- XRP has surged nearly 30% in the past week, driven by increased whale activity and growing institutional support.
- Ripple’s stablecoin RLUSD adoption and regulatory moves are fueling optimism for further price gains near $3 and beyond.
Ripple’s native token, XRP, has been on a strong upward trajectory, recently nearing the $3 mark after a breakout rally fueled by significant whale activity and growing institutional interest. This surge marks the highest price level for XRP since March, highlighting renewed optimism around the crypto’s long-term potential.
XRP Whale Wallets Hit Record Highs
A key driver behind XRP’s recent rally is the increased activity among whale investors.The number of XRP whale wallets—those holding at least 1 million tokens—has reached an all-time high of 2,743 addresses. These whales collectively control over 47 billion XRP tokens, showing confidence in the token’s prospects. This growing concentration of XRP among large holders often signals anticipation of future gains.
Supporting this trend, Santiment noted a surge in new wallet creations and rising retail interest on social media platforms. Such network growth and social engagement typically precede strong price movements.
Ripple’s Stablecoin RLUSD and Institutional Partnerships
Ripple’s momentum is further reinforced by its RLUSD stablecoin, which is gaining traction as a cheaper, faster, and more transparent payment solution for global remittances. On July 12, Ripple announced that Swiss-licensed AMINA Bank integrated RLUSD for custody and trading services, illustrating growing bank adoption.
📈 @Ripple's RLUSD stablecoin is growing on @ethereum, with supply up ~4x since January. pic.twitter.com/nQ88TYVtnc
— Token Terminal 📊 (@tokenterminal) June 28, 2025
Additionally, Ripple’s application for a U.S. banking license with the Office of the Comptroller of the Currency (OCC) suggests the company’s ambitions to expand its crypto services under federal regulation. This move could boost confidence among institutional investors and pave the way for further mainstream adoption.
Long-Term Bullish Signals
Market analysts see promising technical patterns supporting XRP’s price growth. EGRAG Crypto highlighted a rare three-candle formation on XRP’s monthly chart, initially identified in November 2023, that typically precedes significant rallies after consolidation periods. Educator Edoardo Farina even suggested that XRP reaching above $4 in the near future would not be surprising.
#XRP – 0.60c To 10$ Or $50:
When #XRP was 0.60c ( 202 Post 👇)My Targets where the Same.
All #XRPOG's can see the future. When everyone was against us we fought under the shades of spears. #XRPFamily IS THE ONLY FEW 🧠 https://t.co/ZSdqxMiNBY pic.twitter.com/2Y0W1zZ9Ud
— EGRAG CRYPTO (@egragcrypto) July 9, 2025
Institutional backing continues to build, with partnerships like that between Ripple Labs and BNY Mellon offering custody services for RLUSD. This growing support adds fuel to XRP’s bullish outlook.
With whale wallets at record highs, growing institutional adoption, and positive technical indicators, XRP is poised for further gains. As it nears the $3 threshold, many investors are watching closely to see if a new all-time high is within reach, signaling a potentially exciting chapter for Ripple and its native token.
ALSO READ:Ripple RLUSD Stablecoin Soars Past $500 Million with BNY Mellon Custody
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