XRP Wallets Hit New Levels, Top 10% Ownership Threshold
XRP's price has risen by 4% but it's not the token's price that's turning heads, it's wallet size. A holding of just 2,120 XRP now puts an account in the top 10% of all XRP Ledger wallets.
The top-10% cutoff sits at 2,119.55 XRP while the top-1% threshold is around 44,490 XRP as of September 8. The XRP Ledger hosts over 8.12 million wallets and accounts holding under 1,000 XRP make up 85% of that total yet control only a sliver of the circulating supply.
This structural quirk arrives as XRP consolidates after a sharp multi-week run with traders now fixated on whether the $1.35-$1.38 support zone holds ahead of the next macro catalyst.