XRP’s Price Is Stuck Under $1.10 — And Its Network Just Went Quiet Too
Fewer people are opening new XRP wallets or moving coins around. Here's what a sleepy XRP Ledger might mean for your holdings.
If you’re holding XRP and wondering why the price feels stuck, part of the answer might not be about price at all — it’s about how few people are actually using the network right now. XRP is trading below $1.10, and according to Coinpedia, the XRP Ledger just logged one of its quietest stretches of the year, with wallet activity and new sign-ups both dropping sharply.
What actually slowed down
Coinpedia reports the network recorded just 25,350 active wallets in a single day — the second-lowest daily total for all of 2026. New wallet creation fell even further, dropping to 2,130, which the outlet says is the lowest level since November 2024.
For everyday holders, “active wallets” is basically a headcount of how many people are actually doing something on the XRP Ledger that day — sending, receiving, or interacting with tokens — rather than just holding coins untouched in cold storage. When that number drops, along with the pace of brand-new wallets being created, it’s a sign that fewer newcomers are showing up and existing users are moving around less than usual.
Why this matters for your XRP
A quiet network isn’t automatically bad news, but it does tend to reflect what’s happening with sentiment. According to Coinpedia, the slowdown suggests users are waiting on the sidelines for a stronger catalyst before jumping back in — rather than actively fleeing the coin. In plain terms: people aren’t panicking, they’re just not doing much of anything, which can keep prices range-bound rather than triggering a sharp move in either direction.
That’s an important distinction for holders trying to make sense of price action that’s felt sluggish. A price stuck below $1.10 paired with falling wallet activity points to a market in a holding pattern, not necessarily one that’s breaking down. But it also means the case for a near-term rally may depend less on hype and more on real usage picking back up.
What could wake the network back up
Coinpedia points to a handful of developments worth watching that could reignite on-chain activity: growth in RLUSD, Ripple’s stablecoin; expansion of tokenized real-world assets on the XRP Ledger; more institutional payment volume routing through the network; and new lending features being built on top of it.
If any of those gain real traction, it could show up first in the wallet and activity data before it ever shows up in the price — which is exactly why these on-chain numbers are worth watching alongside the ticker. For now, though, the message for XRP holders is patience: the network is in a lull, and the next move likely hinges on whether one of those catalysts actually delivers meaningful usage rather than just headlines.
Read more: XRP Is Losing Steam on Three Fronts — But One Signal Says Don’t Write It Off Yet
