Currently, the ownership of
XRP is distributed among various entities. The top 10 addresses control a significant portion of the total circulating supply. Ripple, major exchanges such as Binance, Uphold, and Bitbank, along with other unknown entities, are among the largest holders of XRP.
5 answers
SamuraiWarriorSoul
Tue Dec 17 2024
Unlike most cryptocurrencies, XRP is controlled by a single company known as Ripple.
lucas_clark_artist
Tue Dec 17 2024
Cryptocurrencies are generally decentralized digital assets that operate independently of any central authority or governmental institution.
DiamondStorm
Tue Dec 17 2024
Ripple is responsible for managing and overseeing the operations of the
XRP ledger, the blockchain that supports the XRP cryptocurrency.
CryptoVisionary
Tue Dec 17 2024
This decentralized nature is a defining characteristic of many cryptocurrencies, setting them apart from traditional financial systems.
Carolina
Tue Dec 17 2024
In contrast to this, XRP, a specific type of cryptocurrency, operates under a different model.