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XRP 10,000+ Address Count Hits Record High

On-chain growth points to dip buying as price coils below $1.50.

Overview

  • The cohort of XRP Ledger addresses holding at least 10,000 coins, which hit 332,230 on Wednesday according to Santiment, set a new all-time high.
  • XRP traded near $1.45–$1.46 below resistance at $1.50, and analysts say a clean break could open targets around $2.00 and $2.75 with support near $1.35.
  • The 10,000+ group shrank by more than 4,500 addresses between February 6 and 8 following the February 5 crypto sell-off, with no confirmed XRP-specific cause.
  • U.S. spot XRP ETFs logged $25.8 million in net inflows on May 11 and $5.31 million on May 12, pointing to steady fund demand that can add liquidity.
  • Address counts track ledger addresses rather than unique people, since one investor or an exchange can run multiple addresses and move balances between them.