Overview
- Santiment, which reported Tuesday, said 332,230 XRP Ledger addresses now hold at least 10,000 XRP as the price consolidates near $1.45 to $1.46.
- The cohort has climbed since June 2024 after a brief drop between February 6 and 8 that aligned with a broader market selloff before rebounding to a new peak.
- Address counts do not equal investor counts because exchanges pool many users under a few wallets, and 10,000 XRP is roughly $14,000, which filters out smaller balances.
- XRPL governance is moving forward, with the fixCleanup3_1_3 amendment expected to activate on May 27 and a separate lending-protocol vote holding about 22% support with balloting still open.
- Analysts are watching resistance near $1.48 to $1.50 and say a clear move above $1.60 could shift short‑term momentum if buying pressure builds.