XRP News Today: XRP Surpasses $3 as Whale Activity and Network Growth Accelerate

Generated by AI AgentCoin World
Sunday, Aug 3, 2025 12:18 pm ET1min read
Aime RobotAime Summary

- XRP rebounds above $3, driven by whale accumulation and rising network activity, with 14% of supply controlled by large holders.

- JUP faces volatility risks as 1.78% of tokens unlock on July 28, 2025, with 53.47M tokens allocated to teams and early backers.

- Spartans offers 300% welcome bonuses, 5,963 crypto games, and instant payouts, contrasting speculative assets with real-time rewards.

XRP shows signs of strength as it rebounds above $3, driven by growing whale activity and a steady increase in network activity on the XRP Ledger. According to Santiment, wallets holding 10 to 100 million XRP now control 8.31 billion coins, or 14% of the total supply, suggesting large holders are accumulating rather than selling [1]. The XRP Ledger has also added roughly 7,500 new wallets daily, and XRP has outperformed Bitcoin by 30% in the last month [1]. Analysts are watching key support at $2.95 and resistance at $3.30, with potential breakout targets of $3.66, $3.82, or even $4.47 [1].

At the same time, the market is closely watching Jupiter’s (JUP) token unlock event, which is set to release 53.47 million tokens—1.78% of its circulating supply—on July 28, 2025 [2]. This unlock is part of a larger wave of token releases, including 31.34 million Optimism (OP) tokens and 229.17 million Kamino (KMNO) tokens, totaling over $72 million in value [2]. The majority of JUP’s unlock is directed toward the team and early backers, raising concerns about short-term liquidity and potential downward pressure on the token’s price [2].

While XRP and JUP remain under speculative scrutiny, the crypto gaming platform Spartans is taking a different approach by offering immediate value to users. The platform is currently providing a 300% welcome bonus, access to 5,963 crypto games, and instant crypto payouts with no waiting periods or verification steps [1]. New users can claim up to $200 in bonuses with clearly defined terms, and daily 25% deposit bonuses keep the rewards flowing [1]. Spartans also hosts a daily Lamborghini giveaway, offering additional incentives for user engagement [1]. The platform supports BTC, ETH, USDT, AVAX, and others, and all transactions are processed in real-time with no KYC requirements [1].

Unlike speculative crypto assets, Spartans delivers tangible, real-time rewards through its extensive gaming library and bonus system. As XRP inches toward $4 and JUP braces for a potentially volatile unlock, Spartans continues to provide a reliable, no-wait alternative for crypto users looking to leverage their digital assets immediately [1].

Source:

[1] title: Spartans: 300% Bonuses, 5,963 Games as XRP Targets $4 & JUP Unlocks $32M

(url: https://coinmarketcap.com/community/articles/688f88a3b3afd664ab382e88/)

[2] title: Spartans: 300% Bonuses, 5,963 Games as XRP Targets $4 & JUP Unlocks $32M

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