Edoardo Farina, founder of Alpha Lions Academy, shares insights on how many XRP tokens one needs to hold to join the prestigious ranks of the world’s wealthiest XRP holders.

In numerous videos shared on social media, Farina has explained what it takes to secure a spot among the top XRP holders globally.

XRP Required for the Top 10% Wallets

Farina clarified that owning just 2,501 XRP can place an investor in the top 10% of the largest XRP wallet holders. As of today, 617,768 XRP wallets belong to the top ten holder category. For context, XRP has a massive pool of 6.17 million holders.

At XRP’s current floor price of $2.62, it costs approximately $6,503 to acquire 2,501 tokens and enter the top 10% threshold. However, as of last year, the cost to secure a spot among the top holders was about $1,500.

Notably, as of August 2024, 523,615 wallets met the minimum requirement of the top 10%. Fast forward to six months later, and that number has increased by nearly 100K. 

However, Farina pointed out that some individuals may hold multiple wallets, citing that he himself owns up to 20 XRP wallets.

Breaking into the Top 5%

Meanwhile, to join the top 5% of XRP holders, an investor must possess 9,122 XRP, which Farina calls the “shark” level. There are 308,884 wallets in this category.

Farina recommends aspiring investors aim for at least 10,000 XRP, as this level positions them for potential future success. As of now, 10,000 XRP costs $26,000.

While this could be a pricey sum for many, Farina advocates for a dollar-cost averaging (DCA) strategy to reach this amount.

Farina also predicts that those with 10,000 XRP will likely be able to “cash out” sooner than those holding fewer tokens, especially if XRP reaches higher targets, such as $10 to $100 per token.

For context, at a hypothetical valuation of $100 per XRP, those holding 10,000 tokens would become millionaires.

He believes that even smaller holders could eventually join the ranks of the wealthy as scarcity increases, likely influenced by institutions rushing to accumulate XRP for liquidity, as widely anticipated among XRP enthusiasts.

Top 1% Wealthy XRP Holders

For those aiming to reach the prestigious top 1% of XRP holders, 53,212 XRP is the minimum threshold. Presently, acquiring this portfolio comes with a significant capital commitment of $138,351.

However, just four months ago, one could have acquired the same portfolio for only $26K. As of the latest data, only 61,777 wallets are in this exclusive group.

XRP shark and whale wallets have been on the rise in recent weeks as XRP maintains a strong performance against Bitcoin despite the latest market struggles.

This is according to an assessment from market intelligence firm Santiment. The platform’s recent analysis of the condition of the XRP Ledger (XRPL) ecosystem comes on the back of an impressive rebound secured by XRP yesterday.

XRP up 284% Against Bitcoin Despite Current Downturn

For context, after three consecutive days of persistent losses from Feb. 16 to 18, XRP recorded a recovery push yesterday, spiking by a massive 6.92% to reclaim the $2.7 price level. This marked XRP’s most bullish daily performance this week.

According to Santiment, this uptick triggered a positive 9% gain for XRP on the weekly timeframe, making it one of the few crypto assets to witness a positive performance over the past week. The market intelligence platform then evaluated XRP’s performance against Bitcoin (BTC) over the past few weeks.

🐳 Despite flat crypto market conditions, XRP Ledger's market cap is +6% on the day and in the minority as a positive gainer over the past week (+9%). Since November 11, 2024, $XRP's price vs. $BTC is +297%.

There are 261 more 100K+ XRP wallets than 10 weeks ago, a strong sign… pic.twitter.com/5O37A7En7g

— Santiment (@santimentfeed) February 19, 2025

For context, with XRP’s 6.9% gain yesterday, Bitcoin only managed to increase by 1.08%. This trend, which sees XRP outperforming Bitcoin only daily timeframes, has been persistent for some time now. Santiment stressed that, with the latest uptick, XRP has now gained 297% against Bitcoin since Nov. 11, 2024.

Notably, recent data confirms that while this rate has since decreased, XRP has still outperformed BTC by a mile since the U.S. presidential election. Particularly, the XRPBTC pair changed hands at 0.00000732 on Nov. 11, 2024. Currently, the pair stands at 0.00002809, indicating an increase of 284.56% in the past three months.

Rise in XRP Shark and Whale Wallets Signal Confidence 

Meanwhile, besides the strong performance XRP has had against Bitcoin and the broader crypto market, the XRPL ecosystem is also witnessing other bullish metrics despite the prevalent market turbulence. 

Santiment also confirmed that shark and whale XRP wallets holding 100,000 XRP tokens and more have been on the rise since early-December 2024. Within this timeframe, these wallets have increased from 32,958 to 33,219, representing an addition of 261 more wallets in this category.

According to Santiment, this shows that major stakeholders remain confident in XRP’s potential despite the recent pullback. Notably, this confidence has spread across the ecosystem, as The Crypto Basic reported last month that the XRPL welcomed about 511,430 non-empty wallets over a two-month period. 

Several catalysts have contributed to this growing optimism among investors, ranging from price projections and bullish developments. For one, the U.S. SEC recently acknowledged filings for XRP ETF products from Grayscale, 21Shares and Bitwise. This has bolstered speculation around an imminent approval. 

In addition, yesterday, Brazil welcomed the world’s first XRP ETF. Meanwhile, discussions around XRP securing a place in the proposed U.S. strategic crypto reserve have emerged. Amid these confidence-building developments, XRP has defended the $2 psychological mark. The asset currently trades for $2.7035 at press time.

Several factors could trigger an XRP rally capable of transforming investors with modest holdings into millionaire status.

