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🐳 XRP Ledger’s 1M+ wallet cohort has added 32 wallets in 3 months. That’s large-holder growth during a -29% market cap decline.

💸 Despite underwhelming price performance throughout the summer for $XRP, $RLUSD has grown into a meaningful institutional stablecoin, while Ripple’s payments, custody, and tokenization rails keep the Ledger tied to settlement use cases.

🐂 When million-XRP wallets rise while market cap falls, stronger hands are absorbing panic, patience is replacing simple price-related hype, and future volatility becomes more interesting for bulls.