XRP Ledger is experiencing a notable surge in activity as XRP prices approach 2018 highs. This is driven by significant transactions and increased institutional purchases.
Price Increase of XRP
XRP is showing price growth, indicating rising confidence in the market and potential for increased institutional interest. As of July 19, 2025, XRP is nearing historical highs, attracting attention from market participants.
Major Transactions and Institutional Activity
On July 19, 2025, a major transaction of 20.5 million XRP was recorded moving to Coinbase. Whale Alert noted this deal as '20.5 million XRP—worth over $70 million at the time—from an unknown wallet to Coinbase', indicating significant market movement and speculation potential. Ripple CEO Brad Garlinghouse has not yet commented on the activity spike. Moreover, large XRP transfers have been identified, suggesting changes in market activity.
Market Impact and Future Prospects
Daily transfer volume on the XRP Ledger hit $1.4 billion, the highest since February 2025. The surge in institutional activity has driven optimism in the cryptocurrency sector. Increased blockchain activity reflects the potential for a broader industry impact. Key metrics like moving averages suggest an evolving XRP price trajectory. Companies and investors are monitoring market reactions, as regulatory updates may further influence the availability and value of XRP-related assets.
The increase in activity on the XRP Ledger and the rise in prices highlight growing investment interest and potential shifts in market dynamics. Future events, including regulatory changes, will significantly impact this sector.
