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Altcoins & DeFi

XRP Adds Nearly 8,000 New Wallets in a Day Following $6 Billion Binance Hack

Image: Bitcoin.com News

XRP recorded one of its strongest days for new wallet creation this year after the Binance hack, according to Santiment. The increase contrasted with subdued prices, as the analytics firm suggested a possible shift toward self-custody. Santiment reported on Nov. 2 that 7,934 new XRP wallets were created the preceding day, marking the sixth-highest daily total of 2026. The analytics firm’s assessment of XRP network growth , shared on X, highlighted the unusually strong Sunday activity while the cryptocurrency traded near $1.25. “XRP network growth is accelerating fast,” Santiment stated. The firm connected the timing to the aftermath of the Binance breach, while qualifying the potential relationship. Santiment added: The wallet count measures new addresses rather than establishing how many distinct people joined the network.

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