Ripple (XRP) Rich List - Top Holders in 2025

A full breakdown of the XRP rich list, with the top 10 addresses and the percentage of the total supply held by each

XRP, the native cryptocurrency of the Ripple network, with a market cap of over $140 billion, is one of the largest cryptocurrencies. This digital currency is often in the news for its market price and utility, and sometimes for its rich list of top XRP holders.

If you are planning to invest in XRP or are a crypto enthusiast, it is important to understand the XRP rich list. This will give you insight into the concentration of XRP’s circulating supply, the largest XRP addresses, the structure of XRP holdings and a snapshot of XRP’s financial landscape.

Who is on the XRP rich list?

As of July 4, XRP’s total circulating supply was more than 55 billion, according to the data from CoinMarketCap. As of the same date, XRPScan’s data suggests there were 6,237,353 active accounts.

Analysis of the XRP rich list reveals a handful of addresses holding vast quantities of the digital currency. Ripple, its founders and cryptocurrency exchanges hold the top spots in the XRP rich list.

Further analysis reveals that the top 10 token holders command 41% of the total token supply, while the top 100 hold over 73% of the supply. The largest XRP addresses – the top 100 – are linked to prominent exchanges, including Ripple, Binance, Uphold, Bitthumb and Kraken.

These centralized exchanges and crypto lenders hold XRP coins worth hundreds of millions in several addresses on behalf of their customers. XRP holdings of most exchanges are usually in the form of customers’ deposits kept in reserves, which could be the reason why Binance controls the most XRP coins.

Ripple and its founders also own a significant amount of XRP, and it is largely believed that the top few addresses belong to the founders and executives, including Chris Larsen (co-founder and former CEO) and Brad Garlinghouse (current CEO).

The 10 top XRP holders in 2025

The below table gives a quick view of the top 10 XRP holders in 2025:

	Address	Owner	Amount	% of circulating supply
1	rB3WNZc45gxzW31zxfXdkx8HusAhoqscPn	Ripple	5,000,000,000 (In Escrow)	5.001%
2	r9UUEXn3cx2seufBkDa8F86usfjWM6HiYp	Ripple	5,000,000,000 (In Escrow)	5.001%
3	rMhkqz3DeU7GUUJKGZofusbrTwZe6bDyb1	Ripple	5,000,000,000 (In Escrow)	5.001%
4	r9NpyVfLfUG8hatuCCHKzosyDtKnBdsEN3	Ripple	5,000,000,000 (In Escrow)	5.001%
5	rKDvgGUsNPZxsgmoemfrgXPS2Not4co2op	Ripple	4,630,000,000 (In Escrow)	4.631 %
6	rDdXiA3M4mYTQ4cFpWkVXfc2UaAXCFWeCK	Ripple	4,500,000,000 (In Escrow)	4.501 %
7	rGKHDyj4L6pc7DzRB6LWCR4YfZfzXj2Bdh	Ripple	4,000,000,000 (In Escrow)	4.001%
8	rHGfmgv54kpc3QCZGRXEQKUhLPndbasbQr	Ripple	4,000,000,000 (In Escrow)	4.001%
9	rsX8cp4aj9grKVD9V1K2ouUBXgYsjgUtBL	Uphold	1,857,263,366 (Holding balance)	1.856%
10	rPyCQm8E5j78PDbrfKF24fRC7qUAk1kDMZ	Bitthumb	1,489,739,811 (Holding balance)	1.490%

XRP’s three biggest known holders

Tracking the top XRP holders in real time is tricky due to blockchain privacy. However, major exchanges like Binance and Coinbase hold large XRP reserves for trading.

If you’re looking for the biggest individual holders, here’s who stands out:

1. Chris Larsen

Chris Larsen, Ripple’s co-founder, holds around 2.8 billion XRP. He co-founded E-LOAN and Prosper before launching Ripple, aiming to improve financial systems.

As Ripple’s CEO until 2016, he played a key role in XRP’s development. Though he stepped down, he remains executive chairman and a major XRP holder. The SEC lawsuit in 2020 put him in the spotlight, but he continues defending Ripple.

His influence in crypto remains strong, with his XRP holdings making him a key player.

2. Arthur Britto

Arthur Britto, a Ripple co-founder, helped design the XRP Ledger but keeps a low profile. He holds around 1.38 billion XRP and was instrumental in making XRP fast and scalable. Unlike Chris Larsen or Brad Garlinghouse, Britto rarely appears publicly.

He later co-founded PolySign, a company focused on digital asset custody. While he left Ripple’s day-to-day operations, his work on the XRP Ledger and blockchain security continues to shape the industry behind the scenes.

3. Brad Garlinghouse

Brad Garlinghouse is Ripple’s CEO. While his exact XRP balance is unknown, he does own 6.3% of Ripple (which is valued at $100 Billion). Before Ripple, he worked at Yahoo! and led Hightail. He became Ripple’s president in 2015 and later CEO, expanding its partnerships with banks worldwide.

