XRP News Today: XRP Surges 28% on Social Buzz and Whale Moves

XRP has experienced a notable price surge in recent weeks, breaking out of months of stagnation as it climbed from around $2.30 to a 4-month high of $2.97. As of the latest data, the token trades at approximately $3.01, showing a slight decline of 1.28% in the last 24 hours [2]. Analysts and market observers are closely watching the asset’s performance, with some forecasting a potential rally toward $6 or even $13 within a short timeframe [1].

The recent price action is supported by increased on-chain activity and social media traction. According to Santiment, nearly 7,000 new XRP wallets were created within 24 hours, while the token accounted for 5.5% of all crypto-related discussions on social platforms. This surge in visibility mirrors the broader market optimism, driven by growing inflows into Bitcoin and Ethereum ETFs and increased retail participation across altcoins [2].

Technical analysts such as Ali Martinez have highlighted the importance of a weekly close above $3.00 as a potential catalyst for a larger upward move. He argues that XRP’s current trajectory fits a long-term symmetrical triangle pattern, which, if confirmed, could signal a bullish breakout extending to $6 or beyond [2]. Meanwhile, Casi Trades noted that XRP has already broken through the $2.69 Fibonacci level and is currently retesting the breakout level, a sign that the uptrend may continue.

Whale activity has also contributed to XRP’s bullish momentum. One large investor opened a $14.03 million long position at $2.30, while another added $4.62 million using 3x leverage during the recent rally. The number of wallets holding at least 1 million XRP has also reached a record 2,743, reflecting strong confidence in the token’s long-term potential [2].

Despite the optimism, analysts caution against FOMO-driven trading and suggest entering the market around $2.70–$2.76 for those seeking to position for a potential upward continuation [2]. Edo Farina, a vocal XRP supporter, has emphasized the risks of early selling, warning that exiting the asset at lower price levels could result in a missed opportunity with long-term consequences [2].

While other crypto projects have drawn attention in parallel, such as Shiba Inu’s quantum-resistant identity system and XYZVerse’s presale, the XRP narrative has remained the most compelling in the short term [6]. However, it is important to distinguish between analyst forecasts and actual market behavior. For example, while Tony "The Bull" Severino has projected a 333% increase in XRP’s value over 40 days—potentially reaching $13—such forecasts are speculative and should not be interpreted as guarantees of future performance [1].

The growing wallet activity and social buzz surrounding XRP suggest a strong narrative is building around the asset, which could drive further adoption and investor interest. That said, XRP remains subject to high volatility and macroeconomic factors, including regulatory shifts and broader crypto market sentiment.

Sources:

[1] worldmarketlive.com (https://worldmarketlive.com/cryptocurrency/)

[2] ZyCrypto (https://zycrypto.com/analyst-forecasts-ripples-xrp-6-boom-as-wallet-growth-and-social-buzz-explode/)

[6] ZyCrypto (https://zycrypto.com/shiba-inu-goes-quantum-proof-new-identity-system-uses-advanced-encryption-to-protect-ecosystem/)