The XRP price has seen a significant increase since the November 2024 U.S. presidential elections, reaching a peak of $3.39 from around $0.50. This has attracted new investors, leading to a surge in the number of wallets holding XRP. Currently, there are 5.917 million wallets, with over 557,000 new addresses created since late October 2024. However, only a small number of wallets hold substantial amounts of XRP, with the top 10 addresses holding balances equal to or greater than 2,578 tokens. If the XRP price continues to rise and reaches $10, it could make all addresses in the top 10 tier rich, with the minimum balance increasing significantly. Analysts have projected a $10 price target for XRP, which would require a 257% uptrend from the current price of $3.10.



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