XRP Ledger Wallets Reach 8.24 Million Record as Santiment Sets Two Conditions for $1.50 Return
XRP Ledger wallets hit a record 8.24 million while Santiment says price must sustain above $1.40 with continued wallet growth for a return to $1.50.
Why it matters
The divergence between steady wallet growth and inconsistent price action creates measurable on-chain conditions for XRP's next price move, while Evernorth's warrant structure introduces a potential institutional funding channel tied to XRP treasury management.
Where the sources disagree
Figures that do not reconcile
Found by comparing the numbers in the reports automatically. They are differences, not yet confirmed to be about the same thing.
reported value
$1.30
CoinGape
$1.40
Bitcoin.com News
CoinGape reports $1.30, Bitcoin.com News reports $1.40 (7% apart).
Key facts
Daily network growth reached 4,772 new wallets in a single day
4,772 walletsReported by The Crypto Basic
The 4,772 daily wallet increase represents the fifth-largest since March
Reported by The Crypto Basic
XRP was trading at roughly $1.36 on the chart while CoinMarketCap placed it around $1.32
1.36 USDReported by The Crypto Basic
Wallet count rose steadily from approximately 7.8 million in May to 8.24 million in October
Reported by The Crypto Basic
A conditional model indicates roughly 70% of gross exercise cash would need allocation to XRP at the $1.32 price for per-share accretion
70 %Reported by CryptoSlate
What happened
Santiment data shows the XRP Ledger reached a record 8.24 million non-empty wallets with daily network growth of 4,772 new wallets, the fifth-largest single-day increase since March. The analytics platform states XRP would need to sustain a move above $1.40 while daily network growth remains near or above 4,000 new wallets for a return to $1.50 to be plausible. Separately, Evernorth's October 19 effective registration covers public warrants that could raise $132 million if fully exercised for cash, with a conditional model indicating roughly 70% of gross exercise cash would need allocation to XRP at the $1.32 price for per-share accretion.
How the story developed
- Official statement
Evernorth public warrant registration becomes effective
SEC notice records October 19 effectiveness for up to 11,499,992 Class A shares at $11.5 exercise price
- First report
First report by The Crypto Basic
XRP Needs Two Signals for a Return to $1.50
- Update
XRP Ledger wallet count reaches 8.24 million record
Non-empty wallets hit all-time high with 4,772 new wallets added in a single day
- Update
Santiment publishes two-condition framework for XRP return to $1.50
Price must sustain above $1.40 with daily network growth near or above 4,000 wallets
- Independent corroboration
Independently corroborated by CryptoSlate
Evernorth’s $132 million funding option could buy more XRP while reducing XRP per share
- Update
CryptoSlate publishes independent analysis of Evernorth warrant economics
Conditional model shows 70% allocation threshold for XRP per-share accretion at $1.32 price
How coverage built up
Independent sources over time, counted the way the consensus panel counts them: a republication of a wire story does not move the line.
- 23 Oct 2026, 06:10 UTC: The Crypto Basic — 1 independent source, 1 reports
- 23 Oct 2026, 15:50 UTC: CryptoSlate — 2 independent sources, 3 reports
- 24 Oct 2026, 06:12 UTC: CoinGape — 3 independent sources, 4 reports
- 24 Oct 2026, 17:30 UTC: Bitcoin.com News, official — 4 independent sources, 5 reports
Affected entities
Also mentioned: Nasdaq, U.S. Securities and Exchange Commission, United States, United Arab Emirates
Original sources
| Publisher | Report | Role | Published |
|---|---|---|---|
| Bitcoin.com News Company, official | XRP Wallets Hit Record 8.24 Million as Network Growth Accelerates | Independent | |
| The Crypto Basic Crypto media | XRP Needs Two Signals for a Return to $1.50 | Original | |
| CryptoSlate Crypto media | Evernorth’s $132 million funding option could buy more XRP while reducing XRP per share | Independent | |
| CoinGape Crypto media | XRP Ledger Holder Count Reaches All-Time High of 8.24 Million Amid Price Weakness Near $1.30 | Independent | |
| Crypto News (CryptoNews.net) Aggregator | XRP Needs Two Signals for a Return to $1.50 | Syndicated |
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