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how many xrp holders are there

With 47.3 million unique XRP wallets as of February 2023, the digital asset continues to gain traction due to increased awareness and industry growth.

Oct 17, 2024 at 12:12 pm

1. Number of XRP Holders: An Overview

As of February 2023, there are approximately 47.3 million unique XRP wallets. This number represents the total number of addresses that have ever held XRP, including both active and inactive wallets.

2. Breakdown of XRP Holders

The 47.3 million unique XRP wallets can be further broken down into the following categories:

  • Active wallets: These wallets have had at least one transaction in the past 30 days. As of February 2023, there are approximately 2.5 million active XRP wallets.
  • Inactive wallets: These wallets have not had any transactions in the past 30 days. As of February 2023, there are approximately 44.8 million inactive XRP wallets.

3. Growth in the Number of XRP Holders

The number of XRP holders has been growing steadily over the past few years. In 2019, there were approximately 22 million unique XRP wallets. This number has more than doubled in the past three years.

4. Reasons for the Growth in XRP Holders

The growth in the number of XRP holders is likely due to several factors, including:

  • Increased awareness: XRP is becoming more well-known as a digital asset with a variety of use cases.
  • Growth of the blockchain industry: The overall growth of the blockchain industry is likely leading to an increase in the number of people holding XRP.
  • Partnerships and collaborations: Ripple, the company behind XRP, has been expanding its partnerships with businesses around the world. This is helping to increase the adoption of XRP.

5. Conclusion

The number of XRP holders is growing rapidly, and there are currently approximately 47.3 million unique XRP wallets. This growth is likely due to increased awareness of XRP, the growth of the blockchain industry, and the partnerships and collaborations that Ripple has formed.

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