XRP has been on a tear in current buying and selling classes. The cryptocurrency has been rising since July 8 and has seen 5 consecutive days of positive factors, with right this moment being the sixth if buying and selling concludes within the inexperienced.
Following the breathtaking rally, XRP has surged to $3, marking the primary time the coin has hit this degree in months, particularly since February 2025. The value breakout comes amid a broader surge on the crypto market, with Bitcoin surpassing $123,000.
Analysts level to a powerful technical construction, with veteran dealer Peter Brandt recognizing a compound fulcrum on the XRP chart following April’s false breakout.
XRP’s rally seems to be extra than simply technical; massive whale transactions have been noticed on-chain. A current switch of 167 million XRP, about $497 million, between unknown wallets has stirred hypothesis, with many questioning if institutional gamers are reentering the market or repositioning forward of additional positive factors.
In keeping with Whale Alert, “167,694,497 XRP price $497,506,212 was transferred from unknown pockets to unknown pockets.”
🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 167,694,497 #XRP (497,506,212 USD) transferred from unknown pockets to unknown wallethttps://t.co/Nkt32uQ7TL
— Whale Alert (@whale_alert) July 14, 2025
At press time, XRP was up 6.41% within the final 24 hours to $3.01, and up 30% weekly, making it the third-largest cryptocurrency with a market capitalization of $178.37 billion, surpassing Tether (USDT). Up to now in July, the cryptocurrency is up 33%.
XRP optimistic developments
In a current tweet, XRP fanatic Invoice Morgan dropped at the eye of the crypto neighborhood that Mercurity Fintech has filed Kind Ok-6 with the SEC, saying the launch of a $500 million DeFi basket treasury consisting of Solana, Ethereum, ADA, XRP and BNB.
In one other milestone, 3iQ Digital Asset Administration revealed that its XRP ETF, which now ranks as Canada’s largest XRP ETF, has collected over $50 million in shopper belongings since its launch on June 18.
As tje XRP value trades larger, eyes are actually on $3.40 forward of $4, with current predictions even focusing on $4.40.
