Recent analysis of XRP wallet statistics indicates that the actual number of individual holders of the token is considerably lower than the total number of wallets on the blockchain.
Statistics of XRP Holders
Currently, there are about 6.4 million XRP wallets, but this number does not reflect the number of unique holders. Many users, including analyst Edo Farina, own multiple wallets. Estimates suggest that the actual number of individual holders of XRP ranges from 1.5 to 2 million, with some experts believing it could be closer to just 1 million. This accounts for less than 0.025% of the global population.
Entry into the Top 10% of XRP Holders
To make it into the top 10% of XRP wallets, one needs approximately 2,500 tokens, which at current prices amounts to around $5,000. While this is a significant sum, many investors can accumulate it over time. This opportunity contrasts with traditional finance systems, where entering the top 10% by wealth is based on much stricter criteria.
Comparison of XRP with Traditional Blockchains
When comparing the XRP ecosystem with other blockchains, such as Ethereum, it is apparent that XRP offers lower entry barriers and faster transactions. For instance, the total XRP wallet count is about 6.4 million, while Ethereum has over 250 million. Active users on XRP are estimated at around 1–2 million, whereas Ethereum users reach into the tens of millions.
Based on the analysis, it appears that most people likely do not realize how early they are to the XRP ecosystem. Only a small portion of holders seems willing to wait to see XRP's full potential realized.
