XRP Whale Holdings Surge to Near-Record Levels as Price Hits 7-Week High
XRP has recently surged to $2.41, marking its highest price point in seven weeks, driven by significant whale activity and bullish market momentum. According to Santiment data, 2,742 wallets now hold over 1 million XRP each, collectively controlling a staggering 47.32 billion tokens—just shy of the all-time record. This resurgence underscores growing institutional confidence in XRP's long-term value proposition. Additionally, trading volume spiked by 44.40% to $9.01 billion, accompanied by a notable increase in open interest, further highlighting the asset's strong market performance. As of July 27, 2025, XRP continues to demonstrate robust potential, with whale accumulation and heightened trading activity signaling sustained bullish sentiment.
XRP Whale Holdings Near Record High as Price Hits 7-Week Peak
XRP surged to $2.41, marking its highest level in seven weeks as whale activity and bullish momentum dominate the market. Santiment data reveals 2,742 wallets now hold over 1 million XRP, collectively controlling 47.32 billion tokens—just shy of the all-time record. The resurgence reflects growing institutional confidence in the asset's long-term value.
Trading volume spiked 44.40% to $9.01 billion, with open interest climbing 11.55% to $5.54 billion. Derivatives markets mirror the frenzy—options volume exploded by 300% as traders position for continued volatility. Technical indicators flash bullish signals despite short-term overbought conditions, suggesting sustained upward potential.
THORChain Unveils Q2 2025 Milestones and Q3 Roadmap
THORChain's Q2 2025 ecosystem report underscores pivotal advancements, including the launch of TCY and the integration of XRP. These developments mark a strategic shift toward refining cross-chain swap capabilities and strengthening the App Layer. The quarter also saw progress on TRON and native USDC integrations, aimed at enhancing liquidity for high-demand assets.
Protocol improvements such as Batch Bifrost attestations and extended UTXO memos were introduced to optimize network efficiency. Operational tools like Maintenance Mode and bond provider migration further fortified the network's infrastructure. The Q3 roadmap prioritizes reducing block times and expanding chain support, signaling continued momentum in THORChain's cross-chain ambitions.
Ripple Price Prediction For July 10
XRP surged 5% in the past 24 hours, trading NEAR $2.42 as it tests a critical resistance zone between $2.31 and $2.36. A daily close above $2.36 could propel the token toward $2.44-$2.45, with $2.61-$2.62 as the next target—a level last seen in mid-May.
Technical patterns suggest caution: a rising wedge formation on shorter timeframes indicates potential bearish momentum if XRP falls below $2.27. Such a drop might trigger a pullback to $2.21 or $2.17 support levels.
Market analysts note subdued global trading volumes, warning this rally could reflect speculative activity rather than sustained bullish momentum. "Traders should remain vigilant," one expert cautioned, citing risks of a pump-and-dump scenario.
Ripple CEO Declares XRP Court Win at Senate Hearing: ‘We Prevailed’
Ripple CEO Brad Garlinghouse emphasized regulatory clarity during a U.S. Senate hearing on cryptocurrency oversight. The executive highlighted Ripple's use of XRP for cross-border payments while recounting the company's legal victory against the SEC last year.
Garlinghouse warned lawmakers that regulatory uncertainty continues driving crypto innovation offshore. 'Unclear rules get weaponized against good actors,' he stated, noting Ripple's 900-employee global operations now face fewer constraints following their court triumph.
XRP Shows Bullish Signals Amid Key Support Hold
XRP is maintaining its position above a crucial support level, with traders eyeing a potential breakout toward the upper boundary of its trading range established since December 2024. Analysts highlight bullish technical patterns, bolstered by rising adoption metrics and Ripple's growing institutional footprint. A decisive MOVE could propel XRP toward higher resistance levels.
Is Ripple Evolving Into an XRP Treasury Company? Bitwise CEO Poses the Question
Ripple has partnered with BNY Mellon, the world's largest custodian bank, to secure reserves for its stablecoin RLUSD, which now exceeds $500 million in circulation. This collaboration underscores Ripple's expanding footprint in payments and stablecoin services.
Bitwise CEO Hunter Horsley sparked debate by suggesting Ripple could soon be perceived as an "XRP treasury company." The remark drew polarized reactions, with some viewing it as a bullish signal for Ripple's trajectory and others dismissing it as premature hype.
Horsley, in a CNBC interview, framed 2025 as a pivotal year for crypto adoption. He likened the current regulatory thaw—with U.S. policymakers showing increased openness—to the iPhone's disruptive entry into mainstream business infrastructure.
