Ripple’s XRP Price Heating Up for $10 As XRP Whale Holdings Surpass 42 Billion Coins
2025-07-13 20:11:06
Main Idea
XRP's price is experiencing significant growth, driven by increased whale activity and speculation about Ripple's potential banking charter and XRP ETF launch.
Key Points
1. XRP's price has risen to $2.86, a 27% increase in the past week, breaking out of a previous trading range.
2. Whale holdings of XRP have reached 47.32 billion coins, with 2,742 wallets holding at least 1M XRP, indicating strong investor confidence.
3. Speculation is growing about Ripple potentially securing a U.S. banking charter and launching an XRP ETF, fueled by recent SEC clarity on XRP's status.
4. Ripple CEO Brad Garlinghouse has forecasted a massive $2 trillion market cap for the crypto industry, further boosting optimism around XRP.
5. Technical indicators suggest XRP could be eyeing the $3.33 price level, with potential for further gains.
Description
Having been gridlocked in the $2.20 to $2.30 zone for a couple of months, XRP has been able to find the right footing.
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