The surge in interest from major investors towards the cryptocurrency XRP is noted against the backdrop of its price stabilization. This may indicate the market's readiness for new movements.
Price Stabilization of XRP
The price of XRP has stabilized around $2.14, indicating growing confidence among major investors.
Increase in Major Holders
The number of wallets holding over 10,000 XRP has surpassed 300,000, showcasing a steady increase in large investments. Notably, addresses with balances between 100 million and 1 billion XRP have been particularly active, acquiring an additional 350 million tokens last month.
Market Expectations and XRP's Future
This accumulation trend suggests that whales are positioning themselves ahead of potential market developments, such as the anticipated launch of XRP futures ETFs and ongoing discussions regarding XRP's role in institutional portfolios.
With increased activity among major XRP holders and price stabilization, the market may be on the verge of new changes. XRP is becoming a token to watch in the coming months.
