XRP network activity is improving after a sharp derivatives reset, with active addresses and wallet creation rates reportedly reaching a three-month high. The move came as leveraged positioning was flushed from the market, while XRP held around the psychologically important $1.00 support area.
TL;DR XRP active addresses and wallet creation rates reportedly reached a three-month high. The activity spike followed a major flush in derivatives open interest. XRP held near the key $1.00 support level during the reset. A reclaim of $1.10 is still needed for the short-term chart to look structurally stronger. Why leverage flushes can helpFor XRP, holding around $1.00 during that kind of reset is notable. The level is psychologically important and tends to attract attention from both retail traders and technical analysts. Losing it cleanly would have made the chart look much weaker. Holding it keeps the recovery case alive.
On-chain activity gives bulls something to work withThe rise in active addresses and wallet creation gives XRP bulls a stronger argument than price alone. Network activity can show that users are still engaging with the ledger even when the market is volatile. A three-month high suggests the activity is not just background noise.
That said, active addresses should always be read carefully. One user can control multiple wallets, and bursts of activity can come from exchanges, bots, or short-term positioning. The signal is useful, but it is strongest when it continues beyond a single spike.
The $1.10 line still mattersThe caveat is that the short-term chart has not fully repaired itself yet. XRP still needs to reclaim the $1.10 area to make the structure look more convincingly bullish. Until then, the market is in a recovery attempt rather than a confirmed trend reversal.
For traders, that makes the next move important. A push above $1.10 with continued on-chain strength would suggest the leverage flush helped reset the market. A rejection below that level would leave XRP vulnerable to another test of support. For now, the network data is improving, but the chart still needs to confirm it.


















