Why is XRP wallet growth rising despite a 49% price drop since Q4 2025?
A report from Crypto says XRP price has plunged about 49% since Q4 2025, sliding from roughly $2.84–$3.10 to near $1.43–$1.44 amid a $1.43 trillion crypto market cap wipeout. Despite the drawdown, more than 500,000 new XRP wallets have appeared on-chain, pushing the ledger above 7.5 million accounts and creating a sharp divergence between price and participation.
On‑chain data shows addresses climbed from just over 7,050,000 to 7,576,446, an increase of 526,446 wallets in under five months. Daily new accounts generally ranged between 2,500 and 5,000, punctuated by spikes of 9,900 on October 30, 11,242 on November 2 and a record 13,300 on November 11, though growth is cooler than in the prior cycle when wallets rose by 774,598 between October 2024 and February 2025.
The broader crypto backdrop remains weak, with the global market cap down $1.43 trillion since October 2025 and major assets trading lower—Bitcoin near $71,200, Ethereum around $2,100 and XRP near $1.43.