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XRP Rich List: Two Years Ago vs Today
The cryptocurrency market has witnessed significant changes over the past two years, with many assets experiencing substantial growth and shifts in their valuation. In a recent comparison of XRP wallet distribution, it is evident that there have been substantial developments within the Ripple ecosystem.
According to data shared by crypto enthusiast XRP Liquidity (@XRPwallets), the number of accounts and total volume held by top-tier holders has seen a considerable increase. This trend highlights the asset’s increased adoption and price growth over the past 24 months.
For instance, the top 0.01% bracket, which consists of the wealthiest XRP holders, has grown from 470 to 658 wallets. Additionally, their threshold balance has decreased slightly from 6,229,594 XRP to 5,642,230 XRP. This indicates that more users are reaching higher balance thresholds.
Furthermore, a closer examination of the data reveals an expansion in the number of wallets across all brackets. The top 1% bracket, which is composed of accounts holding at least 69,999 XRP, has seen a significant increase from 47,002 wallets to 65,802 wallets today.
Moreover, we see that the minimum threshold required for inclusion in this tier has decreased from 34,791 tokens to 50,732. This decrease implies increased activity and distribution of XRP among retail and mid-level holders.
In addition to the data provided by XRP Liquidity, we can also observe a considerable increase in wallets across other tiers. The top 10% bracket has grown massively, with an expansion from 470,017 wallets to 658,016. As well as this, the entry threshold for this tier decreased from 3,522 XRP to 2,477.
Source: timestabloid.com
