XRP News Today: XRP Nears Historic Monthly Close on Strong Whale Activity and Exchange Gains

XRP is on the verge of achieving its highest monthly close in history, provided it maintains or surpasses a price of $3.0599 as the final hours of trading in July 2025 conclude. Crypto commentator Mr_Xoom highlighted this potential milestone, noting that the token’s current position reflects a sharp acceleration in momentum [1]. At the time of the observation, XRP traded at this level with only a few hours remaining in the session, and the community was optimistic about the possibility of setting a new record.

The potential record is part of a broader surge in XRP’s performance in 2025. After hitting a multi-year peak of $3.39 in January, the asset maintained a strong presence above $3 for 16 consecutive days before closing the month at $3.0354 [1]. Despite a subsequent dip in the following months, XRP rebounded to close the second quarter at $2.4, marking its highest quarterly close ever. More recently, the token surged to a new all-time high of $3.65 in July, outperforming many altcoins and surpassing market expectations [1].

This rally has also been characterized by strong whale activity, with over 70 million XRP tokens moved from dormant wallets this month [4]. Such movement typically signals increased investor confidence and potential accumulation. Analysts suggest that this behavior is indicative of a broader breakout pattern, particularly with XRP now trading above a multi-year range that had previously constrained its price action since 2018 [1].

Another factor contributing to XRP’s recent strength is the potential impact of large-scale token conversions. For example, a single trade converting 200,000 Bitcoin tokens into XRP could trigger a significant price surge overnight, further increasing the token’s visibility and market demand [2]. Additionally, Ripple’s routine monthly token unlocking—such as the recent release of 1 billion XRP—has not led to downward pressure on the asset’s price, suggesting that the supply management strategy is well-balanced [1].

In terms of exchange performance, XRP has outperformed expectations. Coinbase’s Q2 2025 earnings report revealed that XRP generated more revenue than Ethereum during the quarter [4]. This indicates growing utility and user adoption, particularly for high-volume, low-cost transactions, which aligns with XRP’s core use case in cross-border payments.

While XRP has shown impressive momentum, it is not poised to replace Bitcoin in the broader market hierarchy. Bitcoin remains the dominant leader in terms of transaction volume and market capitalization [5]. However, XRP’s specialized advantages in speed and cost-efficiency position it as a viable alternative, especially for institutional and retail investors seeking faster settlement times.

Looking ahead, the focus remains on whether XRP can maintain its current trajectory into August. A successful close above $3.0599 would validate the breakout from a long-term perspective and potentially set the stage for further gains. However, investors should remain cautious, as large-scale token movements or regulatory shifts could introduce volatility. The convergence of strong whale activity, favorable exchange performance, and well-managed supply dynamics suggests that XRP is in a favorable position—but market participants must continue to monitor evolving conditions.

Source:

[1] title: XRP Could Print Highest Monthly Close Ever If This Happens (https://coinmarketcap.com/community/articles/688c6f447af0b5296f03f860/)

[2] title: Here's What Could Happen to XRP Price If 200,000 Bitcoin ... (https://thecryptobasic.com/2025/07/31/heres-what-could-happen-to-xrp-price-if-200000-bitcoin-are-converted-to-xrp-in-single-trade/)

[3] title: XRP whale activity shows bullish momentum — is a $10 ... (https://m.economictimes.com/news/international/us/xrp-price-prediction-xrp-whale-activity-shows-bullish-momentum-is-a-10-breakout-coming-soon/articleshow/122997983.cms)

[4] title: XRP Brings in More Revenue Than Ethereum for Coinbase ... (https://thecryptobasic.com/2025/08/01/xrp-brings-in-more-revenue-than-ethereum-for-coinbase-q2-2025-earnings-report-shows/)

[5] title: Is XRP the next Bitcoin? (https://bitcointalk.org/index.php?topic=5552228.0)