XRP Price Surges Amid ETF Speculation and Massive Coinbase Transfer

A significant transfer of 25.5 million XRP, worth over $56 million, to Coinbase from an anonymous wallet has sparked market speculation. Contrary to expectations of a sell-off, XRP's price surged nearly 5% within an hour, rising from $2.20 to $2.29. This development coincides with growing Optimism around a potential spot XRP ETF, fueled by Ripple's strategic decision to drop its cross-appeal in the SEC lawsuit. The move has reignited bullish sentiment among investors, who are closely watching regulatory developments and market trends. As of July 2, 2025, XRP continues to show strong momentum, with many anticipating further gains if the ETF approval materializes.

$56M XRP Transfer to Coinbase Sparks Speculation Amid ETF Hype

A staggering 25.5 million XRP, valued at over $56 million, was transferred to Coinbase from an anonymous wallet, triggering market speculation. Contrary to expectations of a sell-off, XRP's price surged nearly 5% within an hour, climbing from $2.20 to $2.29.

The move coincides with growing optimism around a potential spot XRP ETF, fueled by Ripple's strategic decision to drop its cross-appeal in the SEC lawsuit. Regulatory clarity appears to be reigniting institutional interest, with the token maintaining its position as the third-largest cryptocurrency by market cap.

Market analysts suggest the whale transaction may signal positioning ahead of major developments. The unusual price action underscores how large movements can simultaneously spark caution and excitement in crypto markets.

XRP Poised for Another Rally as Analyst Predicts ‘Round 2’

Pseudonymous crypto analyst Don Alt has reignited bullish sentiment around XRP, suggesting the altcoin may be primed for another significant rally. The analyst, who accurately predicted XRP's 322% surge in late 2024, now points to emerging technical and fundamental catalysts that could drive renewed momentum.

XRP's current price action shows signs of recovery, trading at $2.31 with a 5% daily gain after bottoming at $1.60 in April. Market observers note the potential approval of a spot XRP ETF this summer could serve as a major institutional catalyst, while the XRP Ledger's new EVM compatibility enhances its developer appeal.

The altcoin's historical volatility and recent infrastructure improvements have traders watching for a potential repeat of its explosive Q4 2024 performance. With regulatory clarity and ecosystem growth converging, XRP appears positioned for its next major market move.

XRPL EVM Sidechain Launches on Mainnet, Expanding XRP’s Smart Contract Capabilities

The XRPL EVM Sidechain has officially gone live on mainnet, marking a pivotal moment for the XRP Ledger ecosystem. This breakthrough enables developers to deploy ethereum Virtual Machine-compatible decentralized applications using XRP as the native gas token—addressing years of community demand for EVM functionality.

With a 3.4-second block time and 1,000 transactions per second capacity, the sidechain connects directly to XRPL's battle-tested infrastructure supporting over 6 million wallets. Its Proof-of-Authority consensus mechanism leverages a network of 25+ validators, prioritizing both speed and regulatory compliance.

Strategic integrations with cross-chain protocols Axelar, Squid, and Wormhole unlock new DeFi possibilities. The Axelar bridge notably positions XRP at the center of an 80+ blockchain interoperability network—transforming the asset into a cross-chain liquidity vehicle.

XRP Price Surges, Then Cools — Will Bulls Return for Round Two?

XRP price staged a notable recovery, climbing above the $2.220 resistance level before encountering a pullback. The digital asset now hovers NEAR $2.20, with traders watching for signs of renewed bullish momentum.

A key trendline forms at $2.20 on the hourly chart, coinciding with the 76.4% Fibonacci retracement level of the recent upswing from $2.165 to $2.327. The 100-hour moving average provides additional support near $2.180, creating a potential springboard for another rally.

Market participants eye the $2.280 level as immediate resistance, with a decisive break above $2.30 potentially reigniting buying pressure. The earlier surge saw XRP outperform both Bitcoin and Ethereum, suggesting growing investor interest in the altcoin.

Ripple (XRP) Poised for Potential Surge to $37.5 Amid Market Optimism

Ripple (XRP) continues to solidify its position as a frontrunner in the cryptocurrency market, defying challenges to maintain its leadership in cross-border payments. Analysts highlight a recurring price pattern that historically precedes significant rallies, with current indicators suggesting a potential breakout.

Egrag Crypto's technical analysis points to an April 2025 EMA retest as the foundation for a forthcoming "blow-off peak" phase. The projection outlines two ambitious price targets: a conservative $9.5 and an optimistic $37.5, contingent on market momentum and broader crypto ETF developments.

The token's resilience and expanding utility cases are drawing increased institutional attention, particularly as regulatory clarity improves. Market watchers note XRP's unique position at the intersection of payment solutions and speculative trading opportunities.

Ripple Integrates Wormhole Protocol to Connect XRP Ledger Across 35+ Blockchains

Ripple's integration of the Wormhole protocol marks a strategic leap in blockchain interoperability, enabling XRP and tokenized assets to traverse more than 35 networks. This move directly responds to institutional demand for seamless cross-chain infrastructure, with Ripple's RLUSD stablecoin already maintaining a $400 million circulating supply.

The Wormhole messaging LAYER unlocks simultaneous smart contract execution across ecosystems, paving the way for compliant, multi-chain dApps. David Schwartz, Ripple's CTO, frames this as essential infrastructure for mainstream adoption—preserving native chain controls while eliminating silos.

XRPL continues to cement its position as an institutional hub, with Dubai's real estate tokenization platform demonstrating practical utility. The protocol's cross-chain capabilities now enable fractionalized assets to FLOW between DeFi networks and traditional finance rails.