The post XRP Price News: XRP Whales Are Buying Big – Could $3 Be Next? appeared first on Coinpedia Fintech News
XRP is back in the headlines after jumping to $2.43, a price it hasn’t seen since May. Big holders, known as whales, are quietly buying more, while Ripple pushes for clearer crypto rules in the U.S. Many traders now believe XRP could break past $3 very soon.
Whales Keep Buying More XRP
According to market intelligence platform Santiment, a major XRP holder (whales) is quietly increasing their holdings. Currently, there are 2,742 wallets with at least 1 million XRP each, just one wallet shy of the all-time high of 2,743 recorded yesterday.
Together, these whale wallets hold a massive 47.32 billion XRP. This shows that the biggest holders are not selling, they’re adding more.
Whales usually make big moves when they expect future gains. And when they start buying, it often encourages smaller traders to jump in, hoping to catch the next rally.
Ripple Pushes for Clear Crypto Rules
Adding to the optimism is Ripple’s strong push for clear crypto rules in the U.S. Recently, Ripple’s CEO, Brad Garlinghouse, spoke before the U.S. Senate Committee on Banking, Housing, and Urban Affairs. He stressed the need for clear rules for digital asset markets to grow safely.
Garlinghouse highlighted Ripple’s compliance-first mindset and the expanding power of the XRP Ledger (XRPL) as a fast, scalable blockchain for cross-border payments and stablecoin use.
XRP Price Eying More
As of now, XRP is trading near $2.42, up about 4.4% in the last 24 hours. Meanwhile, the token has also broken out of its tight price pattern, moving above the $2.35 mark and now testing the next big barrier at $2.50.
Looking at the daily chart, the Relative Strength Index (RSI) is just under 70. This means XRP is not in the overbought zone yet, but it also doesn’t have huge buying strength right now.
If XRP can push above $2.60 and hold that line, traders may next watch for $2.95 and then $3.20. But to really aim for new record highs, XRP needs to cross above $3 and stay there.