Greater than 8 million wallets now maintain XRP — a milestone that comes even because the token’s value sits properly under the place it stood lower than a yr in the past.
A Market Nonetheless Chasing Its Peak
XRP traded at $1.35 on Monday, up roughly 4% on the day, however nonetheless greater than 60% under the $3.65 excessive it hit in July 2025. Regardless of that hole, exercise on the XRP Ledger has stored climbing.
Pockets counts crossed 8 million, in accordance with on-chain knowledge, a determine that continues rising no matter the place the worth stands.
Most of these wallets belong to retail holders with comparatively small balances. A a lot smaller group controls the majority of the availability.
Buying and selling quantity instructed a unique story totally. Knowledge 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 by futures markets and $605 million by spot buying and selling.
Open curiosity stood at $2.50 billion, an indication that merchants will not be simply shifting out and in rapidly however holding positions.
Binance led all exchanges in futures open curiosity, posting $140 million. Upbit adopted at $111 million, with Coinbase shut behind at $85 million.
That unfold throughout each world and US-based platforms factors to broad participation fairly than exercise concentrated in a single area.
Regardless of a softening of the $XRP value that started in July 2025 (proven in black), wallets proceed to climb (proven in blue).
8.1M #XRP Ledger wallets as of April 4, 2026
Supply: CryptoQuant pic.twitter.com/vSpOd94jg7—
8.1M 
Eri ~ Carpe Diem (@sentosumosaba) Quantity Climbs Throughout Borders
XRP’s market cap sat at $82 billion throughout the identical interval. The numbers got here on a day when broader crypto markets had been additionally shifting.
Bitcoin briefly pushed again above $69,000, gaining 4% after stories emerged of a doable easing in Center East tensions. Whether or not that momentum would carry over to main altcoins like XRP stays unclear.
Some imagine that the excessive buying and selling quantity was a sign of a doable purchase stress earlier than an even bigger transfer. Others attributed the excessive quantity of futures to the big weight of the by-product instrument as in comparison with spot buying and selling. Because of this the excessive buying and selling quantity of futures may not have represented the identical conviction as spot buying and selling.
Retailers Lead, Establishments Monitor
The pockets evaluation of XRP signifies that the cryptocurrency community remains to be dominated by odd folks as an alternative of massive organizations. Hundreds of thousands of wallets have little XRP holdings whereas the few wallets dominate nearly all of XRP provide.
The info signifies that such a distribution mannequin has remained the identical regardless of the autumn in value since its all-time excessive final yr.
With the excessive quantity of buying and selling, rising wallets, and stagnant costs, analysts are questioning how XRP will proceed sooner or later.
Featured picture from Meta, chart from TradingView