XRP Soars Past $3 Amid ETF Anticipation and Institutional Demand

XRP has surged past the $3 mark, reaching a peak of $3.09 before stabilizing around $3.05, marking a significant technical and psychological breakout. Analysts are optimistic about further gains, projecting a potential rise to the $3.40–$3.60 range, driven by bullish expectations surrounding the upcoming ETF launch. The 24-hour trading window ending July 17 witnessed a 4.85% increase in XRP's price, with trading volume spikes exceeding 170 million XRP during afternoon sessions. This surge in volume highlights robust institutional participation, underscoring growing confidence in XRP's market potential. The rally aligns with mounting anticipation for the ETF, which is expected to attract even more institutional investment and liquidity into the XRP ecosystem. As of July 19, 2025, XRP continues to demonstrate strong momentum, with traders and investors closely monitoring its performance for further breakthroughs.

XRP Breaks $3 Ahead of ETF Launch as Institutional Volume Surges

XRP surged past the $3 mark, peaking at $3.09 before stabilizing around $3.05, signaling a technical and psychological breakout. Analysts project further gains toward $3.40–$3.60, fueled by bullish ETF expectations. The 24-hour trading window ending July 17 saw a 4.85% rise, with volume spikes exceeding 170 million XRP during afternoon sessions—evidence of robust institutional participation.

The rally coincides with mounting institutional interest ahead of ProShares' XRP Futures ETF, the first regulated U.S. product tied to XRP derivatives. Approved by the CFTC, the ETF will trade on NYSE Arca, diverging from spot XRP proposals still under SEC scrutiny. Market data reveals structured buying anchored at $2.98–$3.00 support levels, underscoring liquidity-driven strength rather than speculative froth.

XRP Price Could Target $4.80 if Key Resistance Level Breached, Analyst Suggests

Cryptocurrency analyst Ali Martinez has identified a critical technical pattern that could propel XRP to $4.80 if the asset closes above a specific resistance level. The analysis hinges on a Parallel Channel formation observed in weekly price charts—a technical indicator signaling potential breakout momentum.

Parallel Channels, characterized by price consolidation between two parallel trendlines, often precede significant moves. A breakout above the upper boundary typically indicates bullish continuation. Martinez's chart reveals XRP has been trading within such a channel for months, with the $4.80 target emerging from measured MOVE calculations.

The analysis lacks exchange-specific data but carries implications for all trading venues supporting XRP pairs. Market participants will monitor the weekly close for confirmation of the breakout scenario.

Whale Accumulation Drives XRP Toward Record Highs

XRP surged past $3.16 amid aggressive whale accumulation, with large holders purchasing 2.2 billion tokens over two weeks. The rally reflects growing institutional interest, compounded by a newly approved ETF and open interest reaching $9.25 billion.

Blockchain trackers identified multiple eight-figure transfers, including a $73.6 million deposit to Coinbase. Analysts now watch the $3.30 monthly close as the breakout threshold for uncharted price territory.

XRP Perpetual Futures Open Interest Hits Record $8.8B Amid Market Surge

XRP's price surged to a six-month high near $3.05, fueled by a spike in notional open interest for its perpetual futures contracts. The total value of Leveraged positions climbed to an all-time high of $8.8 billion, surpassing the previous record of $8.3 billion set in late January.

Centralized exchanges Bitget and Binance dominated the leveraged trading scene, controlling $1.94 billion and $1.48 billion of XRP perpetual futures, respectively. Funding rates across most venues were positive and climbing, signaling strong bullish sentiment as longs paid shorts to maintain positions.

Whale activity intensified, with the number of wallets holding at least 1 million XRP tokens reaching an all-time high. These large holders collectively control over 47.32 billion tokens, underscoring growing institutional interest in the asset.

Ripple Expands Blockchain Footprint in UAE With Real Estate and Custody Deal

Dubai is embracing Ripple's XRP Ledger to modernize its real estate sector through tokenized property deeds. The Dubai Land Department's adoption marks a significant milestone in blockchain-based asset custody, leveraging Ripple's secure and scalable infrastructure.

The July 16 announcement signals Ripple's strategic push into the UAE's tokenized asset market. This government-backed initiative positions XRP Ledger as critical infrastructure for institutional-grade digital asset solutions.

Whale sends $73M XRP to Coinbase – Is a sell-off imminent?

A significant whale transaction involving 25.5 million XRP tokens, valued at $73.6 million, was transferred to Coinbase on 16 July. This move coincides with a daily net outflow of $9.69 million from spot markets, extending XRP's trend of exchange outflows. Such large-scale activity often signals investor caution or profit-taking by major holders, historically preceding short-term price declines.

The Network Value to Transactions (NVT) ratio for XRP surged 39.47% in 24 hours, reaching 127.95—a level suggesting potential overvaluation. This metric, which compares market cap to transaction volume, indicates speculative trading may be outpacing organic utility growth. Market participants should monitor these developments closely as XRP approaches a key resistance zone.