XRP registered one of its strongest network-growth bursts of the year, with Santiment reporting 4,300 new wallets created in 24 hours, the fourth-largest spike of 2026.<\/p>\n
The analytics firm said<\/a> the move matters because \u201cnetwork growth is among the top leading signals to identify reversals,\u201d placing the wallet surge alongside a set of on-chain metrics that suggest XRP is trading in a lower-risk zone than usual.<\/p>\n The data point was also shared by Santiment\u2019s Brian Quinlivan in yesterday\u2019s livestream<\/a>. The XRP segment stood out for a combination of fresh wallet creation, depressed profitability metrics and relatively subdued crowd sentiment.<\/p>\n Quinlivan said XRP\u2019s MVRV setup<\/a> looked \u201cpretty similar to Ethereum,\u201d but with an even deeper long-term drawdown among active holders. According to the Santiment data cited during the livestream, XRP\u2019s 365-day MVRV sat around negative 35.12%, while its 30-day MVRV had slipped back into negative territory at roughly negative 3%.<\/p>\n That combination, he argued, places XRP in a statistically less overheated position than during periods when recent and longer-term holders are sitting on large unrealized gains. \u201cAgain, that golden rule, they\u2019re both below zero, meaning you\u2019d be buying whether you\u2019re doing short or long-term trading at a less risky point than the average moment in XRP\u2019s 11, 12 year history now,\u201d Brian said.<\/p>\n He was more forceful on the long-term figure, noting that readings below negative 30% tend to mark a point where the average active holder has already absorbed substantial losses<\/a>. \u201cAnything below 30, no matter what asset you\u2019re looking at, that\u2019s something that should provide confidence in your investment because you have something that quantifies how much blood in the streets there is,\u201d he said. \u201cYou can buy knowing that your fellow peers that you\u2019re trading against, you\u2019re not on the same team just because they\u2019re investing in the same asset.<\/p>\n You\u2019re buying when those fellow peers have already experienced immense losses that you haven\u2019t because you\u2019d be opening a fresh new entry into XRP.\u201d<\/p>\nSantiment Points To Undervalued Setup For XRP<\/h2>\n