XRP reaches record 8.24 million holders despite price drop to $1.31

XRP has reached a record 8.24 million non-empty wallets, yet the token has dropped 17.21% over the past month to $1.31. Large holders have sent $112.4 million to Binance, signaling rising selling pressure. Spot XRP ETFs saw a $4.25 million inflow this week, but total net assets fell to $1.49 billion from $1.77 billion on September 25. Santiment noted that a drop below $1.30 would weaken the adoption signal, while a sustained move above $1.40 could plausibly lead to a return to $1.50.