XRP Surges 13% as Millionaire Wallets Add 1.53B Tokens

Leading crypto analytics platform Santiment has highlighted XRP’s recent surge, attributing it to improving market conditions alongside increased accumulation by the token’s largest holders.

In a recent update, Santiment noted that XRP staged a sharp rebound, rising roughly 13% within 24 hours and briefly reclaiming the $1.28 level for the first time in two weeks. 

According to the analytics firm, the rally followed a broader market recovery as investors responded positively to reports that the U.S.-Iran conflict has reached a resolution. As geopolitical uncertainty diminished, traders regained confidence in risk assets, fueling gains across the cryptocurrency market.

While many altcoins benefited from the improved macro environment, Santiment argued that XRP’s recovery was significant because it came after a period of intense bearish sentiment. In recent weeks, investor confidence in XRP had fallen to one of its lowest levels of 2026, especially as the token retraced to $1.05. Consequently, the easing of market fears created ideal conditions for a powerful relief rally.

Millionaire Wallets Expand Their Control of XRP Supply

Notably, Santiment identified growing whale accumulation as a major driver behind XRP’s recent price strength. The firm’s on-chain data shows that wallets holding at least 1 million XRP now control 74.1% (45.98 billion tokens) of the asset’s total circulating supply. 

Interestingly, these large holders have continued accumulating despite recent market weakness. Over the past six months alone, millionaire wallets added approximately 1.53 billion XRP to their balances. This steady accumulation suggests that major investors remain confident in XRP’s long-term outlook even during periods of heightened volatility.

Ripple’s Institutional Expansion and Growing Tokenization Activity on XRPL Reinforce Investor Confidence

Beyond whale activity, Santiment also highlighted Ripple’s expanding institutional payments ecosystem and the growing tokenization activity on the XRP Ledger as key factors supporting long-term optimism.

Ripple has continued to pursue strategic partnerships and infrastructure initiatives aimed at strengthening cross-border payments and enterprise blockchain adoption. As part of this effort, the company moved to acquire BC Payments Australia to secure an Australian Financial Services Licence (AFSL) and broaden the reach of its payment solutions in the region.

Earlier this year, Ripple’s subsidiary, GTreasury, acquired Solvexia to enhance its operational and reporting capabilities, further strengthening its enterprise-focused offerings.

Moreover, tokenization activity on the XRP Ledger continues to accelerate. Data shows that tokenized assets on XRPL have reached $3.7 billion in represented value, while the network hosts 293 real-world asset (RWA) projects.

As the tokenization market expands, many investors increasingly view XRP and the XRP Ledger as potential beneficiaries of the broader shift toward blockchain-based financial infrastructure. 

XRP Maintains Weekly Gains Despite Pullback

Meanwhile, XRP has surrendered a portion of its recent gains. As of press time, the token trades around $1.23, down from its intraday highs.

Nonetheless, XRP remains up 4.3% over the past 24 hours, while its weekly gain stands at 5.79%. The asset’s ability to hold onto most of its recent advance suggests that improving market conditions, combined with continued whale accumulation and institutional growth, continue to provide support for the cryptocurrency.