Edo Farina, CEO of Alpha Lions Academy and a well-known figure in the cryptocurrency space, recently highlighted a key statistic regarding XRP ownership.
In a tweet, Farina said , “Today, you need only 2,505 $XRP to be among the top 10% wallets.” Accompanying this statement was a chart that detailed the distribution of XRP holdings among wallets, showing how holdings are concentrated among different percentage groups.
Today, you need only 2,505 $XRP to be among the top 10% wallets. Most people have no clue how early we still are. 🔥 pic.twitter.com/8nnnlYpdcg
— EDO FARINA 🅧 XRP (@edward_farina) February 24, 2025
Farina’s statement emphasizes that, despite the long history of XRP in the cryptocurrency market, many investors still hold relatively small amounts. His remark that “most people have no clue how early we still are” suggests his belief that XRP remains in an early phase of adoption and that there is potential for further growth.
The chart in his post provides a clearer picture of XRP’s ownership structure. It shows that a relatively low number of tokens is required to be in the top 10% of holders, which implies that a significant portion of wallets hold even smaller amounts.
This distribution pattern aligns with trends in many other cryptocurrencies, where a small percentage of holders control a large portion of the supply. However, the low threshold for the top 10% suggests that individual retail investors still have a considerable presence within the XRP ecosystem.
Community Reactions and Perspectives
Farina’s tweet sparked discussion among XRP holders, with community members providing their interpretations of the data. Some, like a user named Ripe, expressed long-term commitment to holding XRP while acknowledging past frustrations with unrealized expectations.
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Ripe stated that she has been holding XRP for years despite frequently seeing positive news that “almost never actually came true.” However, she remains “optimistic” and committed to holdings.
Another user, Jacky O, pointed out that many individuals maintain multiple wallets, which could influence the interpretation of the distribution data. If a single holder spreads their XRP across many addresses, the number of unique holders may be lower than the raw wallet count suggests. This could imply that the number of top 10% holders is smaller than the data indicates.
Broader Implications of XRP’s Distribution
The discussion generated by Farina’s tweet highlights key aspects of XRP’s adoption and investor sentiment. The relatively low number of tokens required in the top 10% suggests that large institutional or whale holdings may still dominate a significant portion of the total supply. Meanwhile, retail investors remain engaged in the market, though their holdings are often spread across multiple wallets.
Additionally, the responses reflect the long-standing divide in the XRP community between those who remain optimistic about its future and those who are more skeptical due to past disappointments. Despite this, Farina’s post underscores that, in terms of overall ownership, many investors still hold relatively modest amounts of XRP, reinforcing the perception that there is room for further growth.
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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