In an intriguing development, XRP’s price has slipped to $2.09, down 3.82% in the past 24 hours. However, the on-chain activity tells a different story. The number of XRP wallets holding more than 1 million tokens has surged to 2,850, indicating increasing accumulation among both retail and institutional investors.

This counterintuitive trend suggests a strong belief in XRP’s long-term potential, even as short-term prices fluctuate. Investors should pay attention to these patterns as they could signal resilience in the market.