Number of Large Investor Wallets on XRPL Increases by 32, Market Value Drops by 29%

XRP Ledger is drawing attention due to the increasing interest from large investors. According to Santiment data, the number of wallets holding over 1 million XRP has increased by 32 in the last three months. During the same period, the network's market value has decreased by approximately 29%. This situation indicates that some large investors are making purchases in the face of declining market conditions. While XRP's price performance remained limited during the summer months, developments within the Ripple ecosystem support a long-term outlook. The increase in high-balance wallets suggests that certain groups of investors are expanding their positions. Ripple, known for its cross-border payment solutions, is expanding its operations as a blockchain and financial technology company. Progress on the RLUSD side stands out as one of the areas where institutional interest could strengthen. BlackRock CEO Larry Fink described tokenized treasury products as the new generation of markets. Ondo Finance's OUSG token has added approximately $212 million worth of treasury assets to the XRP Ledger by providing access to treasury assets supported by the BlackRock BUIDL fund. This development highlights the importance of the XRP Ledger as an asset tokenization network that offers fast settlement and compliance-focused infrastructure. Investors will monitor whale accumulation, the adoption level of Ripple's payment solutions, and the activity in the tokenization of treasury assets.