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Ripple News: XRP Hits $2.50 After SEC Drops Appeal – Is $3 Next?

Published by
Debashree Patra

XRP is making headlines again, surging past $2.50 with a 14% jump as big investors continue buying in. Large holders now own a massive 46.4 billion XRP, showing strong confidence in the token’s future. March also saw a major spike in network activity, with six times more unique wallets interacting on the blockchain.

This rally comes after the SEC officially dropped its appeal against Ripple, marking a huge legal win. Investors who had been waiting for this moment are now more optimistic, especially with an XRP ETF and even a potential IPO in discussion.

With momentum growing, many believe a major breakout is on the way.

Here’s what’s next.

Whales Keep Buying Despite Price Swings

Even with price fluctuations, major investors have been steadily increasing their XRP holdings. When the price briefly dipped to $2.45, large holders kept accumulating. According to data from Santiment, wallets with at least one million XRP have added 6.5% more in the last two months. This brings their total holdings to 46.4 billion XRP, now valued at around $114 billion.

Along with rising prices, XRP’s network usage has exploded. March saw six times more unique wallet interactions than in previous months. This growing interest from both whales and retail traders suggests increasing confidence in XRP’s long-term potential.

While prices have been volatile, the steady accumulation by large holders hints at expectations of a bigger price surge ahead.

Ripple CEO Hints at XRP’s Role in US Crypto Strategy

Adding to the excitement, Ripple CEO Brad Garlinghouse recently suggested that XRP could play a role in a US strategic crypto reserve. In an interview with Bloomberg, he pointed to President Donald Trump’s executive order from early March, which proposed a national digital asset stockpile. There is speculation that XRP could be included in this initiative.

With Trump’s pro-crypto stance, Ripple is hopeful that regulatory approvals, including an XRP ETF, will come soon.

Can XRP Break $3? What Analysts Say

With the SEC case now concluded and the FOMC meeting getting a mixed reaction, analysts believe XRP third largest crypto asset could be poised for a major breakout. The token has already touched $2.57 in recent trading, and many are now speculating whether it can surpass $3—a level it hasn’t seen since the 2017 bull run. 

If Bitcoin and the broader crypto market continue to rally, XRP could ride that momentum even higher. With regulatory clarity improving, institutional investors may start paying more attention to the token. Ripple’s expanding partnerships with banks and payment providers also add to its growth potential, making XRP one of the most closely watched cryptocurrencies right now.

If Bitcoin and the broader crypto market continue to rise, XRP could follow. Regulatory clarity is also improving, which may attract more institutional investors. Meanwhile, Ripple’s growing partnerships with banks and payment providers strengthen XRP’s long-term prospects. Right now, all eyes are on XRP as traders wait for its next big move.

FAQs

Will XRP be part of a U.S. crypto reserve?

Ripple’s CEO hinted that XRP could be included in a U.S. strategic crypto stockpile, especially with potential government adoption.

Can XRP reach $3 soon?

Analysts predict XRP could break $3 if market momentum continues, with institutional interest and ETF speculation fueling the rally.

Debashree Patra

Fun-loving and cheerful, a passionate blockchain and crypto writer who knows no boundary…connect if you share the same passion. With 10+ years of writing experience, I am a Crypto Journalist by chance, exploring, and learning all the dynamics of the sci-fi action-filled crypto world. Currently, focusing on cryptocurrency news and price data. With a passion for research and challenging my capabilities, I am slowly getting into the crypto arena to bring new insights every day.

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