XRP 10,000-Token Address Count Rose by 16,815 in Nine Months

An on-chain snapshot showed 16,815 more XRP addresses holding at least 10,000 tokens through Nov. 11, raising the cohort to about 343,500 and producing a 5.15% increase over nine months.

The gains came during a period of price weakness, though the snapshot does not establish a transaction path. XRP fell roughly 30% over seven weeks and stood at $1.06, down 0.6% in the previous 24 hours. Holdings at a snapshot cannot show who bought, sold or merely transferred tokens.

What changed at the million-token threshold?

The number of addresses holding at least one million XRP reached 2,147, a 2026 high. The group added 28 addresses in the 10 days through early November. That is a measured count, not 2,147 separate economic owners, because one person or organization can control multiple addresses.

Compared with the 16,815 increase at 10,000 tokens, the 28-address addition is a much smaller absolute move. The tiers cover different balance bands, so their counts and additions should not be read as equivalent groups of holders.

How much supply sat in the largest cohort?

Addresses holding at least 10 million XRP held about 46.87 billion XRP, or 68.5% of supply, as of early November. Their share was the largest since late 2022, according to the address data.

For market structure, that is the central change. A majority of measured supply sat within the highest balance tier during a seven-week price decline, but the snapshot cannot determine whether the group added exposure, transferred XRP among its own addresses or simply received transfers from other holders.

Large-balance concentration can therefore look like accumulation even when ownership stays constant. It can also change when one address consolidates balances from several others, making the top-tier share rise without a net purchase.

What can address counts prove?

The central caveat is straightforward: the figures count addresses, not people. One person or organization can control multiple addresses, and transfers between addresses can change the counts. The data therefore do not establish whether individual holders bought, sold or moved XRP.

Thresholds determine who appears in each cohort. Crossing 10,000 tokens can add an address to the first group, while crossing one million or 10 million moves it into a higher group. The same transfer can therefore lower one count and raise another without changing overall holdings.

That makes the data useful for tracking concentration by balance band, but less useful as a direct proxy for buying pressure or the number of unique investors. Entity labels and transfer history would be needed to answer those questions.

Do not confuse the 343,500 count with total XRP Ledger adoption. Earlier coverage put the network’s total nonempty wallets at 8.24 million. The 10,000-token cohort applies a stricter filter, while the 8.24 million figure includes all nonempty wallets regardless of balance.

What does this change for XRP investors?

The practical answer is narrow: the snapshot indicates more addresses in the 10,000-token tier and a larger top-tier share of supply, not necessarily more independent owners. It also does not convert the seven-week 30% decline into evidence of broad selling, because balances can remain concentrated through transfers.

Investors and analysts should read the figures as a concentration signal before treating them as a demand signal. The 16,815-address increase and 68.5% supply share are meaningful measurements, but their interpretation depends on whether balances reflect new purchases, custody reshuffling or internal movement.

The next useful checkpoint comes after Nov. 11: do the million-token and 10-million-token cohorts retain their gains as the broader nonempty-wallet total changes? Persistent tier growth would strengthen the concentration reading; offsetting transfers would weaken the claim that unique holders accumulated XRP.