The number of wallets holding XRP surpassed 8 million on April 7, 2026, as the token’s price rose approximately 4% to $1.35 in a sign of growing network adoption.

This milestone in network growth, with wallet count serving as a key metric for user adoption, comes as trading volume for the digital asset neared $4 billion over a 24-hour period, according to CoinGecko data.

Despite the recent price increase and network expansion, XRP remains more than 60% below its July 2025 high of $3.65. The token's current level reflects a partial recovery but highlights the significant ground it needs to reclaim to test previous peaks. The growth in wallets suggests a broadening user base, which could include both new retail investors and institutional players.

The expanding wallet count strengthens XRP's fundamental case by indicating a more distributed and potentially resilient network. However, the path to higher valuations is likely to encounter historical resistance near its previous highs. The increased trading volume may lead to higher price volatility and improved liquidity in the near term, providing a crucial test of this renewed interest.

This article is for informational purposes only and does not constitute investment advice.