As XRP’s price continues to rise, many holders find it increasingly challenging to remain in the top wealth brackets of the XRP ecosystem.
According to Edo Farina, CEO of Alpha Lions Academy, staying among the top 10% of XRP holders is now more difficult than ever, especially as the token’s value grows.
If you hold more than 2,601 $XRP , you’re in the top 10% 🚀 pic.twitter.com/aPWpOEW2Pk
— EDO FARINA 🅧 XRP (@edward_farina) January 5, 2025
What It Takes to Join the Top 10% of XRP Holders
Farina’s analysis highlights that the number of XRP required to qualify as a top 10% holder has decreased over time, despite the rising cost of entry.
In June 2024, when XRP was trading at approximately $0.47, investors needed at least 3,300 XRP to secure a spot in the top 10%. At the time, this required an investment of $1,551. Fast-forward to January 2025, the threshold has dropped to 2,599 XRP. However, the cost to meet this benchmark has surged to $6,263, as XRP is now valued at over $2.40 per token.
For context, XRP currently has over 5.85 million wallets, with only 585,248 containing 2,599 XRP or more. This number represents the top 10% of holders. Meanwhile, wallets in the top 1%—approximately 58,000 addresses—hold at least 56,304 XRP, which equates to an investment of $135,000 at today’s prices.
Farina predicts that as XRP’s price approaches $100, only a few thousand wallets will remain in the top 10%. He encourages those interested in XRP to consider accumulating the asset before higher prices make it unattainable for many.
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The Importance of Self-Custody Among XRP Holders
In addition to discussing wealth brackets, Farina raised concerns about self-custody within the XRP community . While there are over 500 million cryptocurrency users globally, he estimates that only about 20 million actively self-custody their assets.
For XRP specifically, Farina believes that fewer than half a million holders truly control their tokens in self-custody wallets. He warns that relying on centralized exchanges to store XRP comes with significant risks, particularly during rapid price increases. Without self-custody, investors may lose access to their tokens or miss opportunities to benefit from the token’s long-term growth.
A Shrinking Pool of Top XRP Holders
Farina’s insights also underline a key trend: as XRP becomes more expensive, the number of individuals able to maintain a top-tier position will continue to shrink. This reflects a shift in accessibility, as increasing prices push smaller investors out of the higher wealth brackets.
The message is clear: securing and holding XRP now, especially in self-custody, offers a better chance of staying among the top holders in the future.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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