1.7 Billion XRP Tokens Accumulated at Make-or-Break Level

The cryptocurrency XRP has accumulated a significant amount of tokens at a critical support level, according to recent analysis from Glassnode. Roughly 1.7 billion XRP tokens are currently held within the $2.81 price range, a key indicator for potential price stability. This accumulation coincides with the growing importance of XRP’s DeFi ecosystem and increasing investment by institutions. 1.05 billion XRP tokens have also been accumulated at the higher level of $3.26, which highlights concentration at specific price points within the XRP market.