XRP Sees 42 New Millionaire Wallets Amid Price Dip in 2026
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: 1h ago- Wallet Growth Trend: Since the start of 2026, XRP has added 42 wallets holding at least one million tokens, marking the first increase since September 2025, despite a modest price decline of about 4%, indicating accumulation intentions among large holders.
- Price and Holding Divergence: Although XRP is currently trading around $1.90 and has slipped from earlier January levels, the increase in high-balance holders suggests potential confidence in the market during this consolidation phase, possibly laying the groundwork for future price rebounds.
- Technical Indicators Caution: XRP's price is currently about 25% below its 200-day moving average, and the 30-day Sharpe Ratio is close to zero, indicating that recent returns have not effectively compensated for volatility risks, leading to a cautious market sentiment.
- 2026 Outlook: 21Shares projects a base-case price for XRP near $2.45, with a bull case around $2.70 and a bear case closer to $1.60, emphasizing the importance of regulatory clarity and ETF inflows for future price justification.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
