XRP Ledger Activity Increases, But What’s Stopping The Price Divergence?
XRP Ledger has seen a surge in new addresses over the past 24 hours, but strong resistance at $1.40 has kept the price of XRP (XRP) stable.
Main Receptors:
XRP Ledger added 4,300 new wallets in 24 hours, marking the fourth largest increase in growth on the network in 2026. XRP price recovery may face resistance at $1.40, a possible long-term consolidation.
XRP Ledger It will see the fourth largest growth rate by 2026
XRP Ledger recorded one of the strongest growth spurts of the year after adding 4,300 new wallets in 24 hours, making it the “fourth largest increase of 2026”.
Related: Analysts say that the price of XRP may explode to $ 15 in the midst of a ‘quiet stock'
As the chart below shows, newly created XRP wallets increased to 4,300 on May 20th, up from about 2,500 on May 19th. Likewise, daily active addresses increased from 32,000 to 43,520 over the same period.
“XRP is seeing one of the biggest network growth of the year,” said the market intelligence company he said. In X's post on Thursday, he added:
“One of the main signs to detect inversions is network growth.”
XRP Ledger Active Addresses and Network Development. Source: Sentiment
“When wallets rise like this, the smart money pays attention,” analyst Ammonix said. He commentedAdding:
“$XRP Reversal Signal?”
Associate Analyst Niroshan682 he said. The creation of a new wallet is often the “first sign of new network participation”, especially when it happens together Growing institutional adoption and rising ETF revenues.
US-based spot XRP ETFs account for about 1.34% of the total XRP supply after this month's earnings. About $107.3 million worth of XRP ETFs flowed in May, with Thursday's net inflow of $8.8 million marking the 12th straight day of positive inflows.
This series brought revenue to nearly $1.4 billion and assets under management (AUM) to $1.15 billion.
Spot XRP ETF Flowchart. Source: SoSoValue
Despite these positive fundamentals, XRP/USD is down 1.5% over the past 24 hours, and remains 62% below the multi-year high of $3.66 reached in July 2025.
XRP faces more resistance than itself
XRP's recent 21% rally from the $1.27 lows reached on April 5 has stopped at $1.55, coinciding with the upper limit of the region that has held the price action since early February.
Bulls need to push the price above the $1.40-$1.55 resistance zone to confirm a consolidation breakout. This area is defined by the 50-day simple moving average (SMA), the 100-day SMA and the 100-day exponential moving average, as shown in the chart below.
XRP/USD Daily Chart. Source: Cointelegraph/Trading view
As he says XRP cost-based distribution dataInvestors hold approximately 3.75 billion XRP at an average cost of 1.37-$1.45, creating resistance.
This focus suggests that many investors may be selling even during the break, which could curb XRP's upward movement.
XRP Cost Base Distribution Chart. Source: Glassnode
Another supply congestion zone was higher at $1.68-$1.70 and investors bought approximately 3.8 billion XRP. This level coincides with the upper border of the falling wedge pattern, which is preparing the XRP/USD pair to break apart, according to analyst Crypto Michael.
Note that a weekly close above the upper line of the wedge could pave the way for a rally to the measured target at $3.52, about 50% from the current price.
XRP/USD Weekly Chart. Source: Crypto Michael
According to Cointelegraph reportedBuyers should press XRP/USD above the multi-month trend line at $1.40 to signal a comeback, while a close above $1.61 will confirm a trend reversal.
