Cryptocurrency adoption is gaining momentum, with XRP emerging as a standout performer in the market.
Rise of XRP Wallets
According to market analyst MattMax, the number of wallets holding 10,000 XRP has surged over 220% in the last five years. This signals a growing confidence among mid-tier investors.
The analyst noted that the largest holders, those controlling over 100,000 XRP, have not been left out either, as their positions rose by 120% during the same period.
Data indicates that the growth in XRP wallets is driven by more than just speculation. The widespread adoption of XRP by payment providers and financial institutions has cemented its credibility, positioning it as a key bridge currency for transactions.
XRP as an Institutional Play
Crypto observer SMQKE has reported that WisdomTree has identified XRP as a 'tactical onshore play' for institutional portfolios. This strategic assessment underscores XRP's growing appeal among sophisticated investors seeking diversification in the changing digital asset landscape.
WisdomTree’s endorsement reflects XRP's standout performance, including a 384% annual gain in July 2025, outpacing Bitcoin and Ethereum.
Institutional demand has driven the surge, with $946M inflows into European physical ETPs and $129M into U.S. synthetic ETFs, surpassing Ethereum and Solana.
Conclusion and Outlook
XRP's strong performance, practical utility, and institutional support solidify its role as a strategic asset. As digital finance evolves, its status as a 'tactical onshore play' is expected to attract growing institutional interest.
Meanwhile, wallets holding 10,000 XRP have surged 220% over the past five years, while the largest holders with over 100,000 XRP have grown by 120%. This on-chain momentum suggests a structural shift in XRP accumulation, potentially reshaping liquidity, price dynamics, and demand narratives.
XRP holds a firm position in the market due to its utilities and support from major players, which could lead to significant shifts in demand structure and cryptocurrency prices.
