Despite pressure from whales and declining network activity, XRP price has again risen above $3 in late August 2025.
Possible Price Breakout for XRP
XRP maintained its price above $3 as traders watched a bull flag pattern forming on the daily chart. This pattern often indicates that prices could continue to rise following a period of consolidation. Market analyst Rose Premium Signals marked potential targets at $3.6234, $3.8608, and $4.1066 if the breakout from this bull flag is confirmed. By the end of Q2, its market capitalization reached $132 billion, an 8.5% increase from the previous quarter. However, traders remained cautious as data suggested possible selling pressure from large holders.
Whale Selling Pressure
On-chain data suggested that XRP whales were selling during this period. Analyst Maartunn indicated that the distribution from large wallets was clear and ongoing. Heavy selling by whales often weighs on prices, even when charts signal possible gains. At this time, the average number of active addresses in the network dropped by 41.2% from the previous quarter to 75,200.
XRPL Status and Updates
The latest quarterly report from Messari painted a mixed picture for the XRP Ledger. Ripple's dollar-pegged stablecoin, RLUSD, ended the quarter with a market cap of $65.9 million, making it the largest stablecoin on the ledger. The total market cap of issued currencies on XRPL rose by 35.7% to $382 million. The report also noted key upgrades including the launch of the EVM Sidechain, allowing Ethereum compatibility. However, despite these updates, transaction volume decreased by 20%, with an average of 1.6 million daily transactions.
In conclusion, XRP has shown resilience by breaking above $3; however, the behavior of large holders and the decline in network activity remain significant factors influencing future developments.
