Key Insights:
- XRP wallet saw 4,300 new addresses created in 24 hours, marking one of its biggest network growth spikes of 2026.
- Reports suggest SBI Holdings may be preparing XRP ETF products for listing on the Tokyo Stock Exchange, pending approval.
- Binance top traders are increasing long positions on XRP while shorts also rise, showing mixed market sentiment.
XRP wallet growth jumped sharply this week after thousands of new addresses appeared on the network within one day.
At the same time, talk of a possible XRP ETF in Japan and rising long positions from Binance traders added fresh attention to the asset.
XRP Wallet Growth Hits Rare 2026 Spike
XRP wallet moved back into focus after blockchain data platform Santiment reported a sudden rise in wallet activity across the network. According to the update shared on social media, more than 4,300 new XRP wallets were created within 24 hours.
Santiment said the jump marked the fourth-largest daily wallet increase recorded in 2026 so far.
The firm also noted that network growth has often acted as an early signal before price reversals in the past.
The rise in new wallets comes at a time when the XRP crypto price has been trading in a tight range while traders watch for signs of stronger momentum.
Increased wallet creation is usually seen as a sign that more users are entering a network. In some cases, it also points to renewed retail interest after a quiet period.
Address activity around XRP also picked up alongside the wallet growth. Santiment highlighted both metrics together, showing that user participation across the network had improved over the last day.
Market watchers often track wallet activity because it gives a clearer picture of demand outside price action alone. When new XRP wallets rise during periods of uncertainty, some traders view it as a sign that buyers may be preparing for a larger move.
The timing of the spike also attracted attention because XRP crypto price has recently faced mixed sentiment in derivatives markets.
While some traders have increased bearish positions, others appear to be building long exposure instead.
SBI Holdings Adds Fresh XRP ETF Speculation In Japan
Interest around XRP increased further after reports linked SBI Holdings to possible XRP exchange-traded funds in Japan.
Posts shared by crypto-focused accounts claimed that SBI Holdings is preparing XRP ETFs for the Tokyo Stock Exchange once regulators give approval.
The update was first tied to reports connected to Xaif and later repeated by crypto exchange Bitrue on social media. So far, SBI Holdings has not released a formal statement confirming the launch timeline.
Still, the report quickly spread across the market because of the company’s long history with XRP and Ripple-related services in Japan. SBI has remained one of the strongest institutional supporters of XRP over the years.
The company has worked closely with Ripple on payment products and cross-border settlement services across Asia. An XRP ETF in Japan would likely attract strong interest from local investors if approved.
Exchange-traded funds usually make it easier for traditional investors to gain exposure to digital assets without directly holding tokens. The report also arrives during a period when crypto ETF products are gaining wider attention globally.
Bitcoin and Ethereum investment products have already opened the door for more institutional participation in several markets.
Although regulators in Japan have not approved an XRP ETF yet, traders viewed the report as another sign that institutional interest around XRP may still be growing behind the scenes.
Binance Traders Increase Long Positions on XRP Crypto Price
Trading data shared online also showed a split between bearish and bullish positioning in the XRP market. Crypto analyst CW noted that XRP open interest has been rising while short positions continue to grow.
That suggests many traders still expect downward pressure despite the recent wallet activity. At the same time, the analyst pointed to a different trend among top traders on Binance.
According to the update, larger Binance traders have been increasing long positions instead of short bets. That difference between retail sentiment and large trader positioning often becomes important during volatile periods.
If prices begin moving higher while shorts continue to build, traders may be forced to close positions quickly, adding more buying pressure to the market.
