XRP Ledger Breaks 8 Million Wallet Mark, Top Holders Still Dominate

The XRP Ledger has reached a significant milestone, surpassing 8 million funded accounts. This growth in wallet numbers has led to a dilution of the threshold for top percentile rankings, requiring only around 3,333 XRP to be in the top 10% of holders.

However, despite this broader holder base, the top 1% still control about 92% of the XRP supply. This means that true market power remains concentrated, influencing price resistance levels around $1.60-$1.86.