XRP Surges 30 Percent as Whales Accumulate Millions

XRP is seeing a major comeback, jumping 30 percent over the last day to hit $1.30. This price point marks the first time the asset has traded this high since June 1. The rally is a massive turnaround for the coin, which was struggling to hold above the $1.00 level just last week.

Large investors are driving a significant portion of this momentum. Data shows that whales have added over 300 million XRP to their wallets since the start of the week. By pulling this much supply off the open market, these major holders are reducing selling pressure and sending a strong signal of confidence to smaller retail investors.

Market analysts are now looking for the next big move. Some observers suggest the recent correction is officially finished and point toward optimistic long term price targets. While predictions vary wildly, the sudden shift in sentiment shows that traders are once again paying close attention to XRP.

Keep an eye on whether the price can maintain this momentum above $1.30. If the current buying trend continues, it may set the stage for further gains as the broader market follows bitcoin toward new local highs.