The XRP Ledger created 7,934 new wallets on November 1, its sixth-highest daily total of 2026, according to Santiment. This increase in network activity, which followed the Binance security breach, did not translate into an XRP rally, with the token remaining near $1.25 after losing almost 16% in October. The Coinbase Premium Index fell to approximately -0.16%, while net inflows into US spot XRP ETFs dropped from $121.40 million in September to $18.83 million in October. Analysts are monitoring the $1.30 resistance level and $1.20 support alongside daily wallet creation.
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