Despite a recent cryptocurrency market downturn, Ripple’s XRP has defied the bearish trend, witnessing robust network activity and significant price recovery. Notably, this week marks the highest level of new wallet creation on the XRP Ledger since January, exceeding 21,595 addresses in just 48 hours. This surge reflects real demand and adoption even amidst market turbulence, hinting at a potential early rebound for XRP. While Bitcoin struggles to reclaim its six-figure support and Ethereum faces ongoing selling pressure from derivatives liquidations, XRP’s relatively resilient performance suggests the emergence of sustained demand during this downturn. This divergence between XRP and other assets could be an indication that we might see the first major crypto rally after this recent crash.