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XRP 45% of wallets hold less than 100 XRP… Plenty of room for market expansion
Source: DigitalToday Original Title: XRP, 45% of Wallets Hold Less Than 100 XRP… Plenty of Room for Market Expansion Original Link: https://www.digitaltoday.co.kr/news/articleView.html?idxno=623693
It has been found that 45% of wallets in the XRP market hold less than 100 XRP. This suggests that there is still significant potential for expansion even after 13 years.
Japanese XRP community member Sekairoboyashi recently emphasized through data analysis that the XRP market remains in its early stages. Although XRP has achieved over 32,000% returns since its launch, considering the number of holders and market maturity, there is ample room for further growth.
Currently, XRP has 7.53 million wallets, with 45% of them being small investors holding between 1 and 100 XRP. Meanwhile, 22% hold between 100 and 1,000 XRP, 17% hold between 1,000 and 10,000 XRP, and only 10% hold between 10,000 and 100,000 XRP. Wallets holding over 1 million XRP account for less than 2% of the total.
Sekairoboyashi analyzed, “Investors currently holding XRP are likely to benefit greatly if institutions and banks enter the market.” In particular, investors holding more than 10,000 XRP are in the top 15%, and this group could be key to long-term value appreciation.