XRP has shown some signs of recovery over the past 48 hours, climbing about 5.3% from its recent low, according to on-chain analytics platform Santiment. The rebound comes as investor confidence appears to be returning, coinciding with a steady rise in mid to large-sized XRP holders. Particularly, on-chain data shows that the XRP ecosystem now boasts more than 317,500 wallets holding at least 10,000 XRP tokens for the first time in its history.
Mid To Large XRP Holders Reach Record 317,500 Wallets
Despite XRP’s recent price woes alongside the rest of the crypto market, on-chain data reveals a burgeoning holder base among crypto investors. Notably, Santiment’s latest findings indicate that wallets containing at least 10,000 XRP tokens have reached an all-time high of approximately 317,500.
Santiment’s data chart illustrates that XRP’s network has added roughly 1.8% more wallets holding 10,000 or more tokens in just the last thirty days. Intriguingly, the upward trend has proven consistent throughout 2025.
This increase in mid-sized and large wallet counts suggests that many XRP investors remain unfazed by recent price fluctuations. Instead, many are capitalizing on lower prices to bolster their holdings. A growing segment appears to be purchasing XRP for long-term gains rather than chasing short-term price action.
XRP, currently hovering around the $2.35 range, may benefit from this expanding base of committed holders in the long term. Its price trajectory hinges on sustaining momentum above $2.3. If the bullish on-chain sentiment translates into consistent buying pressure, XRP could extend its rebound and target at least $2.8 before the end of the week.
However, should momentum stagnate, the price might enter another downward phase prior to a potential rise. Nevertheless, the record growth in wallets holding over 10,000 XRP establishes a robust long-term foundation that could underpin the cryptocurrency’s value in the weeks to come.
Number of 10K+ XRP Wallets. Source: Santiment
Ripple’s Acquisition Of GTreasury Adds Institutional Momentum
Ripple Labs, the company behind XRP, recently announced the acquisition of GTreasury for $1 billion, marking its third-largest deal in 2025. This acquisition integrates GTreasury’s treasury-management software, utilized by global corporations for managing liquidity, cash forecasting, payments, and risk, into Ripple’s suite of products.
With over 1,000 customers across approximately 160 countries and more than 40 years of experience in corporate treasury operations, GTreasury gives Ripple instant access to the multi-trillion-dollar corporate treasury market and large enterprise clients previously outside its scope. There are also reports that Ripple is planning to raise an additional $1 billion to build an XRP treasury.
At the time of writing, XRP was trading at $2.35.
Featured image from Unsplash, chart from TradingView