$XRP

Ripple Rich List: this is the amount of XRP you need now for the top 10%

The price of XRP increased by more than 30 percent in July. Good news for investors, but less pleasant for those still hoping to join the XRP rich list. The price increase has made it much more expensive to be among the top 10% or the top 1% of all XRP owners.

This is what you need to be in the top 10%

Those who own more than 2,486 XRP are currently among the top 10 percent richest XRP holders worldwide. New figures from analyst John Squire show this shared on X. At a rate of approximately $3 per XRP, that amounts to approximately $7,468.

The numbers illustrate how unevenly distributed XRP is. Therefore, there are only 663 wallets, each containing more than 5.7 million XRP — which is the top 0.01% of all holders, as shown below:

The richest 0.1%: from 369,080 XRP

The top 0.5%: from 100,000 XRP

In other words: anyone who owns 100,000 XRP belongs to the top half percent richest in the network. This emphasizes how small the group is that holds a large part of the XRP supply in their hands.

This is the amount of XRP you need for the top 1%

According to Squire's analysis, the current limitations are as follows:

Top 1%: from 50,637 XRP

Top 2%: from 25,639 XRP

Top 3%: from 16,299 XRP

Top 5%: from 8,758 XRP

Top 10%: from 2,486 XRP

In total, 663,301 wallets have enough XRP to be in the top 10 percent. This means that a large portion of the network's assets are in the hands of a relatively small group.

‘The difference between the positions of the wallets is small, but the impact is significant,’ says Squire. ‘With a few thousand XRP, you are already much higher than many people think.’

Will XRP reach $30?

According to analyst Edoardo Farina, XRP is becoming increasingly less accessible for long-term retail investors. He warned in June: 'If you wait, you will pay much more for much less later on.'

Analysts like EGRAG also expect a strong increase. Some even think that XRP could approach $30 in the long term. If that happens, the 2,486 XRP you now need for the top 10% would suddenly be worth over $74,000.