Large holders have been aggressively accumulating XRP (CRYPTO: XRP) even as XRP remains in a firm downtrend.

Whales Expand XRP Holdings

According to Santiment data, cited by TheCryptoBasic, while smaller shark addresses and some whales panic-sold around 2.87 billion XRP, the largest whales holding 10 million to 1 billion tokens accumulated 4.18 billion XRP during the downturn.

Tthese major holders now control 19.61 billion XRP, about 32% of the circulating supply, marking their highest combined balance on record.

Wallets holding 10–100 million XRP leading the accumulation by adding 2.88 billion XRP over the past six months.

Ripple And XRP To Benefit From Clarity Act

Paul Barron’s podcast on Thursday highlighted how regulatory developments in Washington could strengthen the case for Ripple and its ecosystem.

Support from Donald Trump for crypto legislation like the Clarity Act could create clearer regulatory frameworks for blockchain-based payment networks.

If passed, the law may give Ripple and the XRP ecosystem greater legal certainty in the U.S.

Some analysts say major institutions such as BlackRock could potentially use the XRP Ledger to issue tokenized financial assets.

That development could have larger long-term implications than ETFs because it would embed XRP infrastructure directly into institutional finance.

The debate suggests that banks may eventually adopt blockchain themselves, creating competition but also validating the technology that XRP and similar networks provide.

The analysts propose that XRP has an advantage due to its speed, existing partnerships, and potential role in cross-border settlement.

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