Amid the prevalent market-wide uncertainty, XRP has not fared well, battling to transcend $2. However, market watchers remain optimistic. For instance, analyst EGRAG suggested that the recent declines were just an avenue for XRP to fill its symmetrical triangle formation.

Several other market commentators believe an imminent rebound to new heights is on the horizon. However, short-term targets have been modest, ranging from $4 to $6, all representing new all-time highs. Meanwhile, some investors envision a future where XRP could transform their modest investments into fortunes.

These expectations typically factor in long-term price projections that could see XRP hit two to three-digit prices. Interestingly, several factors could trigger such projections. The Crypto Basic recently evaluated the possibility of some of these factors helping XRP transform $1,000 to $1 million.

XRP in US Strategic Reserve

Notably, the first factor into consideration is the inclusion of XRP in a U.S. digital asset reserve. For context, President Donald Trump signed an executive order mandating the creation of a Working Group on crypto. 

One of their duties is to evaluate the possibility of creating a strategic “digital asset” reserve for the U.S. However, in an interesting twist, some industry leaders have suggested that XRP could be one of the assets considered for this reserve. Should this happen, we asked ChatGPT about the possible price implications.

In its response, the AI chatbot assumed that the government could allocate about $500 billion to procure XRP for the reserve. Should this occur, ChatGPT predicts that XRP price could reach $27, a price target that EGRAG has persistently championed.

However, the question remains, at $27, can XRP transform $1,000 to $1 million? Notably, $1,000 invested into XRP today would amass 370 tokens at the current price of $2.7. If XRP price climbed to $27, these 370 tokens would be worth $9,990. While this presents an over $8,000 yield, it is still far from the $1 million target.

XRP ETF Products Attracting 50% of Bitcoin ETF Inflows

Meanwhile, another factor that could catapult XRP’s price to greater heights is a surge in demand for XRP ETF products after their launch. Notably, the U.S. SEC has already acknowledged 19b-4 filings for several XRP ETFs, including products from Grayscale and 21Shares. This has bolstered chances of an approval.

Should these products secure approval and collectively amass only 50% of Bitcoin ETF inflows in their first year, the price implications could be monumental for XRP. For context, Bitcoin ETFs have commanded $39.98 billion in total inflows since January 2024. If XRP ETFs get 50% of this, they could see $19.99 billion in inflows.

Interestingly, market commentator Zach Rector suggested last month that the impact of capital inflows on XRP’s market cap is not always straightforward. However, he found that there is an average multiplier effect of 212x on XRP’s market cap for every $1 in capital inflows. 

Applying this multiplier on $19.99 billion in ETF inflows would add an extra $4.23 trillion to XRP’s market cap. With the current valuation sitting at $156 billion, adding this increase would push XRP’s market cap to $4.393 trillion. Assuming circulating supply remains stable at 57.8 billion, this valuation would translate to an XRP price of $76.

At a price of $76, the 370 tokens procured from investing $1,000 in XRP today would be worth $28,120. This would mark returns of $27,000, but still far from the $1 million mark. Essentially, for XRP to transform $1,000 to $1 million, its price must rise to $2,702, with a market cap of $156 trillion. This is highly unlikely to occur.

Prominent entities in the XRP community have reignited discussions on the long-term valuation of the token.

In particular, they are suggesting that a $10,000 price target might not just be realistic for XRP but could be conservative.

Notably, leading the conversation this time are the Rowen Exchange and John Squire, a commentator with 510K followers on X. The argument centers around institutional adoption, supply dynamics, and XRP’s potential role in global finance.

How Institutional Adoption Could Drive XRP to $10,000

One of the strongest cases for XRP’s explosive growth is institutional adoption. Rowen Exchange argues that if major banks, payment processors, and governments increasingly use XRP for cross-border settlements, demand could surge, forcing a price increase.

It noted that XRP’s total supply is 100 billion tokens. Meanwhile, the actual circulating supply is about half that quantity due to escrow releases and long-term holdings.

The theory is that if institutions begin hoarding XRP for liquidity purposes, a supply squeeze could follow, driving prices up exponentially.

Rowen Exchange believes that, unlike retail-driven speculation, institutional usage brings sustained liquidity and volume, pushing prices higher over time.

The exchange uses these arguments to stress that a $10,000 price is not crazy but even a conservative estimate for XRP’s future. Notably, XRP is currently selling at $2.76, and reaching $10,000 would require an astonishing growth of 362,218%.

At this price, XRP’s market cap would be around 1 quadrillion dollars. However, in his commentary, John Squire stressed that market cap analysis is irrelevant in XRP’s case.

“Market Cap Does Not Matter”

To explain why he believes XRP is destined to reach $10,000, John created a hypothetical scenario based on the global financial market.

John painted a scenario where a tokenized global economy is worth 1 to 2 quadrillion dollars, and XRP handles just 10% of that. To support this level of trading and trillions in daily settlements, XRP’s price “must reach” $10,000 or more.

John also pointed out that moving $1 trillion daily doesn’t require $1 trillion in liquidity; just $20 billion will suffice. This perspective assumes that 2 million XRP tokens, each worth $10,000, are used up to 50 times daily to execute $1 trillion in transactions.

Another argument John made for why the $10,000 price “is attainable” is XRP’s circulating supply of only 57.7 billion tokens.

According to John, for global liquidity to function properly, the price must be high enough to accommodate massive volumes. So, he reiterates that market cap analysis doesn’t matter.

The Bottom Line

These arguments suggest that if XRP becomes the backbone of institutional liquidity and global settlements, reaching $10,000 might not be speculative—it could be a conservative estimate.

However, critics continue to dismiss these arguments as wishful thinking rather than anything concrete.