💥 Gate Square Event: #PostToWinCC 💥
Post original content on Gate Square related to Canton Network (CC) or its ongoing campaigns for a chance to share 3,334 CC rewards!
📅 Event Period:
Nov 10, 2025, 10:00 – Nov 17, 2025, 16:00 (UTC)
📌 Related Campaigns:
Launchpool: https://www.gate.com/announcements/article/48098
CandyDrop: https://www.gate.com/announcements/article/48092
Earn: https://www.gate.com/announcements/article/48119
📌 How to Participate:
1️⃣ Post original content about Canton (CC) or its campaigns on Gate Square.
2️⃣ Content must be at least 80 words.
3️⃣ Add the hashtag #PostTo
The XRP Wealth Concentration Problem Nobody's Talking About
Just dropped: XRP rich list data that’s making the community lose their minds 😤 Here’s what’s actually happening:
The Numbers Hit Different
Top 10 wallets? They’re sitting on 41% of all XRP in circulation. Top 20? Basically 50%. Wild right?
But here’s the kicker—only 663 wallets globally hold over 5 million XRP. That’s your ultra-elite tier (0.01%). The rest of us? Most retail holders need just ~2,500 XRP (~$5k) to crack the top 10%. Sounds accessible until you realize XRP has 6.4M wallets but only ~1.5-2M actual active holders. The real holder base is way thinner than it looks.
Why Everyone’s Freaking Out
Whale moves = price chaos: Chris Larsen (Ripple co-founder) just moved ~$175M XRP to exchanges between July 17-24. Result? XRP tanked up to 14% from its ~$3.65 peak. One person, massive volatility.
Centralization risk is real: A tiny fraction of wallets controls liquidity and price direction. Flash crash potential? Absolutely possible.
The accessibility paradox: Being top 10% sounds exclusive—until you realize it’s actually shallow. That’s not healthy market depth.
The Real Question
Is this a problem or opportunity? Depends who you ask. Patient holders in lower tiers could moon when adoption actually hits. But first? Transparency and governance need serious work. Right now it’s basically a whale playground with retail spectators.
Bottom Line: XRP’s wealth map reveals a market structure that’s way more centralized than the narrative suggests. If major holders keep moving massive amounts, volatility isn’t ending anytime soon.