XRP Surges Amid Regulatory Clarity and Whale Accumulation
As of May 11, 2025, XRP is trading at $2.41, reflecting a 1.7% daily gain. This uptick follows Ripple's $50 million settlement with the SEC, concluding a protracted legal battle and bolstering investor confidence.
Whale activity has intensified, with wallets holding between 10 million and 100 million XRP now controlling 12.22% of the supply, up from 10.47% in late February. This accumulation suggests growing confidence among large holders.
Analysts project bullish scenarios, with some forecasting XRP reaching $7–$10 by summer, driven by factors like the upcoming launch of XRP futures on May 19 and Ripple's expansion efforts. However, technical patterns indicate caution; a descending triangle on the daily chart suggests potential downside risks if support levels fail.
Overall, XRP's recent performance reflects a blend of positive regulatory developments and market dynamics, positioning it as a cryptocurrency to watch in the coming months.
