XRP News Today: Whales Pile Into XRP and ADA as Altcoin Optimism Rises

XRP and Cardano (ADA) continue to draw attention as key altcoins navigating a mixed regulatory and market environment. Whale activity for both tokens has surged, indicating growing interest among high-net-worth investors despite broader volatility. On-chain data reveals that XRP and ADA wallets holding large token balances have increased their holdings, with XRP wallets containing 1 million to 10 million tokens adding 300 million to their holdings, reaching a total of 6.72 billion XRP by August 18. Similarly, ADA wallets accumulated 30 million tokens, bringing their total to 5.55 billion in the same period. These large-scale accumulations suggest a long-term bullish stance from institutional investors [1].

XRP’s price recently experienced a sharp correction, with the token fluctuating within a 5% range before freezing at the $3.00 level. This event, which occurred during the August 18–19 trading session, was marked by an unusual zero-volume print at 08:19, raising concerns among traders about potential liquidity or technical issues. The session saw a spike in trading volume, peaking at 3.26 million XRP in a single minute, consistent with institutional or algorithmic order flows. Despite the volatility, XRP has maintained its year-to-date return of approximately 15%, which is attributed to the resolution of the SEC vs. Ripple lawsuit and favorable regulatory developments. Analysts have noted that the recent price dip has not deterred whale activity, and XRP’s price may be forming a bullish divergence as selling pressure wanes [2].

Cardano, while down 6.2% in the past 24 hours, is showing signs of recovery after a significant filing by Grayscale for a Cardano Trust ETF on August 12. This move has led to a four-month high in Cardano’s relative performance against Bitcoin, suggesting a shift toward altcoins as investors look for opportunities beyond Bitcoin and Ethereum. The token’s year-to-date return remains negative at -24%, but recent on-chain data indicates a potential bottoming process. Whale accumulation of ADA has also accelerated, with large holders increasing their stakes in the token. Analysts argue that the improved regulatory clarity and increased institutional interest could catalyze a broader altcoin season, where investors rotate into smaller-cap cryptocurrencies like XRP and ADA [1].

Looking ahead, XRP faces a critical test at the $3.00 level, which has proven to be a significant support area. A failure to hold above this level could push the price toward $2.95, while a successful breakout above $3.10 could open the path to $3.25–$3.30. Institutional buying patterns and whale positioning will play a key role in determining the token’s near-term trajectory. Cardano’s next target, however, is more ambitious. Some analysts are eyeing a potential rally to $10, based on technical indicators and growing buying interest around key support levels. The success of this move, however, depends on ADA’s ability to hold the $0.90 level, which is seen as critical for maintaining the current bullish momentum [4].

The broader altcoin market is also showing signs of increased stability, with both XRP and ADA benefiting from reduced regulatory uncertainty. The resolution of the SEC vs. Ripple lawsuit has provided XRP with a more favorable environment for growth, particularly as spot ETFs for the token are expected to be approved by mid-October. While some analysts are optimistic about XRP’s potential to reach $8 or even $13 in the coming years, others remain cautious, noting that the token has yet to surpass its historical high of $3.84. Regardless of the outcome, the current market dynamics suggest that XRP and ADA are positioned for continued investor interest as the crypto sector continues its search for high-conviction opportunities [3].

Source:

[1] Cardano and XRP Whale Activity Hits Multi-Month High (https://finance.yahoo.com/news/cardano-xrp-whale-activity-hits-160753452.html)

[2] XRP Spikes, Then Stalls, as Traders Face Decisive $3 Mark (https://www.coindesk.com/markets/2025/08/19/xrp-spikes-then-stalls-as-traders-face-decisive-usd3-mark)

[3] 3 Reasons to Buy XRP Before 2026 (https://www.fool.com/investing/2025/08/19/x-reasons-to-buy-xrp-before-2026/)

[4] ADA Price Prediction Eyes Explosive Rally to $10 as ... (https://thetradable.com/crypto/ada-price-prediction-eyes-explosive-rally-to-10-as-cardano-breaks-key-resistance-ig--m)