Ripple’s XRP token, one of the most popular cryptocurrencies in the world, has surged close to 600% in the last 3 months. With such a wild increase, it is important to address the following question: Who owns the most Ripple (XRP)?

You see, a token’s distribution has to be diverse, as concentration means that the majority holder of the token can heavily manipulate the price at any major buy or sell position. Understanding who holds the most XRP can be key for investors to make a long-term buying or selling decision about this popular cryptocurrency. 

In this article, we’ll provide an overview of the number of XRP holders, the token holder distribution, and the possible impacts of this ownership in the future.

Overview of XRP holders

Ripple Labs, the creator of the XRP token, is reported to hold the largest share of the token’s supply, amounting to 46 billion XRP. Also, Chris Larsen, the co-founder of Ripple Labs, reportedly holds 5 billion XRP. Major cryptocurrency exchanges also hold a substantial amount of XRP, with Binance holding 1.83 billion tokens.

As of January 24, 2025, XRP is trading at approximately $3.16 per token. The cryptocurrency has experienced an intraday high of $3.18 and a low of $3.04. The 24-hour trading volume stands at $8.2 billion, contributing to a market capitalization of around $182 billion.

XRP 1D chart | Source: crypto.news

How many people own XRP?

Due to the anonymous nature of cryptocurrency transactions on the blockchain network, it is almost impossible to calculate the number of XRP holders. However, it is possible to track the multiple wallet addresses that hold this token. 

According to the latest data col

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Author: Hassan Shafiq