Rising Interest in XRP as Price Surges and Whale Activity Increases
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Rising Interest in XRP as Price Surges and Whale Activity Increases

XRP experiences a nearly 6% increase, supported by significant whale movements and growing retail interest.

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Key Highlights

  • XRP surged nearly 6% during a late-session breakout, driven by a volume increase that quadrupled its hourly average.
  • Whale wallets moved hundreds of millions of dollars in XRP, indicating strong market demand despite sell pressure.
  • The ongoing Ripple vs. SEC case could play a crucial role in shaping XRP’s future due to the potential for regulatory clarity.

Price Dynamics

XRP’s price moved from $2.19 to $2.20 at a significant pace, with a recorded volume of over 108.12 million during a strategically important hour. Noteworthy transfers included a $58 million movement to Coinbase and approximately $439 million transferred by Ripple.

Retail Interest Growth

Searches for “XRP to $3” have increased notably, reflecting a surge in retail interest.

Transaction Activity

Intra-hour movements confirmed the asset’s strength, with key transaction spikes observed shortly before the price rise, further solidifying investor confidence in XRP’s near-term prospects.

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