XRP News Today: XRP Community Unveils Updated Wallet Ranking Ladder

The updated XRP ranking ladder has been released, offering a symbolic and informal breakdown of wallet sizes across the XRP ecosystem. Prominent community figure JackTheRippler (@RippleXrpie) shared the latest version, categorizing XRP holders based on the number of tokens they own. The ladder outlines ten levels, from “Worm” at the lowest tier to “Big Whale” at the top, each corresponding to specific token thresholds. At the time of the post, XRP was trading at $3.08, giving each rank a corresponding dollar value [1].

The rankings are designed to highlight the stratification of XRP holdings and provide an accessible way for individuals to understand where they stand relative to other holders. The smallest rank, “Worm,” requires just one XRP, valued at $3.08, while the highest, “Big Whale,” denotes ownership of 50,000 XRP or more—equivalent to a minimum of $154,000. Below this, “Whale” holders own 25,000 XRP ($77,000), and the categories narrow progressively down to the smallest, with “Shrimp” and “Worm” representing the lower end of the distribution [1].

This ranking system is not tied to any official XRP mechanism but serves as a cultural reference for community members to assess their position within the broader ecosystem. A recent analysis of the XRP rich list revealed the significant capital required to join the top ranks. To break into the top 1%, investors need 50,637.37 XRP, slightly above the Big Whale threshold. To reach the top 0.1%, one would need 359,000 XRP, and the top 0.01% would require over 5.73 million XRP. Only 663 wallets currently hold this amount, though the number is expected to rise as whale accumulation continues [1].

The ranking ladder adds context to discussions around liquidity and market behavior, particularly as XRP attempts to maintain its position above the $3 psychological level. While the system does not reflect financial returns or index performance, it offers a visual and conceptual tool for gauging wealth distribution and market concentration. It also underscores the challenges faced by smaller investors in competing with large holders, a dynamic that is increasingly relevant as the market matures [1].

This informal ranking has generated interest among investors and analysts alike, with some viewing it as a useful reference in a rapidly evolving market. However, it should not be mistaken for investment advice or used to predict future price movements. The data is based on publicly available wallet information and does not include forecasts or projections [1].

Sources:

[1] title: Updated XRP Ranking Ladder Released. See Where You Stand

url: https://timestabloid.com/updated-xrp-ranking-ladder-released-see-where-you-stand/

[2] title: Latest XRP News, Opinions and Feed Today

url: https://www.binance.com/en/square/hashtag/XRP