In the last three hours, the XRP price has shown slight fluctuations, overall presenting a consolidation trend, but market sentiment is positive, especially after signals of increased institutional interest emerged. A whale trading report revealed that a transaction worth approximately $48.9 million in XRP was recently traded on the XRP ledger, which is interpreted as a sign of growing confidence among large investors in XRP, possibly preparing for potential market changes.

Currently, the price of XRP hovers around $2.80, similar to the price trend at the end of 2024 when XRP experienced about a 20% increase. Analysts point out that after XRP recently fell below $2.82, momentum indicators lean towards the sellers, but successfully reclaiming the $2.85 level will be key to maintaining bullish momentum.

The market holds a cautiously optimistic view of XRP's future. Analysts are closely monitoring regulatory dynamics related to XRP, particularly the progress of the lawsuit by the U.S. Securities and Exchange Commission (SEC) and the potential approval of a spot XRP exchange-traded fund (ETF). Approval of the ETF is expected to bring significant capital inflow and attract more institutional investors around October 2025. The CEO of Ripple previously predicted that by 2030, the market size of XRP could reach $10 trillion, which, while an ambitious forecast, reflects the community's optimism about its long-term growth.

For investors, XRP's recent price trend indicates that it is in a critical consolidation phase. Potential ETF approval and ongoing institutional interest are important positive factors, but investors still need to pay attention to key technical resistance levels and be prepared for market volatility. Historical data shows that XRP has experienced significant growth over the past year, providing some confidence for long-term investors, but uncertainty remains in the short term.

#The above information is for reference only.