XRP has seen significant growth recently, surpassing $2.50 and gaining 14%, amid a major legal victory for Ripple and active accumulation by major investors.
XRP: Price Surge and Investor Activity
After the SEC dropped its appeal against Ripple, XRP surged past $2.50, gaining 14%. This inspired major investors who continued to accumulate assets. Data shows large holders increased their stash by 6.5%, totaling 46.4 billion XRP, valued at around $114 billion. Simultaneously, network activity also exploded, with six times more unique wallets interacting on the blockchain in March.
Potential XRP Role in U.S. Reserves
Ripple CEO Brad Garlinghouse hinted at a possible role for XRP in a U.S. strategic digital reserve. In a recent Bloomberg interview, he referenced President Donald Trump's executive order proposing a national crypto reserve that could include XRP. With high-level support, the company is confident about its future, especially after potential XRP ETF approval.
Future XRP Growth Predictions
The conclusion of the SEC case and recent FOMC meeting reactions have led to positive XRP forecasts. Experts believe the third-largest crypto asset could soon experience a significant breakout. Recently reaching $2.57, many are speculating whether it can surpass $3—a level not seen since the 2017 bull run.
Positive legal changes and increasing interest from large investors make XRP one of the most attractive cryptocurrencies currently on the market. If the market continues its upward trend, XRP could see further growth and draw more attention from institutional investors.
