Yes, Windows xp is legendary and works perfectly on my old computer having my cold wallet.
Anyone running wallet software on windows xp is playing a very dangerous game. XP is no longer supported or being patched and is extremely vulnerable to malware, viruses and trojans. If you don't want to upgrade to 7 or 10 thats fine... run linux or ubuntu... but for goodness sake get rid of XP as you are endangering yourself and others around you.
If you are using XP as a cold wallet offline device that is fine as long as you physically remove all wifi cards and disable the network adapter, and be extremely careful about what memory sticks or sd cards you attach to the laptop. Than again , why not just get a SSS paper wallet , hardware wallet, or cheap raspberry pi instead for your cold wallet?