Retail Adoption Spikes as XRP Wallets Holding 1,000 to 100,000 Tokens Hit New ATH Above 1.12M

The number of XRP wallets with balances ranging from 1,000 to 100,000 tokens has hit a new all-time high above 1.2 million.

This uptick in wallet addresses, which confirms growing adoption, comes despite the ongoing market downtrend that has triggered massive losses for XRP. Specifically, XRP has collapsed nearly 40% this year to a low of $1.10, with a close to 70% decline from the peak of $3.66.

While prices have struggled, on-chain data indicates that the market continues to see an influx of users, as adoption grows. Notably, the number of XRP wallets holding 1,000 to 100,000 tokens has now grown to a new all-time high of exactly 1,120,198.

Retail XRP Wallets Growth

This is according to data sourced by Santiment, a market intelligence platform. Of the 1.12 million figure, wallets holding 1,000 to 10,000 XRP tokens account for the larger share, amounting to 819,690. Meanwhile, there are 305,080 addresses with 10,000 to 100,000 XRP.

Despite holding fewer tokens than whale wallets, these smaller addresses are a more accurate assessment of retail adoption. As a result, their steady increase since the start of the year indicates that the XRP ecosystem has continued to attract new users despite the current price struggles.

For context, after reaching a combined peak of 1,095,830 on Feb. 6, 2026, these XRP wallets saw a drastic decline in their number, reaching 1,088,450 by Feb. 10. This marked a loss of about 7,380 retail wallets within four days.

Notably, the drop occurred on the back of the market-wide crash on Feb. 5, which resulted in a massive 19.7% intraday slump for XRP. The altcoin dropped further to a low of $1.11 the next day before staging an impressive comeback that saw it rise 21.07%. 

With this rebound, retail wallets resumed their growth path, but it took nearly two weeks to recover the lost figure. The growth has since remained consistent amid the prevalent price uncertainty, and the latest figure shows that XRP has added over 36,000 retail wallets since the Feb. 6 drop.

XRP Accumulation Trend

In addition, this cohort of retail XRP wallets has continued to accumulate more tokens, albeit at a slow pace, as the ongoing price downtrend provides an opportunity to procure more for less.

Notably, at the start of the year, wallets with 1,000 to 100,000 XRP held a cumulative balance of 10.48 billion tokens. Today, this figure has increased to 10.73 billion XRP, indicating that they have accumulated 250 million XRP year-to-date.

However, this pales in comparison with the figures recorded by whale accounts. While fewer in number, wallets holding 1 million to 100 million XRP have added 1.38 billion tokens since the start of this year. This has contributed to the resilience displayed by XRP above the $1 price mark despite the persistent downturn.