A new XRP Rich List update was recently shared by crypto influencer John Squire, highlighting the distribution of XRP holdings across wallets and offering fresh insight into how much XRP is required to be ranked among the top percentage holders. According to the data, a wallet holding just over 2,486 XRP now places its owner in the top 10% of XRP accounts. Furthermore, a balance of 50,637 XRP is enough to rank within the top 1% of wallets by holdings. The chart shared by Squire, originally compiled from publicly available ledger data, breaks down the XRP distribution into percentage brackets ranging from the top 0.01% to the top 10%. At the extreme top, only 663 wallets qualify for the 0.01% tier, each holding over 5.73 million XRP. The 0.1% bracket includes wallets with at least 369,080 XRP, while 0.5% of wallets hold over 100,000 XRP. According to the chart, the top 1% begins at just over 50,637 XRP. $XRP Rich List just dropped 2,500 XRP puts you in the top 10%. 50,650 XRP? That’s the 1% club. Still think you're "just getting started"? Check again. You might already be ahead of 99%. pic.twitter.com/V3RD3XYadY — John Squire (@TheCryptoSquire) August 3, 2025 Squire’s View: Many XRP Holders Underestimate Their Position Squire commented that many XRP holders might underestimate their positioning within the broader ecosystem. He suggested that some individuals who believe they are “just getting started” may already be ahead of 99% of accounts based on the current wallet data. This sentiment, intended to motivate holders, was grounded in the interpretation of the wallet distribution figures. However, the data has also prompted scrutiny from several users within the XRP community who questioned its accuracy and usefulness. Community Pushback on Wallet-Based Metrics One user, identified as PAPA2MAXX, argued that the figures provided in the list may not present a clear or reliable picture of actual ownership distribution. According to this user, many individuals hold XRP across multiple wallets, which significantly skews the data. They further claimed that the number of people truly holding over 50,000 XRP is much smaller than the list implies, estimating it to be closer to around 1,200 individuals rather than the 66,330 accounts identified as representing the top 1%. Another community member, DanielThaLion, echoed this concern by stating that he holds XRP across five different wallets. He also emphasized that many of the highest-balance wallets are custodial accounts owned by centralized exchanges. These large wallets may represent the combined assets of thousands of users, but in such reports, they are treated as single wallet holders. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Additionally, users who store their XRP on exchanges do not appear individually on such lists, as their balances are aggregated into exchange wallets, further distorting the actual distribution of wealth among individual holders. Challenges in Assessing Ownership Distribution These concerns highlight a broader challenge in interpreting blockchain data for asset distribution. Wallet count does not equate to individual holders, and the presence of multi-wallet users and exchange custodians significantly complicates any attempt to assess wealth concentration. While John Squire’s update presents a factual breakdown of wallet balances based on ledger data, it may not fully represent the distribution of XRP ownership across individuals. Nevertheless, the figures remain useful as a general benchmark for understanding wallet stratification. According to the data, wallets holding at least 16,299 XRP are within the top 3%, while those with 8,758 XRP make it into the top 5%. The 10% mark, as referenced by Squire, stands at just above 2,486 XRP. This positioning framework provides a comparative look at holdings, although it cannot offer a definitive picture of how many individuals hold these balances. 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 advised to conduct thorough 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 X , Facebook , Telegram , and Google News The post XRP Rich List Update Just Dropped: How Much You Need to Join Top 10% and 1% Holders appeared first on Times Tabloid .
