Here’s How Much Needed to be Atop the XRP Rich List, Analyst Insists 99% Will Not Make It

An XRP community analyst shares how much investors need to be among the top 10 XRP Rich list, suggesting most individuals will not make it.

The commentary comes as XRP faces bearish pressure, struggling to maintain momentum above the $2.2 level. Since late April, the asset has remained bound within this price range, despite experiencing brief surges and dips. Currently, XRP is trading at $2.21 as market uncertainty grows.

Amid this price stagnation, investor sentiment has grown cautious. However, industry figures like Edoardo Farina, Head of Social Adoption at XRPHealthcare, view this period as an attractive accumulation phase. 

Farina has continued to stress XRP’s long-term potential, pointing out that the current lull in price presents an opportunity for investors to accumulate tokens before the next major uptrend.

As part of this campaign, he recently reviewed the XRP Rich List, an unofficial leaderboard of wallet holders ranked by XRP holdings. His analysis revealed that the total number of XRP wallets has reached 6.4 million. 

The XRP Rich List

Despite this figure, he warned that wallet count does not equate to individual holders. Many users, including himself, own multiple wallets for various purposes, such as trading, self-custody, and diversification.

According to Farina, most of these wallets are either inactive, custodial, or contain negligible amounts of XRP. In fact, he referenced estimations indicating that roughly 60% to 70% of wallets on the XRP rich list could fall into these categories, leaving only about 30% to 40% as active, self-custody holdings. 

Farina stated that AI analysis, such as estimations from ChatGPT, suggests that the real number of XRP holders might lie between 1.5 and 2 million. He believes the actual count is closer to one million.

This incredibly low number, when compared to the global population, shows the exclusivity involved in XRP market participation. According to these estimates, less than 0.025% of the world’s population holds any XRP. Farina believes this indicates how early most investors still are.

Meanwhile, citing on-chain data, Farina pointed out that to secure a rank among the top 10% of XRP wallets, an individual would need to hold about 2,500 XRP. At current market prices, this equates to an investment of roughly $5,000. 

Notably, this threshold is rather low for such an exclusive group, presenting an opportunity for those who look to leverage it early enough. “You need about 2,500 XRP and you would be among the top 10% XRP holders, the top 10% wallets. And that’s insane,” Farina said.

“99% Will Not Make It”

He also discussed a misconception that XRP’s rise will result in widespread wealth, as he believes only a small group of holders would continue to hold XRP when it reaches its full potential. As a result, he dismissed the idea that governments or elites would be concerned about a small group of investors becoming wealthy. 

“Do you really think the government or the elites or the ones in control running the system really care that a tiny amount of holders are going to make $250,000? Hell no,” Farina stated.

Speaking further, he argued that very few people will have the patience or conviction to hold XRP through its entire growth curve. Most will likely sell during incremental price milestones such as $10, $30, or $100. 

Farina suggested that only around 10% of current holders might remain invested by the time XRP reaches a potential $1,000 valuation. While some have touted this goal, others still believe it is largely impossible amid the current market conditions.

Farina noted that those who seek to enter the XRP rich list can do so with minimal amounts now. While the opportunity still exists, he warned that 99% of people won’t reach the finish line. He argued that investors must have a long-term vision if they hope to truly benefit from XRP’s potential future.