XRP Addresses with 10,000+ Hit Record 332,230

The number of XRP Ledger addresses holding at least 10,000 XRP reached a record high of 332,230 as of May 12, according to onchain data from analytics firm Santiment. This milestone reflects a steady accumulation trend among larger holders that began in June 2024 and persisted through periods of market volatility.

The growth in these high-balance addresses has occurred without sharp spikes typically linked to speculative buying. Santiment noted the consistent rise even as XRP traded below its mid-2025 peak of about 3.65, representing a roughly 60 percent decline from that level. On May 13, XRP changed hands around 1.45, down 0.28 percent over 24 hours but up 2.29 percent over the prior week and 9.83 percent over the past month. Trading volume exceeded 2 billion during that period.

Larger holders appear to have continued adding to positions amid price pressure and broader market caution. The metric tracks addresses rather than individual wallets, as one entity can control multiple addresses or link them to services like exchanges. Such growth often signals positioning by mid-to-large investors, though it does not confirm the motivations behind each change.