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I found this update about XRP holders interesting. The folks following the market must have noticed: the number of addresses with XRP has increased significantly, from 5.2 million to over 7 million in the past year. The result? The barrier to enter the top 10% of holders has dropped from 3,300 XRP to 2,350 XRP now.
This means more people are getting involved, but the threshold to be considered "rich in XRP" has become more accessible. To reach the top 1%, you need at least 50,000 XRP — only 71,000 wallets are at this level. It’s still quite concentrated.
What’s moving the market is the growing institutional interest. Funds like Grayscale and even JP Morgan are watching, which could tighten the available supply. If XRP reached Bitcoin’s market cap, we’d be talking about a price close to $35. It’s not guaranteed, but it shows the potential that people see.