
In total, XRP has gained 7,934 wallets on the past day, trading within 20 cents of $1.25, making it the sixth day in a row for XRP to make a 2026 gain.
Binance had $90.94 million in trading volume and $18 million in net outflows over the same time period.
Bybit recorded net outflows of $3.36 million and net inflows of $2.29 million for Upbit on several competing exchanges.
XRP wallet growth gathered pace on November 1, with new addresses reaching 7,934 despite continued weakness in the token's price.
XRP Records One of Its Busiest Days for Wallet Creation
According to Santiment Intelligence data, XRP also saw an increase of 7,934 wallets on November 1. That made it the sixth highest daily reading in 2026. The increase came on a Sunday, when cryptocurrency network activity usually slows.
Source: X
The rise followed a busy week for XRP and came after the Binance hack. Santiment raised the possibility that security concerns encouraged more users to create fresh wallets. However, the available figures do not confirm that the incident caused the increase.
The daily reading also stood well above the roughly 4,000-address level discussed in Santiment's report. Such a difference marks a sharp change from the activity threshold used in its assessment. Whether the pace continues will become clearer through subsequent daily readings.
On the other hand, XRP was trading around $1.25 that placed it under $1.30 level. Santiment noted that the $1.30 level would mark the first sign of upward movement. The focus of this report continues to be on the wallet creation and performance.
Binance Leads Trading Volume but Records Heavy Outflows
The 24-hour exchange heatmaps show Binance commanding the largest trading volume. The platform saw $90.94 million, with Coinbase coming in at $43.35 million. Gate came in second with $41.66 million and Upbit was in third place with $40.74 million.
Source: Coinglass
Bybit recorded $28.72 million in volume, while OKX reached $26.22 million. Kraken followed with $16.54 million during the measured period. Bitget, Bitstamp and Crypto.com had smaller numbers of $11.28 million, $9.29 million and $9.18 million respectively.
The net-flow figures tell a different story from the volume rankings. Binance recorded $18 million in net outflows, the largest negative reading shown. OKX followed with $4.23 million, while Gate registered another $1.94 million outflow.
Bybit moved against that pattern, recording $3.36 million in positive net flows. Upbit also posted an inflow of $2.29 million during the same period. These two platforms therefore differed from several larger competitors.
Price Levels and Exchange Movements Remain Under Watch
Despite being ranked 2nd in the trading volume, Coinbase's net outflows were over $985.83K. Bitstamp had $1.13 million in outflows, whereas Bitget had $1.08 million. The exchange figures indicate that the movement of trading and net flows may vary.
For XRP, Santiment placed $1.25 as the immediate price reference. A recovery above $1.30, alongside daily wallet creation above 4,000, would strengthen its stated assessment. That combination would bring rising network participation alongside an improving price.
The alternative scenario carries a weaker reading for the token. Santiment identified a fall below $1.20 as a level requiring attention. Wallet creation dropping below 3,000 daily addresses would add to that concern.
The exchange heatmaps require a separate reading from the XRP wallet figures. Net outflows can be due to withdrawals, transfers or other movements. They are not designed to tell if the holders are selling or transferring assets to self-custody.
Similarly, positive exchange flows do not prove that incoming funds will enter the market. The figures provide no direct account of the intentions behind individual transfers. Large-holder balances and subsequent trading activity would help clarify those movements.
For now, XRP has recorded a sharp rise in new addresses while trading near $1.25. Binance remains the largest venue by volume, yet its net flows are negative. The coming sessions will show whether wallet creation holds and XRP approaches $1.30.
