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XRP Price at 19‑Month Lows, Yet Network Growth Explodes
XRP price is managing to “protect” the $1.00 level, trading around $1.04 at press time. June was brutal for XRP since the token lost roughly 20% of its value over the month. But considering Bitcoin and Ethereum posted similar losses, we can say this is in line with how the broader market is behaving right now – deep in bear market territory.
The price hit a 19‑month low of roughly $1.01 on June 25. Since then, it has bounced slightly but remains under pressure.
But beneath the surface, something interesting is happening.
Santiment: New Wallets Surge Despite Price Weakness
Santiment reported that XRP is still hanging on to the $1.00 support zone. The XRP price disappointment hasn’t killed interest, though. The XRP Ledger just saw 4,941 new wallets created in one day – its strongest network growth pump in over three months. Fresh users are stepping in right as price looks most fragile.
The crowd is also treating this $1.00–$1.05 range like a dip‑buy area. Sentiment jumped to 3.7 bullish comments for every 1 bearish comment – a 3‑month high in FOMO.
Part of this optimism comes from XRP’s familiar rebound history, ongoing ETF and institutional narratives, and the idea that larger holders have continued building exposure even during ugly price action.
Still, with price sitting so close to $1, traders will want to see whether this new wallet surge turns into real buying pressure or just short‑term FOMO.
Chart Analysis: Network Growth at 14‑Week High
The attached Santiment chart shows XRP’s price, network growth, and positive/negative sentiment ratio.
Price action: XRP is trading near $1.04, down from the $1.30‑$1.40 range in mid‑May. The decline accelerated in June, with XRP hitting a low near $1.01 on June 25.
Source: X/@SantimentData
Network growth: The green bar chart shows a massive explosion on June 26, labeled as 4,941 New XRP Wallets in One Day (14‑Week High) . This is the strongest network growth pump in over three months.
Sentiment: The orange line shows the positive/negative sentiment ratio. It pumped to 3.7 bullish comments per 1 bearish comment – a 3‑month high in FOMO.
What the chart tells us: The network is growing. People are creating new wallets. The crowd is bullish. But price is still near lows. This is a divergence that could signal a bottom – or a trap.
CharuSan: “The Price Will Rise Because It Is a Mathematical Necessity”
One XRP community member, CharuSan, posted a tweet that has gotten my attention:
“If anyone thinks what I am saying will take years, they are completely mistaken. Those who look at the market merely as a ‘stock chart’ cannot comprehend this depth and the 10 years of preparation behind it. Because they only see the ‘price’ they fail to see the ‘infrastructure’ and the global financial transformation behind it.”
He used the dam metaphor: “Think of a dam, filled to the brim. If the floodgates aren’t opened now the dam will burst. The moment those floodgates open, it is mathematically impossible for the price of XRP to remain low.”
His key point: “The price will not rise so that you, I, or anyone else can get rich. It will rise because it is a mathematical necessity. The price that will lead you to financial freedom is nothing more than pocket change and the price of a cup of coffee for the global markets.”
Our take on CharuSan’s thesis: He is arguing that XRP’s price is not driven by speculation but by the scale of the infrastructure Ripple has built. The 10 years of preparation – the partnerships, the acquisitions, the regulatory clarity – have created a system that will inevitably process massive value flows.
The “mathematical necessity” argument rests on the idea that XRP is needed as a bridge asset for global settlement. If trillions of dollars flow through the XRP Ledger, the token must have a higher price to facilitate those transactions.
It is a compelling long‑term thesis. But it does not tell you when the floodgates open.
Read also: Ripple Owns the Financial Plumbing – JPMorgan, Mastercard, and XRP Just Proved It
XRP News: Reality Check and Technical Upgrades
An analytical piece clarifies that while Ripple boasts over 300 institutional partners, this count is often misinterpreted. Most banking partners use Ripple’s messaging technology (RippleNet) but do not necessarily hold or settle transactions with XRP itself. This creates a gap between network growth and direct token demand.
This is a neutral reality check for XRP. It underscores that the investment thesis relies on proven token utility in settlements, not just corporate partnerships. Future adoption should be measured by on‑chain XRP flows from these relationships.
David Schwartz, Ripple’s CTO Emeritus, proposed a transaction reservation system for the XRP Ledger DEX. The scheme allows users to pay a fee to guarantee execution priority, aiming to prevent validators or sophisticated nodes from front‑running trades visible in the public mempool.
Ripple CEO Brad Garlinghouse publicly criticized MicroStrategy’s Michael Saylor, calling his leveraged Bitcoin accumulation “financial engineering.” Garlinghouse argued that long‑term value is driven by utility and institutional adoption for real‑world payments, not speculative financial tactics.
Where Could XRP Price Go From Here?
The divergence between price and network activity is worth watching. New wallets are being created at the fastest pace in three months. Sentiment is bullish. The community is convinced the dam is about to burst.
But the XRP price is still at 19‑month lows. The bear market is deep. ETF outflows are at record levels.
Short‑term: XRP needs to hold $1.00. A break below that would likely trigger another wave of selling toward $0.87‑$0.90. If $1.00 holds, a bounce toward $1.20‑$1.30 is possible.
Long‑term: CharuSan’s thesis is valid. The infrastructure is being built. The partnerships are real. The regulatory clarity is improving. But the timing is uncertain. The floodgates could open in months or years.