XRP News Today: XRP Approaches $3 as Market Sentiment Soars on ETF and Holder Milestone

Fueled by growing speculation around a potential XRP ETF and the milestone of 6.6 million XRP wallet addresses, the sentiment surrounding Ripple’s native token has dramatically shifted, prompting traders and long-term holders alike to reevaluate their positions.

The broader crypto market is experiencing a bullish wave, largely inspired by Bitcoin’s record-breaking rally past $123,000. XRP has responded in kind, surging to a five-month high near $2.95. Despite $104 million in outflows from XRP-linked investment products last week, momentum hasn’t slowed. Instead, XRP’s derivatives market has shown notable strength, with Open Interest (OI) surging 12% to $8.3 billion and trading volume jumping 53% to $23 billion in just 24 hours, according to CoinGlass.

XRP was trading at around $2.90, down 2.92% in the last 24 hours at press time. Source: XRP Liquid Index (XRPLX) via Brave New Coin

This rise in activity reflects a growing “risk-on” sentiment, as traders position themselves for what many believe could be the beginning of a major breakout. Analysts point to a decisive close above $3.00 as a key trigger that could push the XRP price toward its next resistance zone around $3.40.

From a technical standpoint, XRP remains on solid footing. The Money Flow Index (MFI) has climbed to an elevated 92, and the Relative Strength Index (RSI) stands at 84 — both indicating strong momentum but also highlighting potential overbought conditions.

XRP’s strong breakout signals more upside ahead, with a brief pullback to $2.70 likely before the next leg higher begins. Source: Maddox_Metrics on TradingView

“While the market is clearly bullish, these indicators suggest caution is warranted,” noted QCP Capital in a Monday update, pointing out that the Crypto Fear & Greed Index has jumped from 40 to 70 in just three weeks. “High greed levels can often precede sudden reversals as investors rush to lock in profits,” they added.

Overhead resistance at $3.00 is critical, while support levels are identified near May’s peak at $2.65 and the 50-day EMA around $2.32.

The number of XRP wallet addresses recently crossed 6.6 million—a symbolic milestone that reflects growing interest in the token. While not all wallets represent unique or active users, analysts note that this expansion suggests increasing global awareness and engagement with the XRP ecosystem.

XRP’s growth stands out amid the altcoin surge, driven by real-world utility and over 6.6 million wallets, signaling a more mature market presence than in 2021. Source: Crypto Chrome via X

More revealing, however, is the data showing over 2,700 wallets now hold at least 1 million XRP each, collectively controlling nearly 47.3 billion XRP—close to half of the total circulating supply. This level of whale accumulation typically signals long-term confidence and often precedes major market movements.

The high concentration of XRP among large holders often signals the potential for significant price movements, as it typically indicates strategic accumulation in anticipation of future institutional inflows.

Among the biggest catalysts stirring optimism is the growing speculation around the approval of an XRP exchange-traded fund (ETF). With the U.S. SEC recently accelerating its ETF review process, the market is now watching closely as futures-based XRP ETFs are expected to go live between July 14 and 25.

Crypto experts believe a spot XRP ETF—widely seen as a more impactful product—could follow later this year. Forecasts suggest a high likelihood of approval before the end of 2025, a move that could usher in substantial institutional investment and add legitimacy to Ripple’s place in the financial ecosystem.

If the ETF ever comes into existence, the Ripple XRP price prediction for Q4 2025 can go from $3.50 to $4.00, depending on better overall market conditions.

In the short term, the XRP price is resisting the $2.95–$3.00 resistance level. If the trend of rising prices holds out, a breakout could propel XRP to $3.40 within the next couple of weeks.

XRP demonstrates strong upward momentum, breaking mid-channel resistance and retesting $2.84 as a potential support for further gains. Source: FX_Professor on TradingView

In the next year, the XRP price prediction 2025 is more optimistic. With the convergence of whale buying, ETF anticipation, and technical intensity, XRP can target levels beyond $4.00 through year-end—a scenario experts have labeled a “perfect storm.”

However, it’s wise to recall that the crypto market is still a volatile one. Short-term performance may be affected by profit-taking, sentiment changes, and general macroeconomic conditions. But for the time being, XRP seems to be enjoying a confident ride, one that has the potential to redefine its path after years of consolidations.

This new wave is happening on the heels of increased attention to Ripple XRP and optimism about its place in the evolving digital assets environment. The constant Ripple vs. SEC case is still at the back of everyone’s mind, but with expectations turning bullish and institutional doors potentially opening through ETFs, XRP crypto news is full of anticipation.

As always, investors are encouraged to monitor market developments, watch key support/resistance levels, and remain informed—especially as the price of XRP today flirts with a psychological breakthrough moment.