According to Uphold Inc., a New York-based exchange, many XRP users keep cryptocurrency for a long time.
There are a lot of XRP holders, according to the New York-based exchange.
After asking its 125K followers how many of them are long-term XRP holders, Uphold announced this in a tweet.
Interestingly, XRP community members shared their history of the sixth-largest cryptocurrency by market capitalization in the comments area.
Some XRP supporters assert to have owned the coin for over two years.
Sandro Lombardi, an XRP advocate, claimed to have held the coin since learning about Ripple and XRP in March 2020.
Another proponent of XRP admitted to having possessed the currency for more than seven years.
The New York-based cryptocurrency exchange responded to the allegations by stating that “there are a lot of XRP holders” based on comments from fans.
The development implies that many XRP supporters intend to keep the digital currency for a long time.
XRP has encountered many difficulties, including the continuing legal dispute between Ripple and the SEC.
Owners of XRP continue to demonstrate their unwavering support for the token, proving that they remain confident in the cryptocurrency despite the litigation.
As previously reported, significant XRP holders were observed amassing enormous sums of the asset in the last weeks of 2022.
These holders typically own 1 million to 10 million XRP. Santiment reported that 1,617 addresses in this group held 7.23% of the total supply of XRP.
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