According to cryptocurrency media outlet Cointelegraph, the XRP Ledger has reached a new milestone, with the number of wallets holding at least 10,000 XRP climbing to 332,230, setting a historical record. This update is supported by data from Santiment, showing that even amid months of uncertain price fluctuations for the asset, the number of large XRP wallets continues to increase steadily.
The shared chart illustrates the growth of these high-value wallets from November 2025 to May 2026. During the same period, XRP's market price experienced multiple pullbacks and sideways movements. Nevertheless, the number of large holders has steadily risen, reaching a new record level in May.
In the face of market volatility, the trend of continued accumulation by whales has drawn the attention of many market participants, as wallet activity is often used as an indicator of investor confidence. In this context, the increasing number of large wallets may suggest that holders still view XRP as a long-term asset, despite short-term price uncertainties.
Cryptocurrency commentator CRYPTO_WITH_RAO responded to this update, stating that the increased participation of larger holders under uncertain market conditions typically reflects a lasting long-term belief.
The community's reaction highlights the loyalty of XRP holders
Some members of the cryptocurrency community also took this opportunity to comment on the reputation of XRP holders for maintaining their commitment during tough market times. This reaction reflects the shared sentiment of many XRP investors who continue to hold despite years of regulatory disputes, market cycle changes, and price volatility.
Analysts debate the real significance of wallet growth
Analysts added that future price trends may determine the actual significance of the growth in wallet numbers. While the increase in wallet numbers indicates heightened activity among large XRP accounts, some analysts believe that confirming sustained accumulation requires stronger price performance.