The cryptocurrency XRP is experiencing significant changes: major investors are becoming active on Binance, and the future of Ripple is becoming clearer after the conclusion of the SEC case.

XRP on Binance: A History of Growth

XRP whales have preferred Binance for deposits since 2021. Despite the pruning of liquidity pools and pairs, reserves of XRP on Binance continue to grow. More than 14% of XRP trading is concentrated in two Binance trading pairs. Deposits accelerated towards the end of 2021, as stated by CryptoQuant. Binance supports XRP staking, attracting large investors despite US regulatory constraints.

Major XRP Holders and Their Strategies

Binance has eight wallets holding XRP, with a total volume exceeding 3 billion tokens, making it one of the largest holders after Ripple itself. Bitso, Bitstamp, and Bybit also attract interest from XRP whales. For instance, one investor sent over $11 million worth of XRP to Bitso following a recent price rally.

End of SEC Case and Its Impact

The SEC lawsuit may have concluded, as the commission did not file an appeal in the designated time. This opens new opportunities for XRP trading. However, the question remains whether XRP can become an attractive investment asset again. Ripple continues to develop its technologies, aiming for stablecoin integration and tokenization, which could impact XRP's demand.

XRP continues to attract major investors and remains a potentially profitable asset. The conclusion of the SEC case may boost confidence in Ripple and XRP's growth, but uncertainties persist, requiring a cautious approach to investments.