• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Ripple Whales Increase XRP Holdings Amid Positive News

user avatar

by Giorgi Kostiuk

a year ago

The cryptocurrency market has moved significantly over the past week. XRP, initially sluggish, has shown impressive growth.

Increased XRP Holdings

According to Santiment, large wallets holding at least a million XRP have been aggressively accumulating. They now own over 45 billion XRP, the highest amount since June 2018.

Wallets with at least 1M XRP now hold a combined 45.61B tokens, their highest amount held since June, 2018. In the past 2 years, whales & sharks have reversed course and accumulated 3.44B more XRP, a +8.16% increase.

Political Changes and Impact on Ripple

Positive sentiment towards XRP stems from changes in the US political landscape. Donald Trump's presidential election victory has sparked optimism regarding potential regulatory changes affecting the crypto sector, including the ongoing legal battle between SEC and Ripple.

XRP Forecasts

XRP remains a leading altcoin with large cap, surpassing $0.8 for the first time in a year. Some analysts predict further price increases to $1 and even $3.3, though these forecasts are speculative given that Gary Gensler has not yet resigned from the SEC.

Despite speculation, interest in XRP continues to grow. Future regulatory changes in the cryptocurrency industry could significantly impact its development.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Innovator Team to Join Goldman Sachs Following Acquisition

chest

Innovator team will join Goldman Sachs Asset Management after acquisition, enhancing ETF expertise.

user avatarLeo van der Veen

Japan Prepares for Financial Transformation with Ripple's XRPL

chest

Japan is preparing for a financial transformation using Ripple's XRP Ledger for a tokenized economy, developing a zero-knowledge identity system for secure digital identities.

user avatarRajesh Kumar

TradingView Offers Community-Driven Technical Analysis for Crypto Traders

chest

TradingView provides a platform for technical analysis and community-shared market ideas.

user avatarMiguel Rodriguez

Arthur Hayes Predicts Rise of Privacy Tokens in 2026

chest

Arthur Hayes predicts that privacy-focused cryptocurrencies will gain traction in 2026 due to increasing demand for on-chain privacy.

user avatarArif Mukhtar

Maelstrom Shifts Focus to Zero-Knowledge Technology

chest

Investment firm Maelstrom is shifting its strategy to focus on zero-knowledge (ZK) technology in the cryptocurrency sector.

user avatarLuis Flores

Cat in a Dogs World: The Quirky Meme Coin

chest

Cat in a Dogs World embraces uniqueness in the meme coin space, attracting a dedicated community.

user avatarSatoshi Nakamura

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.