Only 322,000 XRP Accounts Hold More Than 10,000 Tokens, Rich List Data Reveals

Approximately 322,000 accounts on the XRP Ledger — the blockchain maintained by Ripple Labs for cross-border payments and tokenization — hold balances of at least 10,000 XRP, according to the latest rich-list data. While the network boasts over 8 million total accounts, wallets with five-figure XRP balances represent a relatively small fraction of the overall user base.

The figures emerge as XRP trades near $1, placing the 10,000-XRP threshold at roughly $10,000 in dollar terms.

The data also adds context to a recent social media post by crypto commentator John Squire, who noted that only around 300,000 people worldwide hold more than 3,000 XRP and asked his followers whether they counted themselves among that group.

Wealth Concentration Across Account Tiers

According to the rich-list breakdown, 322,083 accounts — roughly 4% of all XRP accounts — hold balances of 10,024 XRP or more. At the current price near $1, reaching the top 4% requires approximately $10,025 worth of XRP.

The thresholds rise sharply at higher percentiles:

• Top 1%: 80,521 accounts hold at least 44,760 XRP
• Top 0.5%: 40,261 accounts hold at least 80,046 XRP
• Top 0.2%: 16,105 accounts hold at least 158,775 XRP
• Top 0.1%: 8,053 accounts hold at least 275,026 XRP
• Top 0.01%: 806 accounts hold at least 3.77 million XRP

Concentration is most pronounced at the very top. Six accounts hold more than 1 billion XRP each, while an additional 18 accounts maintain balances between 500 million and 1 billion XRP. Such concentration at the top is not unique to XRP; similar patterns have been documented across major cryptocurrencies, where exchange wallets and institutional custody addresses typically dominate the highest tiers.

Over 8 Million Accounts, but Many Hold Small Balances

The XRP Ledger currently contains 8,052,069 accounts. This figure does not equate to 8 million individual holders, however, as a single person may control multiple wallets and entities such as exchanges, institutions, and custodians often operate numerous addresses. XRP has a fixed maximum supply of 100 billion tokens, with roughly 67.84 billion currently in circulation.

A significant portion of accounts hold minimal balances. The data shows 4,068,189 accounts contain between zero and 20 XRP, while another 2,557,611 accounts hold between 20 and 500 XRP.

Top 4% of Accounts Control Roughly 95% of Circulating XRP

The most notable aspect of the distribution is the degree to which XRP balances concentrate among larger accounts. Aggregating balances across all account ranges starting at 10,000 XRP yields approximately 64.67 billion XRP. Against the 67.84 billion XRP in circulation, these accounts collectively represent about 95% of the total circulating supply.

The rich list tracks wallets rather than individuals, meaning many of these large balances likely belong to exchanges, institutional players, and custodial services that pool customer funds. This makes it difficult to determine how much XRP is held directly by individual retail investors versus held in aggregate on their behalf by intermediaries.

Context on the "Still Early" Narrative

The latest figures have fueled discussion about XRP's adoption stage. Squire's post suggested that current holders may still be early in the adoption curve. One commenter, LukeRichar, speculated that future growth could produce thousands of new millionaires and a smaller number of billionaires, though such projections remain speculative.

The distribution data also comes amid Ripple's broader push into institutional payments and tokenized assets following its partial legal victory against the SEC in 2023, which found that XRP sales on public exchanges did not constitute securities offerings. How adoption evolves will depend on factors including regulatory clarity, institutional adoption, and competition from other payment-focused blockchain networks.

XRP is currently trading around $1, having declined approximately 3.16% over the past 24 hours, 7% over the past week, and 45.42% year to date. Holding 10,000 XRP does not guarantee returns, as future value depends on market price movements.

The rich-list data nonetheless confirms that a 10,000-XRP balance remains uncommon, with only about 4% of all accounts reaching that level.