- The XRP Ledger has reached a record 332,230 wallets with 10,000 or more XRP.
- Growth after early-year immersion shows long-term impact.
- The price of XRP appears above the critical resistance around $1.50.
The XRP cryptocurrency continues to float in low waters below $1.50, mostly fluctuating along with the top altcoins.
Currently, the XRP Ledger has reached a new peak, with on-chain data showing all wallets holding at least 10,000 XRP.
But what does the size of the bag mean? And can a large gain push prices above a major resistance level?
XRP Ledger wallet size: Large scale for a group of 10,000+
Whales have bought a lot of dips on major altcoins in recent weeks, and on-chain metrics reflect this as well as the XRP Ledger.
Data shows a new surge in crypto penetration coincides with the rise of XRP. In particular, addresses with 10,000 XRP or more have increased to 332,230.
According to the information Santiment shared earlier on Wednesday, this is the highest mark ever recorded for the group. The growth has continued in the 2026 price decline, as XRP has traded up to recent highs.
Incidentally, the accumulation has increased after the big dip between February 6 and 8, which saw more than 4,500 wallets drop from the 10k or so stack.
The big drop as seen in the chart below is related to the bleeding of the crypto market that caused the big close on February 5.
This concentration reflects the accumulation of judgment-driven investors.
Analysts say such whales are less likely to be swayed by volatility and are more focused on XRP’s use and long-term outlook.
It’s a move that shows increasing institutional adoption, especially since cryptocurrencies have been performing well for several weeks.
The price of XRP shares
As we have seen, the price of XRP is currently consolidating below the resistance level of $1.50.
However, it is forming a cross between the recent rise in the risk material, which is approaching $1.45 as of writing on May 13, 2026.
Bitcoin’s push for a retest of $82,000 means volatility for altcoins, and XRP may show some sentiment as more risk slowly creeps into the market. However, buyers may be wary of excessive breakage.
In this case, the indicator faces the latest resistance at the level of $1.50, where the initial resistance has been passed.
From a technical perspective, XRP is showing strong consolidation on the daily chart, with support holding at the 50-day moving average of $1.35.
Meanwhile, the RSI indicator is moving in the neutral zone, which means that there is some room to go before entering the price zone.
A breakout could allow bulls to follow $2.00 and $2.75. The main target could be a return above $3.00.
Conversely, a break below $1.35 would mean a repeat of the $1.20 lows.
