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Recent data suggests XRP adoption is still in early stages, with over 3.6 million wallets holding less than 500 XRP; around 17% of total XRP wallets were created since the start of 2023, indicating rising interest.
Large investors, or “whales,” have been accumulating XRP, with their holdings representing 27% of the total circulating supply, up from a previous value of $7.16 billion in October 2022. Analysts are optimistic about XRP’s future value, influenced by Ripple’s court wins against the SEC and potential factors like banking collaborations, market trends, and technological advancements.According to the most recent data, XRP adoption might be still in its early days. The X user FrancisBovineSwift shared the stats, saying there are over 3.6 million wallets holding less than 500 XRP .
The majority of those addresses hold between 20 and 500 tokens, while the rest own up to 20 coins .site, and wondering where you stand, remember that out of the 4.8 million wallets, over 3.6 million wallets hold less than 500 XRP.earlier this month, the total XRP wallets stand at over 4.8 million.
Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
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