XRP continues to show signs of structural strengthening beneath the surface, even as price action remains relatively restrained. In mature crypto markets, these quiet shifts often matter more than sudden rallies. On-chain behavior, especially among large holders, tends to reveal conviction well before momentum becomes visible on charts.
That context frames a recent observation shared by crypto analyst Zach Rector, who highlighted a subtle but meaningful development tied to XRP’s holder composition. His comment followed new data that suggests long-term confidence may be returning to the network.
On-Chain Metrics Signal Renewed Accumulation
Rector referenced a recent update reported by Cointelegraph, citing on-chain data from analytics firm Santiment. The data shows that XRP wallets holding at least one million tokens have increased for the first time since September. In total, the network added 42 new millionaire wallets, reversing a months-long period of stagnation.
This shift stands out because high-balance wallets usually represent long-term participants rather than short-term traders. These holders tend to accumulate strategically, often during consolidation phases when broader sentiment remains mixed.
Another positive signal for XRP 👀👇 https://t.co/qk1X9Kng0A
— Zach Rector (@ZachRector7) January 29, 2026
Why Millionaire Wallet Growth Matters
An increase in large XRP wallets often reflects renewed confidence among well-capitalized investors. These participants typically evaluate regulatory conditions, liquidity depth, and long-term utility before allocating capital. Their behavior rarely aligns with hype-driven moves or short-lived market reactions.
For XRP, the timing of this accumulation matters. The wallet growth occurred without a sharp price spike, suggesting deliberate positioning rather than reactive buying. This pattern often precedes broader market re-engagement when demand eventually accelerates.
A Long-Term Signal, Not Immediate Price Action
Santiment characterizes the rise in millionaire wallets as a long-term signal rather than a near-term price trigger. Wallet growth alone does not force upward price movement, but it strengthens the underlying market structure. Historically, sustained accumulation phases often set the stage for future volatility expansion once new demand enters the market.
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Rector’s interpretation aligns with this framework. The signal does not promise instant gains, but it points to improving confidence after an extended period of uncertainty and consolidation.
Broader Implications for XRP’s Market Outlook
This on-chain development arrives alongside improving legal clarity for XRP in the United States, which has reduced a major overhang for institutional and high-net-worth participants. As perceived risk declines, larger investors often re-enter gradually, favoring accumulation over aggressive buying.
When combined with steady network activity and resilient liquidity, the return of millionaire wallet growth reinforces XRP’s long-term positioning.
What Comes Next
Rector’s observation highlights a familiar market dynamic. Large holders tend to move early, quietly building positions before broader attention follows. While no single metric guarantees future performance, the resurgence in millionaire wallets adds another constructive layer to XRP’s evolving narrative.
As accumulation continues, price action may eventually reflect what on-chain data already suggests.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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