XRP Rich List Update Reveals 2,396.7 Tokens Needed for Top 10% Entry

Ripple data shows 690,984 accounts now fall within the top 10% of XRP holders, requiring at least 2,396.7 tokens to qualify.

XRP

Summary

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Terms & Concepts
  • XRP: The native cryptocurrency of the Ripple network, designed for fast and cost-efficient cross-border payments.
  • Rich List: A ranked distribution showing how much of a cryptocurrency is held across wallets, often used to assess wealth concentration.
  • Ripple: A blockchain-based payment protocol that facilitates real-time cross-border transactions using its native token XRP.