The number of XRP wallets holding at least 1 million tokens reached 2,147 on November 4, marking a yearly high for 2026. This figure increased by 28 addresses over a 10-day period, with 18 of those additions occurring in the final three days. Analysts monitor these holdings as indicators of long-term investment sentiment.
Network activity on the XRP Ledger remains active, with 7,934 new wallets created on November 1. This represents the sixth-highest daily increase of the year. Currently, the total market capitalization of XRP is approximately $83 billion, with a circulating supply of about 63.35 billion tokens.
US market demand shows signs of cooling, as evidenced by the Coinbase Premium Index dropping to -0.16 percent, an eight-month low. Spot XRP ETFs recorded net inflows of $18.83 million in October, significantly lower than the $121.40 million reported in September.
ETF performance in early November has been muted, with a net outflow of $529,510 on November 2 and zero net flows on November 3. Despite these recent figures, total net assets for these funds reached $1.46 billion, while cumulative inflows remain at $1.81 billion.
