XRP Hits All-Time High of 332,230 Wallets

Cover image via depositphotos.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Substantial market growth Full network recovery Advertisement With 332,230 wallets holding at least 10,000 XRP , XRP Ledger has achieved a significant on-chain milestone. The number indicates ongoing accumulation from mid-to-large holders, despite erratic market conditions, and continues a growth trend that has been steadily increasing since June 2024. Substantial market growth The information is significant because wallet growth of this magnitude typically indicates growing long-term conviction, as opposed to short-term speculative trading. Growing numbers of larger XRP wallets in the past indicate that investors are not emotionally responding to short-term price fluctuations, but rather positioning for future gains. HOT Stories Schwartz: Ripple Doesn't Control Consensus Bitcoin (BTC), XRP, Shiba Inu (SHIB), Toncoin (TON) and Zcash (ZEC) Price Analysis for May 13: Hiding Explosive Volatility Potential Source: Santiment The timing of the milestone adds to its intrigue. Larger holders continued to accumulate during times of uncertainty and general market weakness, even though XRP spent a large portion of 2024 trading below previous cycle highs. Advertisement Many participants seem to have accumulated during fear-driven corrections rather than chasing euphoric breakouts. This is frequently regarded as a better long-term signal for network confidence. The trend did have one significant break. Between February 6 and February 8, the network lost over 4,500 wallets containing over 10,000 XRP. Nevertheless, no XRP-specific catalyst was found to be directly linked to the decline. The timing strongly suggests that the decline was related to the market crash and crypto-wide liquidation event that occurred around February 5, when the sector's risk assets underwent aggressive deleveraging. Advertisement Full network recovery Technically, XRP is also stabilizing from a market standpoint. The asset recently broke through a downward resistance structure that had been stifling price movement for several months. In an effort to regain the 100-day EMA, XRP is currently consolidating around the $1.45-$1.50 range. The overall structure appears much healthier than it did earlier this year, and momentum indicators are steadily improving. You Might Also Like Wed, 05/13/2026 - 05:33 Schwartz: Ripple Doesn't Control Consensus By Alex Dovbnya However, the milestone also draws attention to a troubling aspect of the adoption of cryptocurrencies. Compared to more established payment behemoths like Visa and Mastercard, which handle billions of transactions and cater to hundreds of millions of users globally, 332,230 large XRP wallets are objectively significant for the digital asset sector. Although it puts the cryptocurrency industry in perspective, that contrast does not lessen XRP's growth. Digital assets are still growing quickly, but the industry is still in its early stages of adoption when compared to the global financial infrastructure. #XRP #XRP Ledger