Millionaires control 75% of XRP supply

XRP is no longer a decentralized asset for the masses; it’s an oligarchy. Millionaire wallets now control a staggering 74.1% of the entire supply, having aggressively hoarded 1.53 billion more tokens over the last six months. While retail sentiment recently plummeted to its lowest level since 2025, these whales are tightening their grip on the market. Can a project truly claim to be the future of finance when a tiny elite owns three-quarters of it? What’s your take?
This summary was generated by AI