XRP News Today: XRP Nears Record Monthly Close on Strong July Gains of 36.79%

XRP is on the verge of recording its highest monthly close in history, provided it maintains a price of $3.0599 or higher as the trading session for July 2025 concludes. Crypto commentator Xoom highlighted this potential milestone on X, noting that the token was trading at exactly $3.0599 with less than three hours left in the session, a level that would surpass its previous record of $3.0354, set in January 2025 [1]. This development is seen as a defining moment for XRP, which has demonstrated robust momentum throughout the year.

2025 has been a landmark year for XRP, beginning with a multi-year high of $3.39 and spending 16 consecutive days above the $3 mark. The token closed the first quarter at around $2.4, setting a new quarterly record. In July, XRP surged to a fresh all-time high of $3.65, followed by its second-highest weekly close. These developments have solidified XRP’s position as one of the top-performing assets in the crypto market [1].

The recent price action has also broken through a multi-year resistance level that had constrained the token since early 2018. This breakout is being compared to the 2017 rally, indicating that the current rally may have deeper structural significance. XRP has gained over 36.79% in July alone, signaling a sharp acceleration in bullish momentum [1]. Analysts and market participants are now closely watching whether this strength can be sustained into August, with key psychological levels above $3.50 and the all-time high of $3.65 serving as potential price targets.

XRP has also seen increased whale activity, with over 70 million tokens moving out of dormant wallets in July. Such movements are typically interpreted as a sign that large holders are accumulating or positioning for further price action [2]. This is complemented by the token’s financial performance, as Coinbase’s Q2 2025 earnings report revealed that XRP generated more revenue for the exchange than Ethereum during the quarter [3].

Meanwhile, Ripple is set to unlock 1 billion XRP tokens as part of its standard monthly release process. This is a recurring event and has become a regular part of the XRP ecosystem [4]. Market impact from these releases is generally minimal, especially in the context of XRP’s strong fundamentals and recent performance.

XRP’s potential to close July at a record high is also supported by broader market sentiment and on-chain data. Some traders have speculated that a single trade involving 200,000 Bitcoin tokens converted to XRP could further drive the price upward, though this remains a hypothetical scenario [5]. The overall trend is one of sustained momentum, with analysts suggesting that XRP’s current trajectory could lead to further gains if the upward trend continues.

As the month draws to a close, the crypto community is closely observing XRP’s price movements. A close above $3.0599 would not only be a historic achievement but also serve as confirmation of the token’s breakout on a high timeframe. While it remains to be seen if this momentum will lead to a broader bull run, the developments in July 2025 underscore that XRP is currently at a pivotal moment in its development.

Source:

[1] TimesTabloid - https://timestabloid.com/xrp-could-print-highest-monthly-close-ever-if-this-happens/

[2] The Economic Times - 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

[3] The Cryptobasic - https://thecryptobasic.com/2025/08/01/xrp-brings-in-more-revenue-than-ethereum-for-coinbase-q2-2025-earnings-report-shows/

[4] Cryptopolitan - https://m.facebook.com/cryptopolitan/photos/ripple-will-unlock-1-billion-xrp-tokens-tomorrow-as-part-of-its-standard-monthly/138****820383897/

[5] The Cryptobasic - https://thecryptobasic.com/2025/07/31/heres-what-could-happen-to-xrp-price-if-200000-bitcoin-are-converted-to-xrp-in-single-trade/