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XRP traded within a tight range last week, remaining relatively stable and posting modest gains despite fresh liquidity entering the broader crypto market.
Notably, the cryptocurrency climbed nearly 4% over the past week, standing out amid broader market volatility. This rally coincides with a significant shift among retail traders.
According to data shared by popular crypto analytics platform Santiment, retail participants are playing a significant role in driving the ecosystem’s growth.
According to the firm’s latest analysis of wallet distribution on the XRP Ledger, smaller holders make up the largest share of addresses.
Wallets with fewer than 100 XRP are approximately 5.66 million, while those holding between 100 and 100,000 XRP total around 2.01 million. In contrast, only about 32,054 addresses control more than 100,000 XRP.
 
Historically, rising participation by smaller investors has been viewed by analysts as a sign of growing interest and strengthening fundamentals in the cryptocurrency ecosystem.
This comes just days after blockchain analytics firm Santiment revealed that XRP’s non-empty wallets reached an all-time high in its 13-year history. Daily active addresses also surged, hitting 46,767 on Monday, a five-week peak.
The simultaneous rise in both wallet count and activity indicates broad network participation rather than moves by a few large holders. Such metrics are often seen as early signs of rising demand, which could boost XRP prices.
Elsewhere, technical analysts like ChartNerd pointed to the psychological challenges investors face when waiting for a large breakout.
He noted that many traders hope to see a repeat of XRP’s dramatic 2017 rally but underestimate the difficulty of holding through the long and often painful consolidation periods that precede such moves.
Further, the analyst emphasized that patience is often the determining factor separating successful investors from those who exit the market prematurely. According to him, the type of explosive run many anticipate typically emerges only after prolonged phases of frustration and market uncertainty.
Elsewhere, veteran analyst Tara highlighted the $1.47 level as a crucial area to watch. She described the zone as a macro-level Fibonacci support, noting that it corresponds to the 0.618 retracement level, often considered a textbook support point in technical analysis.
Meanwhile, popular analyst Ali Charts pointed to a rising trendline that could present a favorable accumulation opportunity. According to his analysis, the trendline has historically served as a reliable support level, with buyers tending to enter the market.
Should XRP maintain its current structure and respect this technical boundary, it may attract additional buying interest from traders looking to position themselves ahead of a potential breakout to $5.
At press time, XRP was trading at $1.44, reflecting a 3.27% drop in the past 24 hours.
Source: https://zycrypto.com/xrp-army-builds-hope-on-5-xrp-price-as-small-holders-lead-network-expansion/