XRP News Today: XRP Gains 45% Amid Altcoin Season Despite 15% Drop From Record High

XRP’s price trajectory has drawn significant attention following a volatile week that saw the token surge to a record high of $3.65 before retreating 15% from its peak. The cryptocurrency’s recent performance reflects both optimism and caution among market participants. While some analysts argue that XRP retains upward momentum due to strong retail investor interest and technical indicators, others highlight short-term risks stemming from sharp corrections and large on-chain movements.

The initial spike in XRP occurred after a seven-year rally culminated in a new all-time high on July 18, driven by whale accumulation and record on-chain holdings of 47.32 billion XRP [1]. However, the token quickly faced profit-taking pressure, dropping below critical support levels within 24 hours [2]. A $140 million transfer linked to Ripple co-founder Chris Larsen further amplified market jitters, contributing to a 10% price decline [2]. Despite these pullbacks, XRP’s price has shown resilience near the $3.40 support level, with some traders noting a flipped trendline that has prevented a deeper breakdown since mid-July [3].

The broader cryptocurrency market context suggests a potential altcoin season is emerging. Bitcoin’s dominance has dipped to a five-month low of 60.51%, a historical precursor to altcoin outperformance [4]. XRP, along with Solana and Dogecoin, has emerged as a top performer in this environment, with XRP gaining 45% in a month as of July 25 [4]. Institutional buying pressure and retail investor appetite for exposure to altcoins have further fueled this trend. For instance, XRP’s exchange volume increased by 6% in the past month, indicating sustained demand despite rising selling pressure [4].

Technical analysts remain divided on XRP’s near-term outlook. While some highlight the token’s ability to hold key support levels as a bullish sign, others caution that large on-chain movements and open interest trends could trigger further volatility [2]. A crypto analyst known as “Scient” noted that XRP faces a critical resistance zone near $4.00, with a successful breakout potentially targeting $4.20 and $5.00 [3]. Conversely, the token’s current 14% discount to its all-time high raises questions about whether the recent correction has already priced in long-term optimism [4].

The altcoin season narrative is further supported by broader market dynamics. As Bitcoin’s dominance stabilizes below 62%, altcoins such as XRP, Solana, and Dogecoin have outperformed BTC in weekly and bi-weekly timeframes [4]. XRP’s price action aligns with this trend, trading at $3.1755 as of July 25, though it remains vulnerable to short-term corrections if institutional selling pressure intensifies [4].

Retail investor sentiment appears to be a key driver of XRP’s resilience. Whale activity, coupled with growing exchange inflows, suggests sustained confidence in the token’s utility and potential for further gains [1]. However, analysts emphasize that XRP’s path forward will depend on its ability to balance technical strength with macroeconomic factors, including Bitcoin’s performance and broader risk appetite in crypto markets [4].

Sources:

[1] [XRP Erases Gains Following New Record—Does It Still Have Room to Run?](https://decrypt.co/331930/xrp-erases-gains-following-new-record-does-it-still-have-room-to-run)

[2] [XRP Price Falls 10% Amid $140M Transfers Linked to Ripple Co-Founder](https://coincentral.com/xrp-price-falls-10-amid-140m-transfers-linked-to-ripple-co-founder)

[3] [XRP Price Showing Quiet Strength As Next Breakout Level Approaches](https://www.mitrade.com/insights/news/live-news/article-3-985511-20250725)

[4] [Three Champions of the 2025 Altcoin Season](https://crypto.news/three-champions-of-the-2025-altcoin-season-ripple-solana-and-dogecoin/)