CoinTR Logo
CoinTR
  1. News
  2. Analysis
  3. XRP Price Nears $2.50 Amid Surge in New Investors and Whale Activity

XRP Price Nears $2.50 Amid Surge in New Investors and Whale Activity

XRP sees surge in new addresses and whale activity, fueling momentum toward key $2.50 resistance level.

XRP Price Nears $2.50 Amid Surge in New Investors and Whale Activity
service

XRP Price- XRP Sees Highest New Wallet Growth in 4 Months

XRP PriceXRP has gained considerable momentum, driven by a wave of new retail investors and strong support from long-term holders (“whales”) during recent market dips. This powerful combination is lifting XRP toward fresh highs.

Spike in New XRP Addresses Signals Growing Interest

Over the past few days, nearly 7,000 new XRP wallets have been created each day—the highest daily increase in four months. This surge suggests “XRP is gaining significant traction in the market.” As more addresses join the network, demand typically rises, boosting both visibility and credibility for the asset’s market positioning.

XRP Price Nears $2.50 Amid Surge in New Investors and Whale Activity

Whales Strengthen XRP’s Foundation

Large holders are also showing confidence. Latest on‑chain data reveals that wallets containing at least 1 million XRP have reached an all‑time high of 2,743, collectively controlling 47.32 billion XRP—about $115 billion in value. Their continued holding “helps to stabilize its price, even during market downturns.” This whale resilience reinforces XRP’s ability to absorb volatility and sustain upward momentum.

XRP Price Nears $2.50 Amid Surge in New Investors and Whale Activity

XRP Eyes Key Resistance at $2.45–$2.50

XRP has climbed nearly 12% over the past week and is currently trading around $2.43—just shy of the key resistance level at $2.45. This zone has historically served as a barrier to further gains. However, with increasing retail participation and steadfast whale support, XRP appears poised to test this level again.

CoinTR
XRP Price Nears $2.50 Amid Surge in New Investors and Whale Activity

If XRP manages to hold above $2.45, the path toward $2.50 and potentially the next resistance at $2.54 could open up. Current sentiment points to sustained upward movement, but confirmation will rely on whether XRP can convert resistance into support and maintain buying pressure.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Cryptocurrencies and stocks, particularly in micro-cap companies, are subject to significant volatility and risk. Please conduct thorough research before making any investment decisions.

Cardano Price- Cardano Rally Supported by Historical Patterns and Technical Data

XRP Price Nears $2.50 Amid Surge in New Investors and Whale Activity
Comment

Your email address will not be published. Required fields are marked *

Login

To enjoy Crypto Data Space privileges, log in or create an account now, and it's completely free!