The latest analysis of the XRP rich list reveals a significant shift in token distribution, with the threshold to enter the top 10% of global XRP wallets now standing at approximately 2,232 XRP. This marks a notable change from previous levels, indicating broader retail participation. Data shows that around 760,000 addresses hold between 2,200 and 7,700 XRP, with the total number of XRP wallets growing from 5.97 million in December 2024 to 7.79 million by February 2026—a nearly 30% increase.
Wallet distribution tiers now stand as follows: Top 10% (~2,232 XRP), Top 5% (~7,700 XRP, down from ~8,100 two months ago), Top 1% (~46,400 XRP), Top 0.1% (~290,000 XRP, down from ~360,000), and Top 0.01% (~3.8 million XRP). The data suggests retail wallets holding under 500 XRP have grown sharply, while addresses with over 1 million XRP have declined slightly. This points to expanding retail participation, although large holders still control a significant portion of the supply.
Concurrently, regulatory developments are poised to play a critical role in XRP's future. Ripple CEO Brad Garlinghouse recently stated there is an 80% chance the CLARITY Act could pass by the end of April 2026. This legislation, currently in the Senate Banking Committee, aims to define U.S. digital asset regulations and clarify jurisdictional roles between the SEC and CFTC. Garlinghouse emphasized that even imperfect legislation is preferable to ongoing regulatory uncertainty, which has kept many institutional investors on the sidelines.
Market analysts are closely watching the interplay between these fundamentals and price action. Analyst CasiTrades notes XRP faced rejection near the $1.65 Fibonacci resistance level, with key support zones identified at $1.11 and potentially $0.90 if selling pressure intensifies. For a confirmed trend reversal, a sustained break above $1.65 with bullish divergence is needed. Adding to the cautious outlook, analyst Ali Martinez highlighted a weekly gravestone doji pattern on XRP's chart, which historically preceded a 46% decline.
The potential passage of the CLARITY Act in April could trigger a relief rally by reducing regulatory uncertainty and potentially attracting institutional capital. Ripple's long-term strategy, focused on infrastructure development, partnerships, and real-world use cases for the XRP Ledger, aims to build fundamental strength beyond short-term speculation. The coming weeks will be decisive in determining whether XRP can decouple from broader market trends and establish a sustainable upward trajectory.
