XRP’s Bullish Momentum: Whales Accumulate and ETF Hopes Fuel Rally

XRP is showing strong technical momentum as it sustains levels above $2.20, backed by whale accumulation and growing Optimism around a potential ETF. With bullish indicators and institutional interest on the rise, the cryptocurrency appears poised for further gains.

XRP Technical Momentum Builds as Whales Accumulate and ETF Prospects Brighten

XRP’s market trajectory shows renewed vigor, with the token sustaining levels above $2.20 amid bullish technical formations. The asset now trades comfortably above its 50-day and 100-day exponential moving averages—a classic indicator of sustained upward momentum.

Whale activity has surged, with 900 million XRP acquired over the past month. This accumulation pattern mirrors institutional confidence seen during previous crypto market rallies. Meanwhile, analysts assign an 85% probability to the approval of a spot XRP ETF, a development that could mirror Bitcoin ETF inflows.

The confluence of technical strength, whale accumulation, and regulatory tailwinds positions XRP for potential breakout toward the $2.50 resistance level. Market participants now watch for sustained volume to confirm the next leg upward.

XRP Rocket Explosion Imminent As 78% Probability of Spot ETF Approval Ignites Market

Ripple’s XRP has started the new month with a surge in spot market strength, signaling growing buyer confidence amid broader cryptocurrency volatility. The shift suggests a decline in speculative trading as investors double down on spot holdings.

Spot premium markets are seeing elevated XRP trading activity, indicating strong underlying demand. Glassnode data reveals sustained optimism among XRP holders over recent months, reinforcing the asset’s bullish momentum.

900M XRP Scooped By Whales In 30 Days, Time For Price Breakout?

XRP has demonstrated notable resilience in recent weeks, rebounding from a low of $1.6877 to reclaim the $2 threshold. This upward trajectory coincides with aggressive accumulation by large-scale investors, commonly referred to as whales.

On-chain analyst Ali Martinez reports that whales have acquired 900 million XRP—valued at approximately $1.8 billion—over the past month. The timing of this accumulation aligns with the asset’s price recovery, suggesting strategic positioning ahead of potential market movements.

Martinez’s data reveals a pronounced spike in whale activity, reinforcing the narrative of institutional interest in XRP. Such substantial inflows could influence both liquidity and price dynamics in the NEAR term.

Ripple Legal Victory Signals Shift in SEC Crypto Enforcement Approach

The U.S. Securities and Exchange Commission’s decision to drop its case against Ripple marks a pivotal moment for cryptocurrency regulation. Ripple’s Chief Legal Officer Stuart Alderoty framed the move as a broader retreat, noting the SEC has now abandoned all pending enforcement actions against crypto firms nationwide.

"You can’t enforce laws you haven’t clearly defined," Alderoty asserted in a pointed critique of the SEC’s previous strategy. The statement underscores growing industry frustration with regulation-by-enforcement tactics that lacked established guidelines.

Legal experts view this development as potentially catalyzing clearer regulatory frameworks for digital assets. The SEC’s apparent reversal comes amid increasing judicial skepticism toward its expansive claims of jurisdiction over cryptocurrency markets.