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XRP Rich List: Two Years Ago vs Today
A recent comparison of XRP wallet distribution over the past two years highlights a significant increase in both the number of accounts and the volume held by top-tier holders. This trend reveals that the digital asset has experienced notable growth over the past 2 years, and community members shared excitement for the asset, expecting further growth as adoption increases.
XRP Liquidity (@XRPwallets) recently shared data on X, revealing a significant expansion in the number of wallets in each major bracket, with the number of accounts growing at an impressive rate. Two years ago, there were 470,017 wallets in the top 10% tier. Today, this figure has surged to 658,016.
While whales in the ecosystem have increased, the trend continues across all tiers. Two years ago, only 47,002 wallets held at least 69,999 XRP, placing them in the top 1%. Today, that bracket includes 65,802 wallets holding a minimum of 50,732 tokens. This substantial growth is attributed to an influx of new participants and rising interest in cryptocurrency.
Moreover, the broader trend reveals increased activity and distribution of XRP among retail and mid-level holders, as witnessed by the lowering of the required amount for each tier. The entry threshold for the top 10% group decreased from 3,522 XRP two years ago to 2,477 XRP today.
Interestingly, this data suggests that joining the exclusive ranks of the top 10% is becoming increasingly challenging and more costly. To join the elite club today would require a minimum balance of $5,300.78, compared to the much lower threshold of $1,972.32 two years ago when XRP was trading at $0.56.
In conclusion, this development serves as further evidence that XRP has made tremendous progress over the past 24 months and is expected to continue its upward trajectory as more users become involved in the market.
Source: timestabloid.com
