Binance $XRP Reserves Hit 3.61B ATH – Best Wallet Token Presale Nears $16M Amid the Rise

As bullish sentiment continues to build, Binance’s $XRP reserves have jumped to 3.61B this month, marking a record on the world’s largest exchange.

It’s not the only altcoin making waves. As the driving force behind the Best Wallet app, the Best Token ($BEST) presale is edging close to an impressive $16M.

$XRP Spike Fueled by ETF Speculation & New Ripple Partnership

The CryptoQuant chart shows Binance’s record-breaking $XRP reserve level, plus how $XRP has managed to climb in parallel.

Source: CryptoQuant

Alongside the reserve buildup, $XRP has rallied dramatically. Since trading below $0.50 in mid-2024, it has recently broken above the $3 mark, now edging closer to its historic high of $3.60.

The altcoin’s price is rising amid growing hopes of a Ripple ETF being approved by the Securities and Exchange Commission (SEC).

Polymarket data shows a 92% probability for $XRP ETF approval this year, reflecting an 11% increase compared to last month.

Source: Polymarket

Ripple itself is also bolstering $XRP’s stance. The fintech firm (which wants to power its low-cost cross-border payment network) has partnered with Spanish banking giant BBVA to launch digital asset custody solutions under the EU’s MiCA framework.

With this, Ripple not only boosts $XRP’s institutional credibility across Europe but also as a key player in regulated digital finance.

Source: X (Ripple)

In light of all this, $XRP shows sustained strength. On the weekly Relative Strength Index (RSI), $XRP sits around 58, which suggests the altcoin is more likely to rise than fall.

An RSI above 50 typically indicates that investors are in control. In turn, this reinforces confidence in its current rally.

Source: TradingView

Like $XRP, $BEST also attracts attention over its role in facilitating Web3 payments – but for its own distinct strengths.

Best Wallet Token Grants Low Gas Fees & Exclusive Presale Access

$BEST is behind Best Wallet, a non-custodial crypto wallet with a bold ambition: to take over the global wallet market by 2027.

Within the Best Wallet ecosystem, $BEST facilitates lower gas fees, access to top presales, governance rights, and staking rewards at an 84% APY.

Source: Best Wallet Token

The mobile app simplifies the process of managing, buying, selling, and swapping over 1K digital assets across top blockchains like Ethereum, BNB Chain, and Polygon.

It promises support for over 60 networks, so you’ll be able to access, trade, and store an even broader range of tokens.

Better yet, it’s built-in launchpad helps you discover early-stage projects with high profit potential. Meanwhile, its DEX aggregator scans 330+ decentralized exchanges and 30 cross-chain bridges to secure the most competitive swap rates available.

Looking ahead, it sets its sights on including an NFT gallery, crypto debit card, and real-time market insights – plus much more. 

Source: Best Wallet Token

All will be achieved without compromising security. As a non-custodial wallet, only you have access to your private keys. Plus, it helps keep your assets safe through 2FA, biometric login, and local encryption.

You’ll also be happy to know that Best Wallet offers cloud recovery. This way, you can recover your account without needing a traditional seed or recovery phrase.

$BEST makes all of these developments possible, as 25% of its total token supply goes toward product development.

Given its utility and investor perks, it’s no surprise that $BEST has already raised $15.7M on presale.

You can buy $BEST on presale for just $0.025625. But don’t wait around, as it’s due for a price increase in just eight hours.

For more information, here’s everything you need to know about $BEST.