Panorama de monederos XRP: Entre más de 7,5 millones de direcciones, ¿cuántos titulares influyen realmente en el mercado?

According to Gate market data, XRP has a circulating supply of approximately 57.64 billion, with a total supply of 100 billion. The current price of XRP stands at $1.90, giving it a market capitalization of $116.35 billion and a market share of 6.03%.

On-chain data shows that the number of wallets holding at least 10,000 XRP has reached 317,500, marking an all-time high. This threshold means each wallet holds at least $20,000 worth of XRP, effectively excluding most retail investors.

A Macro View of XRP Wallets

The latest on-chain data reveals that the total number of XRP wallets has surpassed 7.5 million. This figure highlights the broad reach of the XRP network and the ongoing growth of its user base. However, a closer look at the balance distribution reveals a significant concentration. More than 5 million wallets hold fewer than 1,000 XRP.

To be more specific, around 2.734 million wallets hold just 0 to 20 XRP, accounting for 42.2% of all XRP wallets. Most of these "micro wallets" were created by early users, as the XRP Ledger originally required each address to maintain a reserve of at least 20 XRP.

With the reserve requirement now reduced to just 1 XRP, nearly 600,000 wallets containing exactly 10 XRP have effectively been abandoned. These dormant wallets represent about 8.5% of all XRPL addresses. While they increase the total wallet count, they contribute very little actual value to the ecosystem.

Extreme Wealth Concentration

XRP’s ownership structure forms a clear pyramid. Despite millions of wallets, true wealth is concentrated in the hands of a very small number of addresses. The latest data shows that the top 10 addresses alone control about 18.56% of circulating XRP. When expanding the scope to the top 50 addresses, this figure jumps to between 43% and 50%.

Specifically, addresses ranked 11th to 50th control an additional 24.85% of the supply. This means that just 50 addresses collectively control over 43% of circulating XRP. Such a level of concentration is particularly notable in the crypto market. For comparison, the top 100 wallets hold more than 70% of the XRP supply.

Whale and Institutional Holdings

Institutions dominate the ranks of top XRP holders. Ripple Labs, the company behind XRP, controls about 42% of the total supply through escrow accounts. Ripple locks billions of XRP in escrow contracts to manage predictable releases. Including these escrow wallets, seven of the top ten XRP wallets belong to Ripple. Ripple-associated addresses collectively hold about 45 billion escrowed XRP and roughly 1 billion freely circulating XRP.

Beyond Ripple, centralized exchanges are among the largest holders of XRP. These exchange wallets store customer deposits rather than proprietary assets. For example, one Gate wallet holds over 1.3 billion XRP, accounting for about 1.33% of the circulating supply. Notably, while the number of wallets holding at least 100 million XRP has dropped by 20.6% over the past eight weeks, the remaining large wallets now collectively hold 48 billion XRP, marking a seven-year high in concentration.

The Rise of Mid-Tier Holders and Retail Investors

In contrast to the top whales, mid-sized holders are on the rise. Currently, about 317,500 wallets each hold at least 10,000 XRP. At today’s prices, that’s a minimum of roughly $20,000 worth of XRP per wallet.

On-chain data also shows that, within a recent 48-hour window, more than 25,000 wallets moved up to higher balance tiers. This pattern typically aligns with accumulation phases rather than distribution, indicating that multiple holder segments are increasing their XRP positions.

The data further reveals that about 500,000 wallets hold at least 1,000 XRP, representing a significant cohort within the XRP ecosystem. The growth of these mid-sized holders suggests that confidence in XRP extends beyond just a handful of large players, spanning multiple wallet classes.

On-Chain Dynamics and Market Impact

XRP’s on-chain activity reveals some interesting trends. On one hand, exchange reserves of XRP are declining. From January 2025 to mid-January 2026, major exchanges’ XRP reserves dropped by about 45%. This trend indicates that more XRP is moving from exchanges to private wallets for long-term custody. As assets shift from exchanges to private storage, the supply structure available to meet new demand also changes.

At the same time, large transaction activity is on the rise. In January 2026, XRP whale transaction volume hit a three-month high, with large transfers (over $100,000) surging 29% in just 24 hours. This combination of shrinking exchange reserves and increased whale activity often signals a shift in market structure. As exchange-held XRP declines, immediate seller supply becomes more scarce, which can alter how the market responds when buyers step in.

Price Performance and Outlook

According to Gate market data, as of January 23, 2026, XRP is priced at $1.90, down 2.31% over the past 24 hours. Over a longer time frame, XRP has dropped 7.48% in the past seven days but remains up 3.79% over the last 30 days.

Contrary to many expectations, despite changes in on-chain activity and ownership structure, the XRP price has mostly remained range-bound. This divergence between active on-chain dynamics and stagnant prices is common in markets awaiting a clear catalyst. Analysts are divided on XRP’s future price trajectory. Conservative forecasts suggest XRP could trade between $2.50 and $3.20 by 2026, while more optimistic projections see it reaching $5 to $10 by 2030. Notably, the $2.75 level remains a key resistance point; breaking through could trigger sustained momentum toward $3.00.

How to Check XRP Wallet Data

For users interested in a deeper look at XRP wallet distribution, the official XRP Ledger explorer provides real-time data. This tool allows anyone to view on-chain information, including account balances and transaction histories, without registration.

Additionally, trading platforms like Gate offer extensive market data and in-depth analytics to help investors make more informed decisions. By combining on-chain data with exchange analytics, users can gain a more comprehensive view of XRP’s market dynamics.

Among the more than 6 million wallets on the XRP Ledger, only 712 accounts make up the top 0.01% of holders, with each holding over 5.5 million XRP. This extreme concentration highlights the stark realities of digital asset distribution. At the same time, a cohort of mid-tier holders is quietly growing. Over 310,000 wallets are steadily accumulating at least 10,000 XRP each, representing roughly $20,000 in assets per address. These wallets act as the capillaries of the XRP ecosystem—individually modest in influence, but collectively vital to the network’s health and stability. On Gate’s trading platform, XRP’s deep liquidity and real-time data provide investors with a transparent window into the market. Behind the price movements lies a constant push and pull between whales and retail investors, centralization and decentralization.