XRP Wallet Count Tops 8 Million As Trading Volume | Crypto News
More than 8 million wallets now maintain XRP — a milestone that comes even as the token’s price sits properly below where it stood less than a yr in the past.
A Market Still Chasing Its Peak
XRP traded at $1.35 on Monday, up roughly 4% on the day, but still more than 60% below the $3.65 high it hit in July 2025. Despite that hole, exercise on the XRP Ledger has saved climbing.
Wallet counts crossed 8 million, according to on-chain data, a determine that continues rising regardless of where the price stands.
Most of those wallets belong to retail holders with comparatively small balances. A a lot smaller group controls the majority of the provision.
Trading quantity told a different story completely. Data from CoinGlass put XRP’s mixed spot and futures exercise at $3.86 billion in a single 24-hour window — $3.25 billion of that coming through futures markets and $605 million through spot trading.
Open curiosity stood at $2.50 billion, a signal that merchants will not be just shifting in and out shortly but holding positions.
Binance led all exchanges in futures open curiosity, posting $140 million. Upbit adopted at $111 million, with Coinbase close behind at $85 million.
That unfold across both global and US-based platforms factors to broad participation fairly than exercise concentrated in one area.
Despite a softening of the $XRP price that started in July 2025 (shown in black), wallets continue to climb (shown in blue).
8.1M #XRP Ledger wallets as of April 4, 2026
Source: CryptoQuant pic.twitter.com/vSpOd94jg7— Eri ~ Carpe Diem (@sentosumosaba) April 5, 2026
Volume Climbs Across Borders
XRP’s market cap sat at $82 billion during the same period. The numbers got here on a day when broader crypto markets have been also shifting.
Bitcoin briefly pushed back above $69,000, gaining 4% after experiences emerged of a doable easing in Middle East tensions. Whether that momentum would carry over to major altcoins like XRP stays unclear.
Some imagine that the high trading quantity was an indication of a doable buy strain before a greater transfer. Others attributed the high quantity of futures to the large weight of the by-product instrument as in contrast to spot trading. This means that the high trading quantity of futures may not have represented the same conviction as spot trading.
Retailers Lead, Institutions Monitor
The pockets analysis of XRP signifies that the cryptocurrency community is still dominated by bizarre people instead of big organizations. Millions of wallets have little XRP holdings while the few wallets dominate the bulk of XRP provide.
The data signifies that such a distribution model has remained the same despite the autumn in price since its all-time high last yr.
With the high quantity of trading, growing wallets, and stagnant costs, analysts are questioning how XRP will proceed in the future.
Featured image from Meta, chart from TradingView
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