- XRP holders are getting richer with institutional investments coming soon.
- Top 1% holders need 50,000 XRP, making it exclusive.
- XRP’s value could soar if it reaches Bitcoin’s market cap.
According to Crypto X AiMan (@CryptoXAiMan) on X, the latest update to the XRP rich list shows that you only need 2,350 XRP to be considered “XRP rich” and secure a place in the top 10% of holders.
This figure marks a significant drop from the 3,300 XRP required just a year ago, reflecting the growing number of XRP holders and a larger pool of individuals entering the XRP ecosystem.
The post highlights that the number of XRP wallet holders has grown dramatically in the past year, jumping from 5.2 million to 7.2 million. This rapid expansion of holders has directly impacted the threshold for being considered XRP-rich, making it easier for more people to join the top 10%.
With XRP’s total supply capped at 100 billion, the increasing number of holders means that securing large amounts of XRP is becoming more difficult, potentially pushing the price up in the future.
For those looking to reach the highest tier, entering the top 1% of XRP holders requires at least 50,000 XRP. Currently, just 71,000 wallets contain enough XRP to be in this exclusive group. As more wallets are created and XRP continues to grow in popularity, the number of people able to reach these milestones will continue to change.
Also Read: Pundit: Central Banks and Sovereign Funds are Quietly Accumulating XRP – Here’s What’s Next
Institutional Investment Could Transform the XRP Market
The future of XRP appears even brighter with the growing interest from institutional investors. As mentioned in the video from Crypto X AiMan, large financial institutions like Grayscale, JP Morgan, and others are expected to invest billions into XRP, which could dramatically change the current landscape of the XRP rich list.
These institutional investments will tighten the supply, potentially driving up the price and increasing the value of XRP over time.
If XRP were to achieve Bitcoin’s market cap, experts speculate that the price of XRP could rise to $35, a substantial increase from its current value. With these developments on the horizon, those holding XRP today could see significant returns as institutional demand for the cryptocurrency continues to grow.
As the XRP market continues to expand, both retail and institutional investors will influence the future of the rich list. With more people entering the market, the dynamics of XRP’s value and its distribution among holders will continue to evolve.
Also Read: Bitcoin (BTC) Crosses $110,000 as Altcoins Record Mixed 24-Hour Movements
