Usman Salis
Retail interest in XRP is not slowing down. On-chain data shows the number of wallets holding under 100 XRP has climbed to an all-time high of 5.66 million addresses - a milestone that tells a different story from the price chart. While XRP has traded through periods of volatility, the grassroots layer of the network keeps expanding, pointing to a broader base of participants entering the ecosystem.
5.66M Small Wallets Signal Broadening XRP Ownership
The latest wallet distribution data breaks down into three clear tiers. Addresses holding under 100 XRP have reached that record 5.66 million mark, continuing a steady upward climb visible across the chart history. Mid-range wallets - those holding between 100 and 100,000 XRP - have grown to approximately 2.01 million addresses, also trending higher. On the other end, wallets holding more than 100,000 XRP have declined to around 32,054, a figure that stands in sharp contrast to the growth at the bottom.
That divergence matters. As covered in XRP Whale Surge: 1.3B Tokens Flow Into Large Wallets, large holders have at times accumulated aggressively - yet the overall count of high-balance wallets is still falling. This points to a redistribution dynamic where tokens are moving from concentrated positions into the hands of smaller participants.
Retail Growth Persists Despite Whale Selloffs and Price Swings
Price action has not followed the wallet growth curve. XRP has faced notable selling pressure, including episodes detailed in XRP Whales Dump 190M Tokens in 48 Hours, where large holders offloaded significant positions in a short window. Yet retail wallet numbers kept rising through those periods, suggesting that smaller buyers were absorbing supply rather than retreating.
The pattern is consistent with a maturing distribution cycle. As analyzed in XRP News: Holders Surge as On-Chain Data Signals Activity, rising holder counts alongside on-chain engagement typically reflect genuine network expansion rather than speculative noise. The record in small wallets is not just a number - it reflects how XRP's ownership structure is evolving beyond large concentrated positions toward a wider, more distributed base.
Usman Salis
