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XRP gains new wallets post-Binance hack but US demand cools, price near $1.25 amid mixed sentiment.

Market News
03 Nov 2026, 09:00 WIB
BeInCrypto
View Source
Neutral
XRP gains new wallets post-Binance hack but US demand cools, price near $1.25 amid mixed sentiment.

XRP saw a surge of 7,934 new wallets on November 1, marking one of its strongest days in 2026, likely driven by the recent Binance hack encouraging self-custody. Despite this network growth, bearish sentiment now outweighs bullish comments, and US demand on Coinbase and in spot ETFs has softened, with the Coinbase premium hitting an eight-month low. XRP's price hovers around $1.25, down nearly 16% over the past month, with analysts watching this level as a key pivot point. A relief rally could occur if sentiment remains low but prices stabilize, though caution remains as US investor interest remains subdued for now.

XRP's market cap stands at Rp1.436,49 trillion as of November 3, 2026, 14:21 WIB, with a 24-hour trading volume of Rp26,56 trillion on Pluang. The platform shows a buying interest of 64% against 36% selling, and the typical hold time is 73 days. Despite the article noting a recent price near $1.25 and a monthly decline, on Pluang XRP trades at Rp22.755 with a modest 0.46% gain over the past day, reflecting steady activity amid mixed sentiment.

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