A large number of XRP holders made enormous transactions in 24 hours that totaled $5 billion. Investors now feel more confident because a big wave of transactions happened at the same time as new rules developed and ETF approval discussions.
Recent analysis shows Ripple whales transferred $5.37 billion worth of XRP tokens during the last day. The market expects traders to watch this asset’s price as buyer and seller movements drive up daily flow.
Donald Trump announced that XRP will be part of the U.S. crypto reserve in his latest development. According to experts, XRP will participate in the future growth of digital assets alongside Bitcoin (BTC), Solana (SOL), and Cardano (ADA). The news about XRP increased investor involvement, which resulted in more buying and selling orders and market predictions for the coin.
XRP Whale Trading Surges Amid Rising Investor Confidence
Whale trading on XRP’s network has risen along with its overall operational pace. According to the latest statistics, the XRP Ledger saw its active addresses more than double in 24 hours from 74,589 to 462,650. Market activity showed higher levels during this period because the whales increased their investments when they bought large amounts of XRP. This development proves investors feel good about the asset’s future prospects.
Recent increases in network usage make XRP a promising long-term rival to Ethereum, according to research analysts. XRP gains strength every day as more people accept and trade it throughout the crypto space.
Critical events in the Ripple case now drive the market’s positive change. In a recent update, Attorney Hogan suggested a potential end to the lawsuit before its scheduled completion. This news increased hopes among XRP holders and market participants. When the Ripple legal battle ends favorably, it brings hope that new institutional clients will join the market with increased XRP value as a result.
Ripple CEO To Attend White House Crypto Summit
Recent reports indicate that Ripple CEO Brad Garlinghouse will join the White House crypto summit. Law professionals expect the event to impact the current regulations that allow or interfere with XRP trading. On February 27, 2025 the U.S. Securities and Exchange Commission took a private meeting inside their office. This step added to the existing uncertainty about the lawsuit’s final result.
The market optimism about XRP has pushed its price up 6% over 24 hours to $2.49. The market moved XRP between a daily bottom value of $2.30 and a daily peak at $2.53. People put more money into cryptocurrencies because international trade concerns show signs of easing up across global markets.
Investor interest in XRP futures contracts is rising, as their open positions have grown by almost 7% to $3.40 billion. The market growth indicates traders want to take advantage of upcoming positive news.
The market’s confidence rises because investors believe approval for an XRP exchange-traded fund may happen soon. According to Polymarket data, the chances of XRP receiving ETF approval by 2025 have reached 78%. An official XRP exchange-traded fund will attract more investing institutions and trading volumes that support XRP’s standing in the crypto market.
