Researcher Warns Against Not Holding XRP. Here’s Why
By: times tabloid|2025/05/08 04:00:09
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The recent increase in XRP wallet activity has prompted market observers to issue warnings to those still on the sidelines. Rob Cunningham, a market researcher and writer, has argued that failing to invest in XRP at this stage could prove to be a major missed opportunity, especially as adoption indicators continue to strengthen.Growth in Wallets Holding 10,000 XRP or MoreAccording to on-chain data from Glassnode, the number of wallets containing at least 10,000 XRP tokens has surpassed 300,000 for the first time. This milestone represents a significant increase in larger holders, despite the ongoing volatility in the broader crypto market. The asset has struggled to maintain support above the $2.2 mark, with four consecutive days of price declines from May 2 to May 5.Although XRP saw a modest rebound on May 6, it remains under pressure below $2.2, often flipping between acting as resistance and support. Despite this uncertainty, the growing number of addresses with substantial holdings suggests many investors are taking advantage of the current prices to accumulate more XRP.Community Commentary on Whale BehaviourSoftware engineer and prominent XRP community member Chad Steingraber has highlighted the growing number of whale wallets as a sign of increasing investor confidence. He believes this trend, if sustained, could exert upward pressure on the token’s value in the coming months.In response to these developments, Cunningham conducted an AI-assisted analysis of the wallet distribution. He estimates that of the 300,000 wallets, a significant portion may belong to the same individuals. By his calculation, the actual number of unique holders of wallets with 10,000 XRP or more may be closer to 200,000.Thank you, @ChadSteingraber! You triggered me to do a @grok search with your post below!“Approximately 0.0032% of the world's adult population (200,000 out of ~6.19 billion adults) owns more than 10,000 XRP. This is a tiny fraction, reflecting the niche nature of cryptocurrency... https://t.co/GEelwGG9uQ— Rob Cunningham | KUWL.show (@KuwlShow) May 4, 2025Early Adoption Suggests Room for GrowthCunningham emphasized the relative scarcity of high-balance XRP holders when compared to the global adult population. His estimate indicates that only around 0.0032% of adults currently hold 10,000 or more XRP tokens. This low penetration rate, according to him, reinforces the argument that the token remains in the early stages of adoption, even over a decade since its creation.We are on twitter, follow us to connect with us :- @TimesTabloid1— TimesTabloid (@TimesTabloid1) July 15, 2023This underrepresentation, in his view, highlights a potential entry point for new investors. Cunningham argues that individuals without XRP exposure are at a disadvantage, especially if predictions about the asset’s future valuation prove accurate. In his words, “the worst place for anyone to be right now is with No Wallet and No XRP”Price Projections Fuel OptimismSeveral analysts continue to share optimistic long-term price targets for XRP. Last month, market commentator Cryptominder projected that XRP could reach $50 by 2030, a gain of over 2,200% from the current trading price of $2.13. Other analysts are even more bullish, suggesting that a $100 valuation is possible within the decade, driven by increasing adoption and potential regulatory clarity.As the market monitors further developments, the growing interest in XRP from larger holders may serve as a signal for retail investors evaluating whether to enter or expand their positions.Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.Follow us on Twitter, Facebook, Telegram, and Google News The post Researcher Warns Against Not Holding XRP. Here’s Why appeared first on Times Tabloid.
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