The Number of XRP Wallets Just Broke Another Record – Here’s What the Distribution Looks Like

XRP just crossed a milestone that doesn’t show up on the price charts. The number of wallets holding less than 100 XRP hit an all‑time high, pushing total addresses on the ledger to new levels.

Even though traders stare at the $1.45 price level and wonder where the next move comes from, the network itself keeps growing. Santiment, the crypto analytics platform, shared the latest wallet distribution data, and the numbers tell a story of steady adoption at the small‑holder level.

Santiment Data: More Wallets Than Ever

The chart Santiment posted breaks down XRP Ledger addresses by balance size. As of March 2026, there are 5.66 million wallets with under 100 XRP; the highest count ever recorded for that tier. That’s the “shrimp and fish” category, where most new users start.

Moving up, 2.01 million wallets hold between 100 and 100,000 XRP. These are the “dolphins and fish” – serious retail holders and smaller traders.

Source: X/@santimentfeed

At the top, 32,054 wallets hold more than 100,000 XRP. This group includes whales, institutions, and long‑term accumulators.

The trend is clear: the number of small wallets keeps climbing. More people are creating XRP addresses, even if they only hold a small amount. That points to growing interest in the ecosystem, whether for payments, speculation, or simply being ready for future use.

Santiment noted that the network continues to see its user base expand. The surge in under‑100 wallets is especially notable because it reflects new entrants rather than existing holders shuffling funds between accounts.

Read also: Evernorth’s $1B XRP Play Could Be the Blueprint for Corporate Adoption – Here’s Why

What About the XRP Price?

All this network growth is happening while XRP price sits in a quiet zone. The XRP price trades around $1.45; down heavily from the highs above $3 seen late last year. The 200‑day moving average sits far above at $2.12, a reminder of how far price has fallen.

After a brutal correction from the January peak, XRP has been chopping sideways in a range between roughly $1.40 and $1.80. The chart shows lower highs and lower lows since February, suggesting sellers still have the upper hand in the short term.

Source: TradingView

RSI on the 2‑hour chart is around 47, neutral territory. Neither oversold nor overbought, it reflects the indecision that has gripped the market. Volume has been lackluster, with no clear breakout in either direction.

So here’s the disconnect: the network is quietly adding users, especially small holders, while the XRP price remains under pressure. That’s not unusual in crypto; adoption can grow during bear markets as speculators leave and real users trickle in. The real question is whether this growing base of small wallets eventually translates into demand when the market turns.

For now, the XRP price is stuck in a range.

Read also: How Japan’s Rate Hikes Make XRP and Ripple’s ODL Essential