The XRPScan portal presented an update on the richest XRP holding accounts, adding the ability to filter and select. For this occasion, let's look at who holds billions and millions of XRP in their wallets. According to the data presented, the number of active XRP accounts has now reached the 4.56 million mark.
Looking at the top five, there are few surprises. Ripple and Binance share the top spot, with combined stakes of 3.73 billion XRP and 2.32 billion XRP, respectively. Nevertheless, an unidentified address managed to squeeze in between them, with a balance of almost 1.38 billion XRP. Other such unidentified addresses are nowhere near as large. The closest one is in sixth place and stores only 770 million XRP.
The interesting thing is that all of the spots 15 through 24 at the top went to the largest South Korean exchange, Upbit. Each of its addresses holds 500 million tokens, that is, 5 billion XRP in the aggregate. Previously, U.Today reported on the abnormal trading of XRP on Korean exchanges, and Upbit in particular. At one point, the token accounted for nearly 40% of total turnover on the multibillion-dollar exchange. This occurred during the recent boom in the price of XRP.
What's equally compelling is that Coinbase still has almost 1.7 billion XRP stored on its addresses. It has been more than two years since the token was delisted from the largest U.S. exchange, but the volumes stored on all 106 of those addresses would clearly make Coinbase one of the top XRP holders right now.
FAQs
The Path to A Double-Digit Price
He believes the asset's true value lies between $8 and $20 and predicts it will reach this range by 2026.
How much XRP do you need to become a millionaire if the price hits $1? ›
For those aspiring to achieve a $1 million portfolio with Ripple priced at $1 per coin, the calculation is straightforward. Divide the desired target of $1,000,000 by the coin price of $2, resulting in the acquisition of 1,000,000 XRP.
What billionaires own XRP? ›
Chris Larsen and Brad Garlinghouse may have seen the greatest benefits from their Ripple holdings, but they are not the only ones who have profited significantly from XRP's stellar gains. Jed McCaleb, another Ripple co-founder, left the company in 2013 but retains 5.3 billion XRP as of February 2016.
What is the highest XRP could go? ›
In a more bullish scenario of the crypto market surging to $10 Trillion, the price of XRP could soar to a staggering $1.96, resulting in a potential 4x return for investors by 2030.
Can XRP reach $100 dollars? ›
Yes XRP can hit $100. But it will take time now. But it will take time now. I am guessing that XRP cannot reach $100 before 2040.
Can XRP reach $35? ›
Can it reach 35k? Yes it can but it will take some time. My reasons for it is that Gold has a market capital of roughly $11T and Silver has a market capital of $1.3T right now. If XRP has the same market capital as Silver, it will be $26.
How high can XRP go in 5 years? ›
By 2025, experts predict XRP will maintain a steady base at $0.52, while potentially reaching up to $1.44. The average price is expected to enhance to $0.87, reflecting incremental growth and sustained investor interest in Ripple.
Will XRP make millionaires? ›
Cryptonewsz.com is even more bullish: it believes XRP will rise to $9.81 by 2030, which would turn a $10,000 investment into more than $196,000. But for XRP to turn a $10,000 investment into over $1 million, it would need to generate a 100-bagger gain. Even the most bullish forecasts fall short of those expectations.
How much could XRP be worth realistically? ›
Crypto analysts expect that at the end of summer 2024, the XRP price will be around $0.579. In September 2024, the XRP cost may drop to a minimum of $0.459. The expected peak value might be $0.698 in September 2024.
Will XRP hit $1 000? ›
At a $1,000 price, the market would need to move 1 billion XRP tokens to account for a $1 trillion volume and 20 billion tokens for a $20 trillion volume. For XRP to clinch a $1,000 price, it would need to skyrocket by a massive 188,543% from its current value of $0.5301.
BlackRock and JPMorgan Go Big on XRP: Why Their Over 7.5 Million Ripple Coins Purchase Is a Big Deal: Guest Post by CaptainAltcoin | CoinMarketCap.
How many wallets hold more than 10,000 XRP? ›
There has been a significant surge in the number of wallets holding at least 10,000 XRP over the past five weeks. According to the latest data shared by Santiment, this figure has reached a six-month high of 279.4k addresses.
How many XRP does the average holder have? ›
Most participants have between 10,000 and 50,000 XRP in their accounts. As a result, we can calculate that each participant holds a minimum amount within the stated range of XRP, resulting in an average of 53,327 XRP per participant.
Can XRP reach $1000? ›
At a $1,000 price, the market would need to move 1 billion XRP tokens to account for a $1 trillion volume and 20 billion tokens for a $20 trillion volume. For XRP to clinch a $1,000 price, it would need to skyrocket by a massive 188,543% from its current value of $0.5301.
