XRP is attracting attention as it rises to $2.43, the highest level since May, driven by increased buying from whales and a push for clear regulations from Ripple in the United States.
XRP's price shows signs of surpassing the $3 mark in the near future, thanks to increased accumulation by whale wallets and Ripple CEO's efforts to promote a transparent legal framework for the cryptocurrency market in the U.S.
MAIN CONTENT
XRP whales are continuously increasing the number of tokens they hold, nearing a historical record.
Ripple's CEO proposes transparent policies to help the cryptocurrency market develop safely.
XRP's price has a chance to break through, aiming for the $3 mark if it surpasses key technical thresholds.
Why do whales continue to buy XRP?
Data from the analysis platform Santiment shows that there are 2,742 wallets holding at least 1 million XRP, nearly matching the historical record of 2,743 wallets recorded. In total, they hold 47.32 billion XRP, reflecting a strong accumulation trend rather than a sell-off, indicating confidence in the potential for price increases.
The market value of XRP has just reached a 7-week high, surpassing $2.39 for the first time since May. The number and amount of XRP in whale wallets are significantly increasing, which is a positive signal for investors.
Santiment, market analysis platform, July 9, 2025
Whales often engage in large-volume strategic actions when expecting profit growth, simultaneously encouraging retail investors to participate to capitalize on the upward momentum.
The impact of Ripple's transparent policy on the cryptocurrency market
Ripple CEO Brad Garlinghouse presented to the U.S. Senate Committee on Banking, Housing, and Urban Affairs on the need for transparent regulations to protect and promote the development of a safe and sustainable cryptocurrency market.
Ripple is committed to complying with the law, while emphasizing the strength of the XRP Ledger as a fast, highly scalable blockchain for cross-border payments and stablecoins.
Brad Garlinghouse, CEO of Ripple, at a U.S. Senate hearing, July 2025
The push for a clear legal framework enhances investor confidence and triggers a new growth wave for XRP as well as the cryptocurrency market in general.
How far will XRP go in the near future?
Currently, XRP's price is stable around $2.42 and has broken through the accumulation price range of $2.35, approaching strong resistance at $2.50. The RSI index below 70 indicates that XRP is not overbought, opening the door for further increases.
If XRP maintains above $2.60, investors can expect the price to challenge $2.95 and $3.20. Surpassing and holding above $3 will be a pivotal step towards a new all-time high.
Technical factors that help predict XRP price trends
XRP's upward trend is supported by the accumulation of tokens by whales and the gradually solidified transparent legal framework. The current price does not show signs of being overbought on the daily chart, indicating that buying power remains stable and has not peaked.
Key Price Levels Probability of Reaching $2.50 Short-term Resistance Testing Trend Strength Average High $2.60 Extending Gains, Triggering Strong Buying High $3.00 Turning Point Towards New Highs High Likelihood
Frequently Asked Questions
What is XRP and why is it gaining attention again? XRP is the token of the XRP Ledger network, known for its fast payment capabilities. Recently, the price of XRP has surged and whales buying in have raised expectations for the next move. How do whales influence XRP's price? Whales hold large volumes of XRP and often buy to accumulate when expecting price increases, thereby having a strong impact on market trends and investor sentiment. What is Ripple doing to support the development of the cryptocurrency market? Ripple is actively advocating for transparent, compliant policies and developing a fast blockchain that provides peace of mind for investors and a more sustainable market. Can XRP surpass the $3 mark? With the accumulation momentum of whales and the technical resistance being surpassed, XRP has a chance to reach $3 if a stable buying force is maintained. How to accurately track XRP price movements? It is advisable to refer to technical analysis tools such as RSI, price charts, and on-chain data from reputable platforms to make informed investment decisions.
Source: https://tintucbitcoin.com/ca-voi-xrp-gom-gia-tang-manh/
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