The ongoing volatility in the cryptocurrency market has left many XRP holders reassessing their positions following the sharp decline on October 10.
Despite the downturn, some analysts argue that the recent dip has created a rare opportunity for accumulation, particularly for investors seeking to move into the upper tiers of the XRP rich list.
The XRP Rich List and Market Decline
According to data compiled by the XRP community, wallets holding between 8,162 and 10,501 XRP currently fall within the top 5% of all XRP addresses. With XRP trading around $2.48, this translates to an entry value of approximately $21,129 to $27,197.
These figures represent a slight decline compared to earlier this month. On October 1, the threshold for inclusion in the top 5% ranged from 8,229 to 10,550 XRP, which was valued at $23,370 to $29,962 based on the token’s price at that time.
The reduction in both token and dollar value means that investors can now join the top 5% segment with roughly $2,000 less than they would have needed two weeks ago.
The decline in XRP’s value followed the broader market crash that affected most major cryptocurrencies on October 10, when XRP fell more than 43%, briefly touching $1.58 before recovering above the $2.40 region. Although sentiment remains cautious, several observers believe this period of weakness offers a favorable entry point for long-term investors.
Analysts’ Perspective on Accumulation
Market commentators such as Coach JV have recently emphasized that opportunities to buy XRP at lower valuations may not last long. He warned that once market momentum returns, XRP’s upward movement could be swift, leaving little time for new entrants to accumulate at current prices.
Other analysts, including DustyBC, have maintained bullish long-term expectations, with many placing the next significant target around $10 per XRP. While opinions differ on when such a rally might occur, the $10 projection remains one of the most cited price goals within the XRP community.
Projected Returns for Top 5% Holders at $10
If XRP were to reach $10, investors currently in the top 5% tier would see a substantial increase in their holdings’ value. Based on the present range of 8,162 to 10,501 XRP, their portfolios, now worth $21,129 to $27,197, would appreciate to $81,620 to $105,010.
This potential increase represents profits between $60,491 and $75,048, assuming the holders maintain their current balances. Such returns highlight the financial leverage available to those already within the upper bracket of XRP ownership, particularly if the token’s price realizes the projected surge.
While short-term uncertainty persists, the adjustment in the XRP rich list underscores how market downturns can shift entry requirements for top holders. With the current drop lowering the threshold for elite-level participation, new investors have an opportunity to join the upper percentile at a relatively reduced cost.
If XRP succeeds in reclaiming bullish momentum and eventually approaches the $10 mark, these early entries could prove highly profitable. For now, analysts remain divided on the timing of such a move, but most agree that XRP’s present pricing offers a more accessible point for those looking to strengthen their positions before any potential market recovery.