On-chain data from Santiment shows that XRP has reached a new milestone in network accumulation, with the number of wallets holding at least 10,000 XRP surpassing 317,500 for the first time in history.
The increase represents a 1.8% rise in the past 30 days, signaling continued growth among mid- to large-sized holders even amid market volatility.
Santiment analysts noted that XRP’s price rebounded 5.3% within 12 hours of hitting its recent low, marking a modest recovery driven by renewed confidence from long-term stakeholders. The surge in wallets suggests that accumulation remains steady despite recent downside pressure across the broader crypto market.
Historically, a rise in addresses holding 10K+ tokens has been viewed as a bullish structural signal, reflecting conviction from investors who tend to hold rather than trade short-term swings. This behavior often precedes medium-term rallies, particularly when market sentiment shifts from fear to gradual accumulation.
The data also highlights XRP’s resilience as one of the most actively held and transacted digital assets, supported by a growing base of network participants. As on-chain metrics improve and wallet concentration trends upward, market watchers will be looking closely to see whether this accumulation phase translates into sustained price momentum over the coming weeks.
