XRP news today: XRP Addresses Holding 10,000+ Tokens Surpass 300,000 Amid Price Surge

A notable shift in XRP network dynamics was highlighted this week by cryptocurrency influencer Amonyx, who shared recent Glassnode data showing that the number of XRP addresses holding at least 10,000 tokens has surpassed 300,000 for the first time. The chart posted by Amonyx indicates a steady rise in large-balance addresses, coinciding with key price movements in XRP from mid-2024 through early May 2025.

Amonyx described this on-chain development as “insanely bullish” and “absolute proof of surging investor confidence.” The influencer’s message emphasizes that substantial players, often called “whales,” are increasingly accumulating XRP in significant quantities. “The big money knows what’s coming. Do you?” the tweet concluded.

The Glassnode chart visualizes a clear upward trajectory in the number of addresses holding at least 10,000 XRP, represented in green. Starting below 278,000 in July 2024, the metric moved higher steadily, facing a brief and shallow dip in late November. It resumed a strong upward pace in early December, closely aligning with a major surge in XRP price during the same period. By May 2025, the number surpassed 300,000 — a symbolic milestone for the network’s distribution and investor engagement.

The black line in the chart represents XRP’s market price in USD. Notably, the price spiked significantly in November 2024 and experienced volatility through the first quarter of 2025, yet it remained above the $2 mark most of that time. Despite the fluctuations in price, the continued growth of large-balance holders suggests a long-term commitment by significant investors, rather than short-term speculative activity.

In response to Amonyx’s post, X user Rippledata added context by stating, “Indeed, the whale phenomenon of XRP is eye-catching, and breaking through 300,000 holders shows strong confidence in the market. The inflow of large funds often indicates a possible upward trend in the future.” This remark echoes a commonly held belief in the crypto space that accumulation by whales often precedes or accompanies major price movements.

While retail interest remains a factor in XRP’s performance, this latest update shifts attention to institutional or high-net-worth participants who appear to be positioning themselves ahead of potential regulatory or market developments. The accumulation trend may also reflect growing optimism around the broader adoption of XRP’s underlying technology in cross-border payments and tokenization frameworks.

The data from Glassnode and the commentary surrounding it reinforce a narrative of strengthening support for XRP among investors holding substantial quantities. As this address metric continues to climb, market participants and analysts will likely monitor whether such behavior correlates with sustained upward momentum in XRP’s valuation.