XRP has been in tears in recent trading sessions. Cryptocurrency has been on the rise since July 8th, making profits for five consecutive days, and today it is the sixth place in the green if trading closes.
Following the breathtaking rally, XRP has surged to $3, indicating that this is the first time the coin has reached this level, especially since February 2025.
Analysts point to a strong technical structure, and veteran trader Peter Brandt finds a compound fulcrum on the XRP chart following an incorrect breakout in April.
The XRP rally seems to be more than just technology. Large whale transactions have been discovered in the chain. The recent move of approximately $497 million XRP between unknown wallets sparked speculation. Many wonder if the institutional players are repeating themselves in the market again or if they are relocating ahead of further profits.
According to Whale Alert, “167,694,497 XRP worth $497,506,212 has been transferred from an unknown wallet to an unknown wallet.”
🚨🚨🚨🚨🚨167,694,497 #xrp (497,506,212 usd) transferred from unknown wallet to unknown walthttps://t.co/NKT32UQ7TL
– Whale Alert (@Whale_Alert) July 14, 2025
At the time of pressing, XRP rose 6.41% in the last 24 hours to $301 per week, and rose 30% per week to become the third largest cryptocurrency, with a market capitalization of $1783.7 billion, surpassing Tether (USDT). To date, cryptocurrency has increased by 33% in July.
XRP Positive Development
In a recent tweet, XRP enthusiast Bill Morgan has called the crypto community to the attention of Mercurity Fintech’s filing Form K-6 with the SEC and announced the launch of the $500 million Defi Basket Treasury, consisting of Solana, Ethereum, ADA, XRP and BNB.
In another milestone, 3IQ Digital Asset Management revealed that the XRP ETF, currently ranked as Canada’s largest XRP ETF, has accumulated over $50 million in client assets since its launch on June 18th.
With the TJE XRP priced at a higher trading, the eye is $3.40 ahead of $4, with a recent forecast targeting $4.40.
