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$XRP Rich List Updated: See Where You Belong
Hey there, crypto enthusiasts! 🚀 I've just stumbled upon some fascinating data from the XRP Rich List, and I'm excited to share it with you. According to ChartNerd (@ChartNerdTA), a prominent crypto analyst on X, retail investors are being priced out of the XRP market.
👉 What ChartNerd Highlighted
ChartNerd pointed out that over 6 million XRP wallets hold 500 XRP or fewer, and acquiring 1,000 XRP is now out of reach for most participants, costing around $1,750 compared to $500 just over a year ago. The balance distribution chart shows a steep drop in wallet count as balances rise, with only a small number of wallets controlling large allocations.
👉 XRP Distribution
The XRP Rich List data reveals that:
- 3.5 million wallets hold 20 XRP or less
- 2.5 million wallets sit in the 20 to 500 XRP range
- Only 2,011 wallets hold between 500,000 and 1,000,000 XRP
- 66 wallets hold between 100 million and 500 million XRP
- 6 wallets hold more than 1 billion XRP each
👉 What This Means for XRP's Path
Rising costs are restricting supply movement, limiting the number of participants that can accumulate at scale. This slows coin rotation and leaves long-term holders with greater control over available liquidity, pushing out retail holders. The Rich List shows that XRP ownership has matured, and retail access has narrowed. XRP is becoming a more institution-focused asset.
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$XRP
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