XRP is back in the headlines after jumping to $2.43, a price it hasn’t seen since May. Big holders, known as whales, are quietly buying more, while Ripple pushes for clearer crypto rules in the U.S. Many traders now believe XRP could break past $3 very soon.
According to market intelligence platform Santiment, a major XRP holder (whales) is quietly increasing their holdings. Currently, there are 2,742 wallets with at least 1 million XRP each, just one wallet shy of the all-time high of 2,743 recorded yesterday.
Together, these whale wallets hold a massive 47.32 billion XRP. This shows that the biggest holders are not selling, they’re adding more.
Whales usually make big moves when they expect future gains. And when they start buying, it often encourages smaller traders to jump in, hoping to catch the next rally.
Adding to the optimism is Ripple’s strong push for clear crypto rules in the U.S. Recently, Ripple’s CEO, Brad Garlinghouse, spoke before the U.S. Senate Committee on Banking, Housing, and Urban Affairs. He stressed the need for clear rules for digital asset markets to grow safely.
Garlinghouse highlighted Ripple’s compliance-first mindset and the expanding power of the XRP Ledger (XRPL) as a fast, scalable blockchain for cross-border payments and stablecoin use.
As of now, XRP is trading near $2.42, up about 4.4% in the last 24 hours. Meanwhile, the token has also broken out of its tight price pattern, moving above the $2.35 mark and now testing the next big barrier at $2.50.
Looking at the daily chart, the Relative Strength Index (RSI) is just under 70. This means XRP is not in the overbought zone yet, but it also doesn’t have huge buying strength right now.
If XRP can push above $2.60 and hold that line, traders may next watch for $2.95 and then $3.20. But to really aim for new record highs, XRP needs to cross above $3 and stay there.
XRP could reach up to $5.81 in 2025, supported by institutional demand and Ripple’s growing global adoption.
By 2030, XRP is forecasted to trade between $17.00 and $26.50, depending on market trends and adoption rates.
XRP could trade between $97.50 and $179.00 in 2040 if utility grows and crypto becomes widely accepted globally.
Bitdeer has expanded its Bitcoin reserves with the addition of 38 BTC, raising its total…
Andreessen Horowitz partner Alex Rampell warns U.S. banks are implementing “Chokepoint 3.0,” raising fees, restricting…
July 2025 saw cryptocurrency hacks jump by 27%, reaching $142 million in losses across major…
Despite former President Donald Trump’s repeated calls for lower interest rates, the U.S. Federal Reserve…
The SEC's crypto task force is heading out on a national tour to hear directly…
Ethereum's price has come under notable pressure, falling below key psychological and technical levels. The…