XRP News Today: XRP Surges 10% to $3.23 as Top Trader Predicts Retirement Pump

In a significant development for the XRP community, top trader Cobb made a striking announcement on X, stating, “What the f* It’s time to prepare for the retirement pump.” This declaration came as XRP was trading at $3.1352, having surpassed the psychological $3 barrier. As of the latest reports, XRP has continued its upward trajectory, reaching $3.23.

Cobb, known for his precise market insights, did not make this statement lightly. The phrase “retirement pump” suggests a potential breakout that could significantly reward long-term holders. This surge follows an earlier instance this year when XRP briefly reached the $3 level before retreating. The current rally, however, appears more robust, supported by improved technical strength and stronger macro fundamentals.

Several factors are driving XRP’s bullish momentum. Technically, the token has overcome key resistance levels and is maintaining above the $3 mark with increasing volume and trader conviction. Whale activity and accumulation have intensified, while the total number of wallet addresses recently surpassed 7.19 million, indicating growing participation from both retail and institutional investors.

On the fundamentals side, Ripple’s ongoing expansion is bolstering investor confidence. The successful launch of its stablecoin, RLUSD, and the operational go-live of Ripple Payments Europe SA in Luxembourg have expanded its global presence. Additionally, the recent launch of the UXRP ETF has added legitimacy and exposure, opening XRP to traditional markets and institutional capital.

While the broader crypto market shows signs of recovery, XRP is outperforming many major assets. Bitcoin is holding above $118,500, and Ethereum is trading at $3,427.50. XRP, with its nearly 10% gain in the last 24 hours, stands out for its price movement and the strength of its breakout.

Market analysts believe that if XRP maintains support above the $3.10–$3.20 range, the next leg up toward $3.50–$3.60 is achievable. Some are even projecting a run toward the $4 mark, given continued institutional demand and trading volume.

Cobb’s call may have captured the raw emotion of the moment, but the data supports it. XRP is not just experiencing a temporary pump; it is showing signs of a sustained breakout, backed by legal clarity, growing adoption, and expanding infrastructure. For long-time holders and new entrants, this could be a pivotal moment.

Whether this is indeed the “retirement pump” remains to be seen, but one thing is clear: XRP is moving with force, and the market is taking notice.