#xrp
XRP whales have been actively accumulating tokens, sparking optimism in the market. Recently, they bought 40 million coins, which contributed to a 3% price surge . This buying spree suggests that investors are taking advantage of the dip in XRP's price.
In the past week, large XRP investors have added 590 million XRP worth $1.29 billion, indicating confidence in the token's long-term growth . The positive market sentiment is also reflected in XRP's funding rate, which suggests bullish expectations.
Some experts predict that XRP could rally to $3.5, with one crypto market expert, Bark, urging investors to "keep accumulating" the token as it's poised to "make history in 2025" . Additionally, the listing of Ripple's stablecoin, RLUSD, on the Independent Reserve exchange in Singapore has further fueled optimism about XRP's growing popularity .
Here are some key points to consider:
- *XRP Price Movement*: XRP's price jumped 3.2% to $2.25, with a one-day trading volume of $7.63 billion .
- *Whale Activity*: XRP whales have moved over $132 million in XRP recently .
- *Market Sentiment*: Positive market sentiment and bullish expectations .
- *Future Predictions*: Potential rally to $3.5 and a breakout to $4.03 .