XRP Whale Activity Signals Potential Breakout Above $3 as Market Momentum Builds
XRP's price is showing strong bullish signals, currently trading at $2.42 with a 2.54% increase in the past 24 hours. Whale accumulation and a 23.51% surge in trading volume to $4.93 billion suggest an imminent breakout above $3. Institutional interest is growing, driven by anticipated legal victories and new banking partnerships for Ripple's cross-border settlement network. With a market cap of $143.2 billion, XRP is poised for significant upward movement as market momentum builds.
XRP Price Prediction: Whale Accumulation Signals Imminent Breakout Above $3
XRP's price action is gaining momentum, with the token currently trading at $2.42, up 2.54% in the past 24 hours. Whale activity suggests a potential breakout above $3 as trading volume surges 23.51% to $4.93 billion. Institutional interest appears to be growing ahead of anticipated legal victories and new banking partnerships for Ripple's cross-border settlement network.
With a $143.2 billion market cap, XRP remains undervalued according to many analysts. The token's utility-driven fundamentals contrast sharply with meme coins, positioning it as a potential leader in the 2025 altcoin market. Remittix, a new project inspired by XRP's model, is emerging as the ecosystem expands.
XRP Price Surges as Ripple Partners with BNY Mellon for Stablecoin Custody
XRP has broken out of a months-long falling wedge pattern, with its price jumping over 5% in 24 hours and 16% this past week. The cryptocurrency decisively breached the $2.29 resistance level, drawing attention from traders and analysts alike.
The rally coincides with Ripple's announcement that BNY Mellon will serve as the official custodian for its new stablecoin, RLUSD. This partnership marks a significant milestone for Ripple, as BNY Mellon is one of the most established financial institutions in the U.S. The collaboration signals growing institutional trust in Ripple's infrastructure and provides a strong endorsement from traditional finance.
Whale activity has intensified alongside the price movement. A 200 million XRP transfer, worth over $477 million, was spotted moving from a Ripple-controlled wallet to an unknown address shortly after the breakout. Such large-scale movements often precede significant market developments.
Ripple CEO Brad Garlinghouse’s Net Worth Climbs to $10B After SEC Settlement
Ripple Labs CEO Brad Garlinghouse has seen his net worth surge to an estimated $9-$10 billion following the resolution of the SEC lawsuit. The bulk of his wealth stems from a 6.3% equity stake in Ripple and substantial XRP holdings, cementing his position as one of cryptocurrency's most influential executives.
Garlinghouse's leadership transformed Ripple from a blockchain startup into a fintech powerhouse. His 2016 appointment as CEO marked the beginning of a strategic push toward establishing Ripple's vision for an "internet of value"—a decentralized financial infrastructure rivaling traditional systems.
The SEC lawsuit became a defining battle for crypto regulation, with Ripple's partial victory setting a precedent for digital asset classification. Garlinghouse's background—from his early computing passion in Kansas to executive roles at Yahoo! and AOL—shaped his unorthodox approach to challenging financial incumbents.
XRP Price Prediction: Analyst Says XRP Season Has Started With $4.35 in Sight This July
XRP has surged over 7% in 48 hours, now trading around $2.59, following Ripple's custodial partnership announcement with BNY Mellon. The MOVE signals institutional credibility and breaks a year-long descending trendline, with technical indicators confirming bullish momentum.
Crypto analyst Alex Cobb declares the start of 'XRP season,' projecting a $4.35 target this month. The coin currently consolidates above key EMAs and Bollinger Band resistance, suggesting further upside potential.
Fact Check: Did Tom Lee Say “XRP Could Create Millionaires in the Next 90 Days”?
A viral claim attributing a bold XRP price prediction to Wall Street strategist Tom Lee has been debunked as misinformation. The statement, suggesting XRP could "create millionaires in the next 90 days," lacks any verified source or official record.
Binance's fact-checking team confirmed the quote is fabricated. While Lee is known for his bullish stance on crypto assets, no interviews, articles, or videos substantiate this specific claim about XRP. The false narrative appears to have resurfaced after first circulating four months ago.
Market participants should exercise caution with unverified social media hype, particularly around altcoins like XRP. The cryptocurrency community remains vulnerable to pump-and-dump schemes fueled by fabricated endorsements from prominent figures.
Ripple CEO Foresees $2T Stablecoin Market Amid RLUSD Launch
Ripple CEO Brad Garlinghouse projects the stablecoin market could surge to $1–2 trillion within years, up from its current $250 billion valuation. Speaking on CNBC, he described the growth trajectory as "profound," with institutional interest accelerating adoption. Ripple's entry into the sector with RLUSD leverages its legacy in compliant cross-border payments.
BNY Mellon will custody RLUSD's reserves, lending institutional credibility. The partnership signals Ripple's strategic pivot to capitalize on stablecoin demand while differentiating through regulatory rigor. Garlinghouse noted RLUSD's $500M milestone reflects pent-up demand for trusted dollar-pegged assets.
