The number of XRP millionaire addresses grew in the first half of 2026, with on-chain data showing a modest increase in wallets holding at least 1 million XRP.
Balance distribution statistics from XRP Rich List show that 2,018 XRP accounts held 1 million XRP or more as of July 8, 2026.
That marks an increase from 1,997 accounts on January 18, 2026, representing a net gain of 21 millionaire-status wallets over roughly six months.
The increase translates to growth of about 1.05% in the number of XRP wallets holding at least 1 million XRP, pointing to continued accumulation among large holders despite challenging market conditions.
The rise in XRP millionaire addresses was driven mainly by growth in mid-sized whale categories rather than the network’s largest holders.
Wallets holding between 20 million and 100 million XRP increased from 234 to 247 accounts during the period.
The largest holder segment, consisting of wallets with between 1 million and 5 million XRP, also expanded from 1,333 to 1,347 accounts.
Meanwhile, some upper-tier categories remained stable or declined slightly. Accounts holding more than 1 billion XRP were unchanged at six, while the 500 million to 1 billion XRP bracket fell from 19 to 18 wallets. The 100 million to 500 million XRP range also slipped from 63 to 62 accounts.
The data suggests accumulation was concentrated among mid-tier investors rather than the largest XRP whale wallets.
The relatively modest growth comes after a period of consolidation across the broader cryptocurrency market.
XRP’s subdued price movement
Throughout much of the first half of 2026, XRP traded in a subdued range compared to its strong 2025 rally. With prices generally fluctuating between $1.50 and $2, accumulating 1 million XRP required a capital commitment of roughly $1.5 million to $2 million.
The high cost of accumulating 1 million XRP likely slowed the creation of new millionaire wallets. Meanwhile, much of the supply remains concentrated among large holders, institutions, exchanges, and Ripple-related accounts, while XRP investment funds may be absorbing demand that would otherwise appear in on-chain whale wallets.
The latest XRP holder distribution data suggests steady accumulation rather than speculative buying.
Growth in the 1 million to 5 million XRP and 20 million to 100 million XRP categories offset declines in some higher balance tiers, pushing the total number of millionaire addresses higher. The trend indicates continued accumulation by larger investors during the first half of 2026 despite subdued market conditions.
XRP price analysis
At the same time, XRP continues to face an uphill battle in holding above the $1 support level. By press time, the asset was trading at $1.08, down more than 4% over the past 24 hours.
The token remains below both its 50-day simple moving average (SMA) of $1.19 and 200-day SMA of $1.48, signaling a broader downtrend. Trading beneath the 50-day SMA points to weak short-term momentum, while the gap below the 200-day SMA highlights continued long-term bearish pressure.
However, the 14-day relative strength index (RSI) stood at 52.34, placing XRP in neutral territory and suggesting that selling pressure has eased, with the asset neither overbought nor oversold.
