XRP Bullish Reversal Amid Whale Activity and Ripple’s Potential Circle Acquisition: Implications for USDT Stability

XRP is showing strong signs of a bullish reversal as on-chain data reveals significant accumulation by large holders, commonly referred to as ’whales.’ Despite a recent 12% drop from weekly highs, trading at $2.33 as of May 21, 2025, technical patterns indicate an impending rebound. Two major developments are influencing market dynamics: sustained whale activity and rumors of Ripple Labs potentially acquiring Circle, the issuer of USDC. A successful acquisition could reshape the stablecoin landscape and impact USDT’s dominance. This article delves into the key factors driving XRP’s price action and what it means for the broader crypto market, particularly stablecoins like USDT.

XRP Price Forms Bullish Pattern Amid Whale Accumulation and Circle Acquisition Talks

XRP price is showing signs of a bullish reversal as on-chain data reveals sustained accumulation by large holders. The token traded at $2.33 Tuesday, down 12% from weekly highs, but technical patterns suggest an impending rebound.

Market dynamics are being influenced by two key developments: whale activity and Ripple Labs’ potential acquisition of Circle, the issuer of USDC. A successful deal would position Ripple as the second-largest stablecoin provider and third most profitable crypto project behind Tether and Tron. Circle has generated $1.58 billion in revenue this year alone.

The strategic move would complement Ripple’s recently launched RLUSD stablecoin, currently boasting a market cap exceeding $[missing data]. This consolidation in the stablecoin sector comes as institutional interest in digital assets reaches new thresholds.

Is Tron (TRX) Price Breakout To $0.3 Confirmed With Major Stablecoin Milestone

Tron Network has emerged as a dominant force in the stablecoin sector, surpassing ethereum in USDT transfer activity. This shift could signal a pivotal moment for TRX, with analysts eyeing a potential breakout toward $0.30.

The correlation between Bitcoin’s growth and Tether’s expansion suggests broader implications for Tron’s ecosystem. Sustained trading volume and network adoption may serve as catalysts for TRX’s upward trajectory.

Market observers note Tron’s competitive positioning against solana and Ethereum, particularly in stablecoin utility. The network’s recent performance has ignited speculation about its capacity to capture greater market share.

Stablecoin Market Hits $231B Amid Slowing Growth Momentum

The stablecoin market capitalization has reached a record $231 billion, marking a historic peak. Yet beneath the surface, the 90-day growth rate shows signs of slowing momentum—a potential indicator of mounting investor caution as Bitcoin trades above $65,000.

Tether (USDT) continues to dominate with a $150 billion market share, while newer entrants like FDUSD and PYUSD face waning confidence. Analysts suggest a rebound in the 90-day growth rate could reignite bullish sentiment reminiscent of mid-2021 cycles.