest since November 2024.
After the late-June dip-buying excitement, when new wallet creation spiked to 4,941 in a single day, traders have gone quiet. They are waiting for a real catalyst.
What you'll learn 👉
Chart Analysis: Activity Has Dropped Off a Cliff
The Santiment chart attached to the report tells a clear story.
Daily Active Addresses: The orange line on the chart shows a steady decline from the June highs near 48,000 active addresses down to the current 25,350. The annotation on the chart labels this as the “2nd Lowest of 2026” . The only lower day was sometime in the first quarter.
Network Growth (New Wallets): The purple line shows new wallet creation plummeting from the late-June spike of 4,941 new wallets in a single day to just 2,130 – a drop of more than 50%. The chart annotation marks this as “Lowest Since November, 2024” .
Price Action: The XRP price line at the top of the chart shows XRP trading in a tight range between $1.05 and $1.15. The token is just below $1.10, with no momentum in either direction.
The divergence between the late-June spike and the current lull is striking. In late June, XRP was hitting 19-month lows near $1.01, and new users were stepping in to buy the dip. Now, with price stabilizing around $1.10, those same traders have stopped accumulating. They are waiting for something to happen.
Potential Catalysts That Could Bring XRP Users Back
Santiment notes that XRP still has several potential sparks beyond price alone.
- RLUSD growth: Ripple’s stablecoin continues to expand, with over $2.5 billion in settlement volume on the XRP Ledger
- Tokenized asset activity: Roughly $4 billion in tokenized RWAs now live on XRPL
- Institutional payment use cases: JPMorgan, Mastercard, and Ondo settled a Treasury redemption on XRPL in roughly 4 seconds
- EVM-sidechain expansion: The XRPL EVM sidechain is now live
- Possible lending tools: New DeFi protocols could bring users back on-chain
If any of those narratives heat up, on-chain activity would increase. Santiment suggests this could propel XRP back toward a $1.50 value.
Read also: Why the SWIFT Blockchain News Is Bigger for XRP Than Most People Realize
More XRP News
The SEC submitted additional legal material in the remedies phase of its case against Ripple, focusing on the final penalty and scope of any injunction. This procedural step maintains pressure but does not resolve the core issue. The case is still ongoing, and the final resolution remains uncertain.
Also, data from Xaif Crypto shows a big redistribution of XRP net exchange flows. Coinbase’s share dropped from roughly 28% to 1.8%, while Bittrex unexpectedly captured nearly 30% – its highest in months. All of this happened while XRP’s price held steady at $1.10.
This is a curious signal. The movement of XRP from a major regulated exchange to a smaller platform could indicate that some holders are moving their XRP to less regulated venues. That is not a bullish signal. When large amounts of XRP move to exchanges with less institutional oversight, it often precedes selling pressure.
Where Could XRP Price Go This Weekend?
The market is in a waiting pattern. XRP is stuck in a tight range between $1.08 and $1.17. On-chain activity is at lows not seen since 2024. Traders are sitting on their hands.
Bullish scenario: If any catalyst emerges – positive Clarity Act news, RLUSD growth data, or a broader market rally – XRP could break above $1.17 and target $1.22. Volume would need to pick up significantly.
Neutral scenario: The most likely outcome for the weekend. the XRP price continues to trade between $1.08 and $1.12. Low volume. No clear direction. Traders wait for next week.
Bearish scenario: If the SEC case takes a negative turn or the broader market weakens, XRP could lose $1.08 and test $1.05. The next support below that is $1.00.
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