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The Barrier to Becoming an XRP Whale: Fewer Coins Needed Than a Year Ago
The XRP distribution landscape is experiencing significant changes. According to the latest data, the amount of XRP required to belong to the top 10% of holders has dropped to 2,350 tokens, a notable decrease compared to the 3,300 needed twelve months ago. This shift reflects an important trend in the crypto community.
Network Growth and Its Implications
The number of XRP holders has expanded substantially, from 5.2 million to 7.2 million active wallets over the course of a year. On the blockchain level, the network has 7,441,445 ownership addresses, demonstrating increasing adoption. This rise in the number of participants explains the reduction in the threshold needed to attain privileged positions within the xrprichlist.
XRP Millionaires: Elite Figures
Accessing the top 1% requires a much stronger position: a minimum of 50,000 XRP. Only 71,000 wallets worldwide meet this wealth concentration criterion, highlighting how exclusive this level of accumulation is within the Ripple ecosystem.
Factors That Could Transform Supply
Market analysis experts point out that corporate interest could play a decisive role. The potential involvement of funds like Grayscale and major financial entities such as JP Morgan could lead to a contraction of the available supply, exerting upward pressure on the token’s price.
Valuation Scenarios
If XRP were to replicate Bitcoin’s current market capitalization, mathematical models suggest that the price could reach $35 per token. This calculation illustrates the appreciation potential that many investors see in Ripple’s cryptocurrency.