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XRP Ledger Activity Surges, But What Is Stopping Price Breakout?

Cointelegraph
The XRP Ledger recorded 4,300 new wallets in 24 hours, yet the price remains constrained by significant overhead resistance near $1.40.

Summary

The XRP Ledger recently experienced its fourth-largest network growth spike of 2026, adding 4,300 new wallets in a single day. Despite this surge in network activity and continued inflows into spot XRP ETFs, the token's price remains stagnant. Analysts point to stiff overhead resistance between $1.40 and $1.55, where a large concentration of previous investors may look to sell at break-even, as the primary barrier preventing a bullish breakout.

(Source:Cointelegraph)