The post XRP News: XRP Ledger Hits Record High as Large Wallet Accumulation Surges appeared first on Coinpedia Fintech News
The XRP Ledger is quietly showing one of its strongest long-term accumulation signals in years. New data from market intelligence platform Santiment that wallets holding at least 10,000 XRP have now reached a new all-time high.
Meanwhile traders closely watch whether XRP can finally break above the key $1.50 resistance zone.
XRP Wallets Reach Record High
According to Santiment data, the XRP Ledger now contains roughly 332,230 wallets holding at least 10,000 XRP tokens each, the highest level ever recorded.
The data shows wallet growth has steadily climbed since June 2024 despite several major crypto market corrections throughout 2025 and 2026.
Most of the newly added wallets reportedly hold between 10,000 and 100,000 XRP, placing many of them among the top 5% of XRP holders globally.
Santiment noted that this type of accumulation usually reflects long-term positioning rather than short-term speculative trading.
At the same time, Ripple CEO Brad Garlinghouse recently said Ripple is βclose to the finish line,β while continuing to highlight the XRP Ledgerβs fast settlement speeds, low transaction costs, and more than 4.2 billion total transactions processed since 2012.
Institutional Activity Driving XRP Ledger Growth
Beyond wallet growth, XRP Ledger activity has also expanded sharply over the past year.
Monthly XRP Ledger transactions jumped from roughly 43 million a year ago to a new all-time high near 71 million in April, representing around 65% year-over-year growth.
Unlike previous retail-driven cycles, Santiment says much of the recent growth appears tied to institutional settlement activity. As of now, XRP ETF holdings have also climbed toward roughly $1.36 billion, adding further institutional exposure to the ecosystem
Santiment also highlighted increasing ecosystem activity connected to, Bitstamp, Ripple USD, Braza Bank and Expanding XRPL DeFi infrastructure
XRP Price Still Faces Key Resistance
Despite the strong on-chain growth, XRP price action remains stuck in short-term consolidation. As of now XRP is trading near $1.44 while traders closely monitor the important $1.50 resistance level.
Technical charts show momentum cooling slightly on lower timeframes following recent selling pressure, although the broader market structure still remains bullish.
Analysts believe a successful breakout above $1.50 could open the door for a larger move toward the $1.60β$1.66 range in coming weeks.