Garlinghouse is outspoken about crypto regulations and actively defends Ripple in the SEC lawsuit. Unlike Britto, he’s highly visible, speaking at conferences and engaging on social media. He remains a key advocate for XRP’s adoption in global finance.

Who are the Ripple founders?

Ripple’s roots go as far back as 2004, when Ryan Fugger founded RipplePay in Vancouver, Canada, to securely move money around the world. In 2012, Fugger sold the company to Jed McCaleb, Arthur Britto, and David Schwartz, who were working on developing a better Bitcoin alternative.

The trio transformed the company into a digital currency network and renamed it OpenCoin. In August 2012, McCaleb brought Chris Larsen as a co-founder of Ripple. In 2013, McCaleb left the company. OpenCoin was renamed to Ripple Labs in 2013 and to just Ripple in 2015.

It is reported that founders Chris Larsen, Jed McCaleb, and Arthur Britto allocated 20 billion XRP to themselves and sold some of their holdings over the years. McCaleb also reportedly took 9 billion XRP coins, which he has been selling over the years. He recently sold off all his holdings.

A 2020 Forbes report noted that Larsen, who stepped down from the CEO post in November 2016, has 5.19 billion XRP in his personal holdings and a 17% stake in the company. Current Ripple CEO Brad Garlinghouse owns about 6.3% stake in Ripple.

Blockchain investigator ZachXBT found dormant wallets linked to Ripple co-founder Chris Larsen holding 2.7 billion XRP ($7.18B). After 6–7 years of inactivity, they moved $109M in January 2025. This coincides with Trump’s crypto reserve announcement. It’s unclear if Larsen still controls them, as he may have transferred ownership.

What is XRP?

XRP is the native token of Ripple, a money transfer network that offers cross-border payment solutions to serve the financial services industry.

XRP, one of the top 10 cryptocurrencies by market capitalization, serves as a bridge currency for seamless transactions between different fiat currencies. It also enables direct transfers across Ripple’s network using XRP, making it one of the best payment gateways available in the crypto space.

Ripple founders created XRP as a solution to Bitcoin’s inherent limitations. Like Bitcoin, the intent behind developing XRP was to offer an easier, faster, and more secure way to transact globally. The key difference is that XRP is marketed toward businesses rather than consumers. Still, anyone can use this digital currency.

Unlike most cryptocurrencies, XRP is pre-mined, with a maximum token supply of 100 billion. This crypto operates on its decentralized, open-source blockchain, called the XRP Ledger (XRPL).

It must be noted that XRP transactions don’t require a transaction fee; rather, the network requires the sender to burn a small portion of the XRP. In other words, the network deducts a small amount of XRP as a fee.

XRP market performance in 2025

XRP remains one of the best utility tokens for a reason—its price surged 300% in the last two months of 2024. Now, all eyes are on 2025. With XRP sitting at $2.42 and a market cap of $140 billion, investors are watching for the next big move.

Over the past week, XRP gained 7.08%, easily beating the broader crypto market’s 1.50% rise. But zooming out, the last month shows a slight dip of 3.72%. Over the past year, though? A massive 288.92% surge.

So, what’s next? A few things could push XRP even higher. The regulatory outlook is getting friendlier, and a wave of spot crypto ETFs could bring in serious money. Institutional adoption is also growing, fueling more demand.

The biggest potential game-changer? XRP becoming part of the U.S. government’s strategic crypto reserve alongside Bitcoin, Ether, Solana’s SOL, and Cardano’s ADA. A recent post by Trump on Truth Social hinted at this possibility. If it happens, expect a major shift in how XRP is perceived.

The XRP Ledger is also expanding, adding compliance features and new lending options. Thanks to flexible tokens, a lending system, and an EVM sidechain, institutions will soon have more ways to integrate XRP.

With strong momentum and major upgrades ahead, 2025 could be a defining year for XRP. Will it break new records? We’ll see.

Whales, escrow, and the XRP rich list: How supply and demand shape the market

Whale movements play a big role in XRP’s price action. When large holders buy in, liquidity jumps, and prices often climb. On the flip side, sudden sell-offs can trigger quick drops.

But unlike other cryptos, XRP has a built-in safeguard—the escrow system. Ripple locks up billions of XRP and releases a set amount each month, keeping supply controlled and reducing the risk of oversaturation. This structured release prevents wild inflation and makes XRP more predictable than assets with unlimited minting.

As for the rich list, it’s definitely evolved. Early investors and institutions still hold massive amounts, but newer players—especially funds and corporate entities—are now making their way up the ranks. The distribution has shifted over time, with some long-time holders cashing out while new whales step in. Increased adoption, regulatory shifts, and market cycles all influence these changes.

With XRP’s price surging in late 2024 and institutional interest growing, the rich list will likely keep shifting. If XRP gets added to the U.S. government’s digital asset reserves or if ETFs bring in fresh capital, the biggest holders could look very different by the end of 2025.