XRP Price Outlook Strengthens as Million-Token Wallets Hit Annual High

6 hours ago 4

Rommie Analytics

XRP, the native cryptocurrency of the XRP Ledger, is up 2.15% since yesterday, trading at $1.27. The uptick aligns with broader crypto market stability after the Binance exploit and Bitcoin holding above $77,000. However, XRP’s bullish momentum could be attributed to growing large-wallet accumulation, as accounts with 1M tokens reached 2,147, its highest level in 2026.

1M+ XRP Addresses Reach 2026 Peak

Last week, the cryptocurrency market witnessed a panic sell-off when the largest cryptocurrency exchange, Binance, faced a massive security breach, where attackers stole $6.3B worth of digital assets. The incident pushed Bitcoin to $76,000 and top altcoins like Ethereum to $2,170 and XRP to $1.2.

However, the Ripple cryptocurrency managed to rebound over 6% from the $1.2 floor to its current trade at $1.27. The uptrend gained momentum from increasing whale conviction, as XRP wallets with at least 1M tokens have surged to 2,147, its highest number in 2026 according to Read Entire Article