Ripple’s XRP is not the flashy type, you know? No wild breakouts, no dramatic crashes.
It’s like that coworker who just sits quietly in the corner, not saying much, but you get the feeling they’re cooking up something big.
And for those holding XRP, patience might be the golden ticket.
No hurry
Look, it’s been a month, and XRP’s still down about 4% from where it was. Not exactly the heart-pounding rollercoaster some traders crave.
The price keeps flirting with the $2 support level, three times since May, mind you. Usually, when a support level gets poked that many times, you’d bet it’s about to give way.
But nope. No collapse, no panic selling. It’s like watching a tense meeting where everyone’s waiting for the boss to lose it, but the boss just calmly sips coffee, unbothered.
And this stubborn stability hints at something deeper. Whales and long-term holders?
They’re not sweating it. Maybe they know something we don’t. Or maybe it’s just blind faith. Either way, the market’s holding its breath.
Diamond hands?
Now, compare this to Bitcoin’s ride. BTC blasted from $76,000 in April to nearly double by mid-May. Meanwhile, XRP just chilled, barely budging.
Back in the last cycle, Bitcoin’s growth sent XRP into a parabolic rally, a 500%+ jump, hitting $3.54 and putting almost 99.8% of XRP holders in profit.
Today, though, XRP’s profitability has dipped to about 80%. That tells us the weak hands cashed out, but a solid chunk of holders are still sitting on unrealized gains.
That’s the kind of setup that keeps FOMO alive, explains why no one’s throwing in the towel just yet.
Reward
What’s really fascinating is the supply story. About 95% of Ripple’s total XRP supply is locked up in just two huge wallets.
And get this, around 85% is held by addresses with over 100,000 XRP. Mid-sized holders, with 10,000 to 100,000 XRP, control another 11%.
The number of addresses holding more than 10,000 XRP just hit a new all-time high, 303,000 coins, up from 285,000 six months ago. That’s some serious accumulation, not gonna lie.
So while other coins like Solana are running on hype fumes, breaking down key supports, XRP’s playing the long game.
It’s slow, sure. But smart. And the market’s whispering that patience could pay off big.
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