XRP rally discussions continue to stir debate in the crypto world, but a leading market analyst has stressed that even if the token were to soar to extreme values like $3,000, only a small fraction of holders would see life-changing wealth.

Most XRP Wallets Hold Very Small Balances

The analyst known as 24hrsCrypto weighed in on this topic during a recent YouTube session. Addressing common speculation around XRP reaching $100, $1,000, or higher, he dismantled the notion that such a price surge would make millions of investors rich.

Referring to the recent XRP rich list, he explained that a majority of wallets on the XRP Ledger hold relatively tiny amounts. Over 3 million wallets contain between 0 and 20 XRP each. These minimal amounts are often leftover balances from exchanges or test accounts, averaging just 8 XRP, equivalent to under $25 at current rates.

The next tier includes 2.5 million wallets holding between 20 and 500 XRP, with an average of 83 XRP. That places their holdings around $240. Combined, these two groups make up roughly 81% of all XRP wallets, yet collectively hold just 233.8 million XRP — not enough to make their owners elite crypto whales even if prices rose drastically.

Most XRP wallet addresses hold between 20 and 500 tokens, showing limited potential for vast wealth even with massive price increases.

The Numbers Behind Wealth Distribution

24hrsCrypto further elaborated that even at a $1,000 valuation per token, those holding between 0 and 500 XRP would only possess $1,000 to $500,000 — far short of the billions some speculate would be distributed among retail holders.

Crucially, he pointed out that while some individuals appear to hold large amounts of XRP across multiple wallets, ownership is often consolidated. It’s common for high-net-worth investors or institutions to spread their XRP tokens across several wallets, which skews wallet count statistics.

In reality, this means that the number of actual people who could gain substantially from an XRP rally remains surprisingly small. The belief that “millions will become rich” is misleading since most retail wallets hold modest amounts.

Barriers to Entering Top Holding Tiers

Owning just 500 XRP currently requires an investment of around $1,400, according to a prior report on how few people can afford to accumulate large holdings. This reinforces the view that only a small base of financially equipped individuals are in a position to benefit significantly from hypothetical price spikes.

24hrsCrypto argues that this ownership bottleneck ensures wealth concentration remains limited to a small circle, no matter how high XRP’s valuation climbs.

Future Price Projections

Despite skepticism, the analyst remained firm in his bullish long-term forecast. He believes XRP could eventually reach figures like $100, $2,000, or even $3,000, stating that critics doubt these outcomes because they misunderstand transaction flows and token utility over time. However, he emphasized that even in such optimistic scenarios, only a select group of holders would benefit on a transformational level due to existing distribution patterns.

Related: XRP Price: $12M Max Pain for Bears

According to 24hrsCrypto, the ultimate takeaway is clear: while XRP has potential for significant growth, its structural ownership model implies that monumental price action won’t lead to widespread wealth among holders. Instead, that prosperity will likely remain in the hands of a relatively small number of early investors and XRP accumulators.