XRP is showing a divergence between network growth and market performance, with the asset’s total addresses hitting new milestones amid subdued price movement.

In this regard, the total number of XRP addresses has increased from 7.9 million at the start of the year to 8.1 million as of April 6, 2026, according to on-chain data retrieved from CryptoQuant by Finbold.

Despite this growth, XRP is currently trading at $1.35, marking a decline of more than 26% year-to-date. 

This subdued price action has largely been influenced by the lack of network-specific catalysts, with XRP trading in tandem with the broader cryptocurrency market.

The contrast points to a disconnect between usage and price action, where increasing participation has yet to translate into stronger market conviction.

 It can be argued that retail investors continue to dominate holdings, and sentiment rather than fundamentals appears to be the primary force driving short-term price movements.

At the same time, the steady rise in wallet addresses suggests that the network is building a stronger foundation over time. 

However, this type of adoption typically acts as a lagging bullish indicator rather than an immediate catalyst for price appreciation. As a result, near-term performance is likely to remain constrained unless supported by broader market momentum or a significant external trigger.

XRP price prediction 

To assess how rising network activity could influence XRP’s price, Finbold turned to OpenAI’s ChatGPT model. The outlook suggests XRP will trade within a relatively tight range in the short term, over the next few weeks to two months.

The token is projected to fluctuate between $1.10 and $1.60 as it consolidates after recent losses, with limited upside unless sentiment improves or capital inflows increase.

Over the medium term, spanning three to nine months, continued address growth could play a more meaningful role. If adoption persists and broader market sentiment strengthens, XRP may recover, with a base range of $1.50 to $2.50 and a potential move above $3 in a stronger altcoin rally.

In the long term, sustained growth in wallet addresses points to a rising user base and structural demand. 

If XRP Ledger usage expands across payments, liquidity, and institutional use cases, prices could align with these fundamentals, with projections of $2.50 to $4 over one to three years, and above $5 in a stronger growth cycle.

As things stand, the focus is on XRP reclaiming the $1.50 resistance level, which would present a clearer path toward retesting $2.

However, based on recent trends, the asset’s momentum will largely depend on broader market conditions in the coming sessions.