XRP Adds 500,000+ Wallets Since Q4 2025 Despite 49% Price Drop

While the XRP price has declined by more than 49% since Q4 2025, XRP has welcomed over 500,000 more wallets within this timeframe.

Notably, the ongoing downturn has impacted the broader market, with the global crypto market cap losing $1.43 trillion since Q4 2025, and XRP has not escaped the bloodbath. For context, XRP has dropped 49% since October 2025, on par with Ethereum (-49%), but underperforming Bitcoin (-38%) and outperforming Solana (-56%).

Despite the bearish spell, the XRP ecosystem’s growth has not halted, as adoption continues amid a wave of new amendments. Specifically, since Q4 2025, the XRP ecosystem has added more than 500,000 wallets, pushing total hosted wallets beyond the 7.5 million mark. 

Key Points

• XRP has suffered a 49% price downturn since Q4 2025, as the broader crypto market enters one of its most bearish phases, losing $1.43 trillion.
• Despite the ongoing struggles, the XRP ecosystem has continued to grow, adding more than 500,000 wallets within the same period.
• With the recent uptick, total hosted wallets in the XRP ecosystem have increased beyond the 7.5 million mark, less than six months after hitting the 7 million milestone.
• While the growth has been undeniable, data confirms it has slowed mildly when compared to the adoption recorded in similar periods last year.

XRP Struggles Alongside the Broader Market

Data from a community-driven XRP Rich List platform confirms this trend, pointing to sustained adoption at a time when the price has struggled. Notably, XRP began Q4 2025 with a price of $2.84 in October after recovering by 2.55% the month before. However, after an initial rise to $3.1, the asset collapsed 11.89% in October 2025, with the downturn kick-started by the 10/10 market crash.

Since then, XRP has been on a downward spiral alongside the rest of the crypto market, which has lost $1.43 trillion in value within this period. Currently trading for $1.44 amid a 49% decline, XRP has recorded four consecutive monthly losing candles for the first time since late 2019 and is now on track to make it five for the first time since 2016.

XRP Adds 500K+ Wallets

However, on-chain data confirms that the XRP ecosystem has continued to see growing adoption. Notably, while the price has struggled, the XRP Rich List reveals that the ecosystem has added exactly 526,446 XRP wallets since Q4 2025, when the ongoing downturn began.

For context, after XRP hit the 7 million-wallet milestone in September 2025, it added 50,000 more wallets in the days leading to Oct. 1, 2025, bringing total hosted wallets to 7,050,037. Since then, new accounts created on the ledger have ranged from 2,500 to 5,000 a day, with occasional spikes, per data from XRPScan. 

Three such spikes occurred on Oct. 30, 2025, when the network welcomed 9,900 XRP wallets in a day, on Nov. 2, 2025, when 11,242 new wallets entered the ecosystem, and on Nov. 11, 2025, when 13,300 new wallets were created, marking the largest daily increase in history. These all contributed to the current total XRP wallet count of 7,576,446, an addition of 524,446 wallets since October 2025.

Adoption Has Slowed Mildly

While the current trend confirms investors have maintained resilience at a time when prices have struggled, further data indicates that adoption has slowed compared to similar periods in the past. For context, from October 2024 to February 2025, XRP wallets grew from 5,330,427 to 6,105,025. This marked an increase of 774,598 wallets in less than five months.

The recent slowdown is expected, considering how periods of downturns often discourage new investors from entering the market in droves. However, XRP welcoming over 500,000 wallets during this time confirms that adoption has continued to grow despite the market struggles.