On-chain data from Santiment shows the number of XRP Ledger wallets holding at 
least 10,000 XRP tokens has reached a new all-time high. The milestone comes 
at a time when XRP is still trading 60% below its all-time high, showing how 
much disconnect there is between price and holder activity. It also raises a 
major question: are larger holders positioning early before the price catches 
up? XRP Ledger Hits Record High In 10,000+ XRP Wallets XRP has spent much of 
2026 fighting to regain stronger bullish momentum, but its on-chain picture is 
telling a different story from the price chart. Many large wallets are not 
leaving the network. They are adding to it. Related Reading: Market Analyst 
Outlines How The XRP Price Will Reach $300 And What Everyone Is Missing 
Particularly, data from the on-chain analytics platform Santiment shows that 
the number of XRP Ledger wallets holding at least 10,000 XRP has climbed to a 
record 332,230. Santiment noted that this continues a steady growth trend that 
has been building since June 2024, despite the price volatility that has 
followed XRP across several phases of the crypto industry. The chart shared by 
Santiment shows the 10,000+ XRP wallet cohort rising almost consistently from 
late 2025 into May 2026. However, the most severe test of that trend came in 
early February. Between February 6 and 8, 2026, over 4,500 wallets in the 
10,000+ XRP bracket disappeared during a broader crypto market selloff. During 
that time, the Bitcoin price fell 12.6% on February 5 to $63,500, its lowest 
level since October 2024, as the wider crypto market suffered heavy losses and 
over $1 billion in liquidations. However, the wallet count subsequently 
recovered in the second half of February and has been on an uptrend since 
then. Now, the number of large XRP holders has broken past its January peak 
and is at a new high of 332,230 addresses. Will The XRP Price Follow The 
Holder Growth? The question now is whether this wallet growth can translate 
into price momentum. According to Santiment, the rising numbers of mid-to- 
large wallets suggest increasing conviction from investors who are less 
focused on short-term price swings and more interested in long-term 
positioning. This means that many XRP traders believe in ultra-bullish price 
targets for the long term. Related Reading: XRP Is Quietly Taking Over And 
These Are The Things That Investors Keep Missing Interestingly, there are also 
other pieces of market data that support the idea that XRP is attracting 
capital. The five US-listed spot XRP exchange-traded funds reported a combined 
$25.8 million in net inflows on May 11, the largest single-day haul since 
January 5, when they drew $46 million in their first week of trading, 
according to SoSoValue data. On-chain accumulation does not automatically lead 
to an immediate rally, and XRP’s price chart still has work to do. Buyers need 
to turn accumulation into visible bullish pressure. The first sign would be a 
stronger move away from the current $1.40 to $1.50 range. The current most 
important breakout zones are around $1.52 and $1.54. A successful daily close 
above $1.54 could validate a bullish breakout on the shorter timeframes, while 
a close above $1.60 will validate a bullish breakout on larger timeframes. 
Featured image from Adobe Stock, chart from Tradingview.com

XRP Holders Rise Rapidly To Hit A New All-Time High, Will Price Follow?

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XRP Holders Rise Rapidly To Hit A New All-Time High, Will Price Follow?

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