Xaif (@Xaif_Crypto), a well-known crypto influencer on X, has brought attention to a notable change in the XRP ecosystem.
According to the data he posted, Uphold has become the largest known XRP holder, overtaking Ripple and major exchanges like Bithumb and Binance in wallet holdings. The exchange’s wallet now holds over 2 billion XRP, with a reported value of approximately $3.7 billion.
The address shared by Xaif is confirmed to be associated with Uphold and displays a total XRP balance of 1,833,932,521 XRP. The wallet was last active on April 11, 2025, at 9:54 PM UTC, indicating it is actively maintained.
BREAKING: Uphold Surpasses Ripple!
Uphold Becomes the Largest $XRP Holder
Reveals over 2 Billion XRP in balance — worth $3.7 Billion! pic.twitter.com/Kn1xbTJOyP— 𝕏aif
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(@Xaif_Crypto) April 12, 2025
Uphold’s Pro-XRP Stance Reinforced
Uphold has long maintained a clear position supporting XRP, notably continuing to list and provide access to the asset during Ripple’s now-concluded legal conflict with the U.S. Securities and Exchange Commission. Throughout that period, Uphold did not delist or restrict access to the asset, and that loyalty has not gone unnoticed by the XRP community.
Uphold’s accumulation of over 2 billion XRP further reinforces its alignment with long-term XRP holders and confidence in the asset’s future utility. Uphold has consistently supported and encouraged the XRP army and has put its money where its mouth is with its strong support and large holdings.
Uphold Surpasses Ripple’s Holdings
Although Ripple still controls a large volume of XRP through its escrow mechanisms and company wallets, Uphold holds the most significant number of tokens in a single wallet, with recent data putting Ripple’s holdings as the fourth and fifth largest.
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While Uphold has achieved this feat, Ripple still holds over 36 billion XRP in its escrow system. While Ripple maintains substantial holdings through escrow and company-controlled wallets, this latest development highlights how exchanges like Uphold take the lead among the XRP army.
This shift signals a growing role for private platforms in distributing large-scale XRP holdings. Uphold’s accumulation reflects a deliberate approach to long-term positioning within the XRP ecosystem.
Implications for XRP’s Future
The presence of an exchange at the top of the XRP wallet rankings could influence how institutional and retail participants assess the asset’s distribution. Uphold’s visible support and sustained involvement may strengthen its standing among XRP holders while reinforcing confidence in the token’s infrastructure and accessibility.
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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