This is a really important milestone that the company was able to hit.
Back in June 2018, Ripple had under 1.3 million accounts, and this means that the increase has been pretty significant.
It’s also important to note that this increase includes hot wallets of crypto exchanges as well.
The top 100 accounts own 78.67% of XRP. Only eight accounts own more than 8 billion in XRP, according to the latest reports coming from UToday.
Ripple own 60 billion of the total amount of XRP which is 100 billion and this is the thing that has been raising the highest centralization-related concerns.
But on the other hand, Cory Johnson, Ripple’s new chief market strategist has been making sure to dismiss such accusations more than once, explaining to the whole crypto space that Ripple is not at all centralized and XRP could very well exist without the company.
CZ said that the two companies have not started to discuss the actual details and steps required for this huge partnership, and for now, Binance will remain focused on launching the Binance Chain and its forthcoming decentralized exchange BinanceDEX.
CZ explained that “We’re focused on launching more features right now, so we are working with a number of other partners. With xRapid, there’s nothing going on right now, but in the future, we’ll definitely want to add them as a partner.”
We’ll have to wait and see what happens to the token’s price.