XRP News Today: XRP Whale Accumulation Hits 14% Supply High Amid 30% Monthly Gains

The recent accumulation of XRP by large holders has sparked renewed optimism in the cryptocurrency market, with analysts suggesting that whale activity often precedes a bullish trend. According to Santiment data, wallets holding between 10 million and 100 million XRP now control 8.31 billion XRP, accounting for 14% of the total supply, a new monthly high [1]. This accumulation pattern, coupled with XRP’s outperformance of Bitcoin—gaining over 30% in the last 30 days—has reinforced its position as a key asset in this market cycle [1].

Parallel to XRP’s strength, attention is shifting toward emerging altcoins, particularly MAGACOIN FINANCE, which is being compared to Solana in terms of growth potential. Early investors are positioning for substantial returns, with analysts forecasting that a $1,000 investment could grow to as much as $55,000 once MAGACOIN FINANCE secures listings on top-tier exchanges [1]. This projection has generated significant interest, with the final stages of its presale seeing a surge in participation from both retail and institutional investors.

The XRP ecosystem itself is showing robust growth, with the XRP Ledger reaching a peak of 11,000 new addresses in a single day on July 18, and daily averages now consistently above 7,500 [1]. These indicators suggest increasing adoption and usage, which are critical for sustaining a price rally.

MAGACOIN FINANCE is drawing comparisons with other high-performing blockchains due to its potential for rapid growth. With its presale approaching closure, the opportunity for early positioning is shrinking. Analysts highlight that whale buying activity and network expansion are aligning with favorable market conditions, making this an opportune time for investors to evaluate altcoin opportunities [1].

Source: [1] MAGACOIN FINANCE Touted as “Next Solana” — Early Investors Eye 40× Gains Before XRP ETF (https://coinmarketcap.com/community/articles/689bd319f5c8bb5c385fcc3a/)