- XRP Ledger has reached a record 332,230 wallets holding 10,000 or more XRP.
- Growth after a sharp dip earlier in the year highlights long-term holder conviction.
- XRP price eyes a breakout above key resistance around $1.50.
The XRP cryptocurrency remains under pressure just below the $1.50 mark, moving largely in step with other major altcoins as the market searches for fresh direction.
At the same time, on-chain metrics show the XRP Ledger has recorded a new milestone: a record number of wallets holding at least 10,000 XRP. This surge in large holdings raises questions about investor conviction and the potential for price upside if accumulation continues.
XRP Ledger wallet growth: Record high for 10,000+ cohort
Recent weeks have seen larger holders buy into major altcoins following dips, and XRP appears to be no exception. On-chain data reveal renewed inflows that coincide with an expanding base of substantial XRP holders. Addresses holding 10,000 XRP or more have climbed to 332,230—the highest level on record.
According to data shared by Santiment, this expansion persisted through a period of price stagnation in 2026, when XRP traded below its recent highs. Accumulation accelerated after a steep drop between February 6 and 8, when more than 4,500 wallets fell out of the 10k-or-more category amid the market-wide sell-off and mass liquidations on February 5.
The subsequent recovery in wallet counts suggests that conviction-driven investors viewed the dip as a buying opportunity. Analysts say these larger holders tend to be less reactive to short-term volatility and more focused on XRP’s utility and longer-term outlook, a pattern that can indicate growing institutional interest as crypto funds continue to accumulate over multiple weeks.
XRP price outlook
Price action for XRP is currently consolidating under the key $1.50 resistance. The token has traded in a relatively tight range during the latest uptick in risk assets, circulating near $1.45 as of May 13, 2026.
Bitcoin’s effort to retest $82,000 has placed upward pressure on market sentiment, but it has also kept altcoin moves relatively muted as capital favors the leading cryptocurrency. XRP is likely to follow broader market rhythms: if risk appetite strengthens further, the token could attempt to push past the $1.50 barrier.
Immediate overhead resistance sits at $1.50, a level that has capped momentum during recent rallies. On the daily chart, XRP shows a bullish consolidation pattern with support at the 50-day moving average around $1.35. The RSI remains in neutral territory, suggesting there is room for price expansion before overbought conditions appear.
Should XRP break above $1.50 with conviction, bulls may target $2.00 and $2.75, with a longer-term objective of revisiting $3.00. Conversely, a failure to hold the 50-day moving average—if price falls below roughly $1.35—could prompt a retest of the $1.20 area.
In summary, the record surge in large XRP wallets highlights growing accumulation by holders who appear focused on long-term value. Price direction in the near term will depend on whether market-wide risk appetite can drive a clean breakout above the $1.50 resistance or if renewed selling pressure forces a deeper pullback.