🔥 XRP has surged nearly 30% in just one week, and market bullish sentiment has exploded!!!
This round of increase is driven by three core factors:
🔹 Optimistic regulatory sentiment:
The SEC has sent a letter to Judge Torres requesting a reassessment of the ruling, which is widely interpreted by the market as a strengthened signal for reconciliation. If a decision is made, it will eliminate the largest resistance for XRP, releasing space for institutional entry.
🔹 Rising ETF expectations:
Rumors of an XRP ETF have sparked a wave of excitement. If implemented in 2025, it may replicate the FOMO effect of $1 billion net inflow seen with the Bitcoin ETF, injecting massive capital momentum into XRP.
🔹 Whales are frequently active:
On May 9, whales transferred 370 million XRP ($782 million) in a single day, with address holdings rising from 8.24% to 9.44%. On-chain data confirms that institutional confidence is increasing!
In addition, there are significant movements in the Ripple ecosystem:
Ondo Finance will launch a treasury fund on the XRP Ledger, using the RLUSD stablecoin to attract traditional financial capital;
Ripple has announced the cessation of quarterly reports, which has sparked transparency controversies but also marks a strategic shift and an upgraded response to regulatory lawsuits.
As the regulatory game approaches a turning point + on-chain whales continue to increase their stakes + ETF hopes are rising, XRP may be at the starting point of the next major upward wave!
