21,595 new XRP wallets created – is a $3 reversal on the horizon?

Since November, 21,595 new XRP wallets have been created on the XRPL, the highest figure since February. Despite a recent 12% pullback in XRP, its performance remains strong relative to other cryptocurrencies, indicating ongoing interest in the network.

The Total Value Locked in XRPL has decreased by 6% to 76 million USD, signaling weak long-term investor commitment. The current trading activity suggests that many participants are looking for short-term gains rather than holding XRP for the long haul.

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