XRP News Today: XRP Surpasses $3 Amid Whale Accumulation and $4.47 Price Target

Generated by AI AgentCoin World
Monday, Aug 4, 2025 8:27 pm ET2min read
Aime RobotAime Summary

- XRP surpasses $3 with whale accumulation and a $4.47 price target, outperforming Bitcoin by 30% amid strategic large-holder accumulation.

- Jupiter (JUP) faces unlock risks as 53.47M tokens (1.78% supply) release on July 28, potentially increasing liquidity and downward pressure.

- Spartans.com offers crypto utility via casino/sportsbook features, instant payouts, and KYC-free transactions, emphasizing real-world engagement over speculation.

- Market dynamics highlight XRP's technical strength, JUP's unlock challenges, and Spartans' practical crypto adoption model as key trends.

XRP is showing renewed strength as it holds above $3, drawing attention from analysts who see potential for a breakout to $4 or higher. The token has gained 30% more than Bitcoin over the past month, with increasing whale activity signaling growing confidence in its trajectory [1]. Santiment data reveals that wallets containing between 10 million and 100 million XRP hold 8.31 billion tokens, representing 14% of the total supply [1]. This suggests a strategic accumulation by large holders. Analysts are monitoring technical indicators like Fibonacci levels and Elliott Wave patterns, with key support at $2.95 and resistance at $3.30. A successful breakout could see XRP reaching as high as $4.47, driven by a rare market setup highlighted by Peter Brandt [1].

Meanwhile,

(JUP) faces pressure as part of a larger wave of token unlocks scheduled for late July 2025. By the end of the month, Jupiter, Optimism (OP), and Kamino (KMNO) will collectively release 314 million tokens, valued at over $72 million, which could impact short-term price dynamics [1]. Specifically, Jupiter will unlock 53.47 million JUP on July 28, representing 1.78% of its total supply. Most of these tokens are allocated to the team and stakeholders, which could increase market liquidity and downward pressure [1]. Optimism and Kamino also face similar releases, with Kamino’s unlocking the largest amount at 229.17 million KMNO, or 9.5% of supply [1]. These unlocks highlight the sensitivity of token markets to increased supply and the importance of monitoring such events for risk management.

Amid these developments, Spartans.com is emerging as a platform offering real-world utility in the crypto space. The platform combines casino and sportsbook features with crypto wallet integration, fast payouts, and transparent bonuses [1]. It currently offers 5,963 games from over 43 studios, including slots, live dealers, and crash games, all accessible on mobile and desktop without the need for an app [1]. New users can claim up to 300% in welcome bonuses, with a $200 limit and clear terms, while regular users benefit from a 25% daily deposit bonus [1]. The platform also features a live Lamborghini giveaway, where each deposit counts as an entry [1]. Transactions are instant and KYC-free, supporting major cryptocurrencies like BTC, ETH, and USDT [1]. Spartans emphasizes immediate usability over speculative potential, allowing users to engage with crypto in a tangible and rewarding way.

XRP’s momentum, JUP’s unlock risks, and Spartans’ real-time utility all reflect the evolving landscape of crypto adoption. While XRP and JUP remain subjects of market speculation, Spartans presents a distinct model by focusing on immediate, practical engagement. As the market continues to assess the implications of token unlocks and technical indicators, Spartans offers a clear alternative for users looking to leverage crypto’s potential without waiting for future developments [1].

Source: [1] https://coinmarketcap.com/community/articles/68914cfd9d7def5673c1c20e/

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