XRP Shatters Records—Is This the Fuel Ripple’s Price Needs to Rocket?

Another day, another crypto metric hitting absurd highs—except this time, it’s XRP’s turn. The ’digital asset for banks’ just notched an all-time record that has traders scrambling for their buy buttons.

What’s driving the surge? Speculation, as usual. But with Ripple’s legal battles fading in the rearview, the usual Wall Street suits might finally stop pretending they ’don’t understand the use case.’

Will this translate to price action? History says maybe—but in crypto, fundamentals are just decoration. Buckle up.

As The Graph below will show you, XRP whales went on a substantial buying spree after the US elections, which was somewhat expected given the anticipation for big regulatory changes in the country that could affect domestic crypto businesses, such as Ripple.

After a minor hiatus in December when the total number of such investors dropped, they returned in full force at the start of 2025 and haven’t looked back since, aside from some minor deviations.

Data from Glassnode shows that the number of addresses holding over 10,000 XRP has gone above 300,000, which is a record of its own. According to popular industry commentator Amonyx, this is “insanely bullish” as it serves as “absolute proof of surging investor confidence.”

INSANELY BULLISH: #XRP whales are showing up BIG time!

According to Glassnode, the number of addresses holding 10K+ XRP just smashed past 300K — absolute proof of surging investor confidence.

The big money knows what’s coming. Do you? pic.twitter.com/u1cVJApFjg

— Amonyx (@amonbuy) May 3, 2025

Recall that whales bought over 900,000,000 XRP in April alone. In USD terms, this massive fortune was worth close to $2 billion.

With the SEC legal case seemingly behind Ripple, the company is now focused on expansion after the acquisition of Hidden Road and the failed attempt to take over Circle. The XRP Army, on the other hand, is anticipating the approval of a spot ETF after the recent good news on the futures ETF front.

However, the US securities regulator delayed making a decision on Franklin Templeton’s XRP ETF applications and the new deadline is set for mid-June. ETF experts believe the summer of 2025 will see the approval of numerous such financial vehicles tracking the performance of various cryptocurrencies, including XRP.

Maybe that’s what the “big money” is preparing for.