Santiment Flags XRP FOMO as 4,900+ New Wallets Enter Near $1 Breakdown Zone

XRP is currently trading around $1.04, staying close to the $1.00 support level after briefly hitting a 19-month low of about $1.01 on June 25.

The price stability comes alongside a noticeable uptick in network activity. Crypto analytics firm Santiment reported that the XRP Ledger added 4,941 new wallets in a single day, marking its strongest daily user growth in over three months.

That increase in participation has also coincided with a shift in market tone. Santiment data showed 3.7 bullish comments for every 1 bearish comment, the highest bullish ratio recorded in 3 months.

Together, the rise in wallet creation and improving sentiment suggest growing market engagement around XRP even as it continues to trade near a key psychological level.

Source: Santiment