The XRP Ledger is showing a very strong sign that long-term holders are increasing their investments, reaching levels not seen in years. According to data from Santiment, the number of wallets holding 10,000 or more XRP has hit a new record high. At the same time, traders are watching to see if XRP can break through the important $1.50 price level.
XRP Wallets Reach Record High
Data from Santiment shows that the XRP Ledger has reached a new peak in wealthy wallets – currently, around 332,230 wallets each hold at least 10,000 XRP tokens.
Even with significant drops in the crypto market during 2025 and 2026, the number of wallets has consistently increased since June 2024.
Recently created digital wallets appear to be accumulating significant amounts of XRP, with most containing between 10,000 and 100,000 XRP tokens. This puts many of these new wallet owners in the top 5% of XRP holders worldwide.
According to Santiment, when people start buying and holding onto a cryptocurrency like this, it typically signals they’re planning to hold it for the long term, rather than just trying to make a quick profit.
Ripple CEO Brad Garlinghouse recently stated that Ripple is nearing a resolution to its ongoing situation. He also emphasized the benefits of the XRP Ledger, including its quick transaction speeds, low fees, and the fact that it has processed over 4.2 billion transactions since 2012.
Brad Garlinghouse believes the United States is closer than ever to establishing clear rules for the cryptocurrency industry. He stated, “We’re as close to the finish line as we’ve ever been.”
— Binance (@binance) May 13, 2026
Institutional Activity Driving XRP Ledger Growth
Beyond wallet growth, XRP Ledger activity has also expanded sharply over the past year.
XRP Ledger transactions hit a record high in April, reaching nearly 71 million. This is a significant increase from about 43 million transactions a year prior, showing a growth of approximately 65%.
According to Santiment, the recent increase in XRP’s value seems to be driven more by activity from financial institutions than by typical retail investors. Additionally, holdings of XRP ETFs have risen to around $1.36 billion, indicating growing institutional investment in the XRP network.
Santiment noted a rise in activity surrounding Bitstamp, Ripple USD, Braza Bank, and the growing DeFi (decentralized finance) infrastructure on the XRPL network.
XRP Price Still Faces Key Resistance
Although XRP is seeing increasing activity on the blockchain, its price hasn’t moved much recently and is currently around $1.44. Traders are paying close attention to see if it can break through the $1.50 mark.
While recent selling has slowed down momentum a bit on short-term charts, the overall market trend is still pointing upwards.
If the price goes above $1.50, experts think it could rise further, potentially reaching between $1.60 and $1.66 in the next few weeks.
Read More
- Off Campus Season 1 Soundtrack Guide
- Euphoria Season 3’s New R-Rated Sydney Sweeney Scene Proves The Show Is Trolling Us
- Gold Rate Forecast
- 5 Horror Shows I Knew Would Be 10/10 Masterpieces After The First 10 Minutes
- The Best Switch RPGs to Play Using Switch 2 Handheld Boost Mode
- What is Omoggle? The AI face-rating platform taking over Twitch
- Why is there no Jujutsu Kaisen this week? Missing Season 3 Episode 8 explained
- Crimson Desert Guide – How to Pay Fines, Bounties & Debt
- Jailbreak codes (April 2026)
- Lord Of The Flies Review: Near-Perfect Adaptation Is A Reminder Of Classic Novel’s Haunting Power
2026-05-14 12:37