XRP's Top 10% Threshold Falls to Just 2,120 Coins

XRP's distribution is becoming increasingly skewed towards large holders. A wallet holding around $2,947 worth of XRP, or approximately 2,120 coins at its current price of $1.39, would place it in the top 10% of all XRP addresses.

This threshold has been falling over time despite a decline in XRP's value of nearly 56% from a year ago. The number of small wallets growing faster than large holders is contributing to this trend.

At $1.39, reaching the top 5% would require around 7,438 coins, worth roughly $10,339, while entering the top 4% would necessitate holding approximately 10,000 XRP, valued at about $13,900. To reach the top 1%, a wallet would need to hold nearly 44,500 XRP, or over $61,000.