XRP Investors Focus On Long Term Accumulation

XRP records a new all-time high on its network. According to Santiment data, 332,230 wallets now hold at least 10,000 XRP, a level never reached before. This increase in the number of large wallets comes while the crypto price remains far from its previous peaks. Such momentum revives discussions around the positioning of long-term investors on Ripple’s asset.

332,230 XRP wallets : large holders strengthen their positions

The XRP Ledger has just reached a new all-time high with 332,230 wallets holding at least 10,000 XRP, according to data relayed by Santiment.

The on-chain analysis platform highlights that this progression has been building for several months, despite the crypto market turbulence. In its publication, Santiment states : “the continuous increase in the number of XRP wallets holding at least 10,000 XRP is a particularly strong long-term signal”.

Several points stand out from this dynamic observed on the XRP network :

• The number of significant wallets has been continuously increasing since June 2024 ;
• Accumulation has continued despite market downturn phases ;
• More than 4,500 wallets temporarily disappeared during the crypto crash ;
• The XRP network has since recovered those losses and surpassed its previous all-time high ;
• This evolution reflects an accumulation strategy more oriented towards the long term than immediate speculation.

Such a trend contrasts with the behavior observed in many assets more sensitive to short-term speculative movements. Thus, the rapid recovery of wallets after the massive liquidations in February demonstrates a certain resilience of the major XRP holders.

XRP network growth is not yet fully reflected in the price

This explosion in the number of large wallets is not yet accompanied by an immediate return of XRP to its previous market highs. The asset is still trading around 1.45 to 1.50 dollars after recently breaking a multi-month downward resistance. The contrast between on-chain growth and price performance now fuels debates among analysts.

Indeed, the expansion of the XRP network is still far from the global adoption of traditional payment infrastructures like Visa or Mastercard. In other words, the increase in wallets does not automatically mean XRP dominance in international payments. This accumulation may reflect strategic confidence from historical investors without guaranteeing an immediate explosion in the real usage of the network.

The market could now be watching a specific element: XRP’s ability to turn this accumulation into genuine demand momentum. If wallet growth continues while the price consolidates, some investors will see a classic scenario of preparation before a global move. Conversely, prolonged stagnation could raise questions about the real adoption speed of Ripple’s crypto in the global financial ecosystem.