How many individuals own XRP?
How many Ripple holders are there? According to data provided by CoinCarp XRP is held by 4,840,747 individual wallets as of February 6, 2024. The top 10 Ripple token holders hold over 11% of the total token supply, and the top 100 hold over 33%.
| Max supply: | 100,000,000,000 XRP |
|---|---|
| Active accounts: | 5,146,989 |
| Total available: | 99,987,712,642 XRP |
| Burned: | 12,287,358 XRP |
| Escrowed: | 40,408,499,466 XRP |
The top 10 largest holders of XRP include two addresses from Ripple, holding 3.69% and 2.90% of the circulating supply respectively, two from Binance with 2.78% and 1.75%, two from Uphold with 2.58% and 1.57%, and one each from Upbit (1.58%), Kraken (1.39%), an unknown holder (1.29%), and Bitbank (1.22%).
XRP wallets holding at least 10,000 tokens have recently grown to an all-time high number of 277K amid a recent price uptick, which has pushed XRP up by 25% in less than two weeks.
Chris Larsen and Brad Garlinghouse may have seen the greatest benefits from their Ripple holdings, but they are not the only ones who have profited significantly from XRP's stellar gains. Jed McCaleb, another Ripple co-founder, left the company in 2013 but retains 5.3 billion XRP as of February 2016.
These conditions include maintaining the current high inflation rates, establishing XRP as the preferred global cross-border payment currency with minimal competition, and significant tokenization in top global markets. However, this view assigns only a 5% likelihood to XRP actually reaching the $10,000 mark.
In a recent proposal by Edward Farina, the Head of Social Adoption at #XRPUpdate Healthcare, a hypothetical scenario was presented whereby the price of XRP has the potential to see a significant increase, reaching a value of $10,000.
How much XRP do you own? According to data from XRPScan.com, the top 100 XRP holders own a total of about 13.4 billion XRP. This means that the average XRP holder in the top 100 owns about 134 million XRP.
XRP is currently supported by more than 100 financial institutions, banks, and payment systems, including Bank of America, PNC Bank, Siam Commercial Bank, Santander Bank, and Standard Chartered Bank. Early in its lifecycle, #ripple targeted banks and financial institutions to adopt the XRP blockchain.
XRP has a circulating supply of 55.05B coins and a max supply of 99.99B XRP.
Why do I have to keep 10 XRP?
The base reserve (now 10 XRP) sets the minimum XRP that must be sent to create a new account, and the owner reserve (now 2 XRP per item) increases an account's reserve for each additional object the account owns in the ledger's state data, such as Offers, trust lines and Escrows.
Can XRP price reach $100? While it's theoretically possible for XRP to reach this price, it would require substantial market shifts or a major supply reduction. If the project were to reform significantly to drive value to the XRP token, there is every chance that XRP could soar to new highs.
Yes. It can. People will often mention the market cap being too high for this to happen. There are 100 billion XRP not all are in Circulation and at any one time a fraction of that will be available.
According to bitinfocharts.com, Ripple handled nearly 700,000 transactions in the last 24 hours. It's obvious to me that in order for Ripple to make millionaires out of its investors, adoption would need to rise substantially over the long term. As demand increases for the digital coin, its price should as well.
The stablecoin will be backed by US dollar deposits and short-term government Treasuries, with all reserve assets audited by a third-party accounting firm, alongside monthly attestations. “We are at the start of a paradigm shift,” said Markus Infanger, senior vice-president of RippleX, a business unit within Ripple.
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Therefore, our XRP price prediction forecasts a price of $1.80 by the end of 2024. Depending on the lawsuit's outcome and crypto market conditions, it could go much higher, potentially reaching $3.10.
Will XRP reach $1 any time soon? So XRP should gain plenty of value over time from Ripple's money-transfer operations, and the token also benefits from the market-moving impact of predictable Bitcoin gains. I can't promise that XRP will reach $1 per token in 2024, but the general trend line certainly points upward.
While it is theoretically possible, several factors make this price target highly unlikely soon. Start Your Free Trial Today and Uncover Your Token's Price Prediction and Forecast on Token Metrics. To reach $500, XRP's price would need to increase by approximately 100,000% from its current price of $0.50.
Ethereum (ETH-USD): Even with its relatively high price ETH has 5x upside. XRP (XRP-USD): XRP is free legally and remains the top cross-border transaction token. Cardano (ADA-USD): Strong fundamentals and low price are the prime factors for Cardano.
How much should I invest in XRP to become a millionaire?
A price of $100 would make 10,000 XRP worth $1 million. At XRP's present value, investors could procure these tokens with $6,300. While these projections present a bullish outlook, market participants should take them with a healthy measure of skepticism.
What Gives XRP Value? XRP gets its value from various factors, but mostly from Ripple's ability to work with institutions and from its ability to quickly and cost-effectively be exchanged for any currency or asset.
| Amount | Today at 9:41 pm |
|---|---|
| 50 XRP | $29.76 |
| 100 XRP | $59.51 |
| 500 XRP | $297.58 |
| 1,000 XRP | $595.15 |
| Company type | Private |
|---|---|
| Key people | Ryan Fugger (Concept Originator) Alan Safahi (Advisory Board) David Schwartz (Chief Cryptographer and Chief Technology Officer) Ken Kurson (Advisory Board) Brad Garlinghouse (Chief Executive Officer) |
| Products | Ripple Payment and Exchange Network |
| Number of employees | 1,120 (2023) |
Amazon confirms a groundbreaking partnership with Ripple, integrating XRP for payment transactions. Ripple's XRP set to offer faster, more efficient payment solutions for Amazon's global customer base.
