📊 Average $XRP Held Per Wallet: The Numbers Behind the Surface
A recent update on XRP wallet distribution revealed an average balance of 12,350.86 XRP per account. While that figure may appear impressive, it doesn’t reflect what most holders actually own. In cryptocurrency networks like XRP, averages can be misleading because a small number of very large wallets dramatically skew the results.
🔹 Concentration Among Major Holders
The dataset includes nearly 4.7 million XRP addresses with over 58 billion tokens in total. Yet, a handful of massive wallets dominate the landscape:
5 wallets each hold 1 billion+ XRP, totaling 7.4 billion XRP.
22 wallets in the 500M–1B range hold 12 billion XRP combined.
58 wallets holding 100M–500M XRP control another 12.25 billion XRP.
Together, these accounts represent a huge portion of the supply and heavily inflate the overall average.
Even mid-sized wallets show significant concentration:
131 wallets (20M–100M XRP) = 5.19B XRP
168 wallets (5M–10M XRP) = 1.14B XRP
🔹 What Most Wallets Actually Hold
In contrast, the majority of $XRP addresses hold much smaller amounts:
2.38 million wallets hold 20–500 XRP (≈176.7M XRP total).
1.3 million wallets hold 0–20 XRP (≈16.6M XRP total).
Altogether, more than 3.7 million wallets — roughly 80% of all XRP addresses — hold less than 500 XRP. This makes the “average” figure of 12,350 XRP per wallet far from representative.
🔹 Median Gives the True Picture
Analysts note that the median value offers a clearer look at what typical holders own. While exact median data isn’t available, estimates suggest it falls within the 20–500 XRP range — likely around 300 XRP.
That’s a stark contrast to the 12,350 $XRP average and highlights the significant wealth concentration within the network.
