XRP News Today: XRP Whale Transactions Surge 100% Yearly Amid Legal Battle

The ongoing legal battle between Ripple and the SEC has led to a significant shift in investor sentiment, with on-chain signals and technical indicators suggesting a potential inflection point for XRP. The cryptocurrency community is increasingly curious about the potential price targets for XRP once legal clarity is achieved.

In June 2025, XRP recorded its highest number of whale transactions over $1 million this year, indicating that institutional players and high-net-worth individuals are positioning for a major price move. Historically, such activity has preceded strong rallies or reversals in market trends, suggesting that these large holders have strong conviction in the long-term upside of XRP.

Additionally, XRP’s transaction volume in USD recently crossed $8.5 billion, its highest level since February. This surge reflects growing utility and interest in the XRP Ledger, potentially tied to cross-border payment use cases and investor repositioning around the SEC lawsuit timeline. High transaction volumes typically accompany rising demand and market activity, and when aligned with whale accumulation, they often validate bullish trends forming behind the scenes.

On the weekly chart, XRP price is consolidating just above $2.17, sitting within a tightening Bollinger Band pattern known as a Bollinger squeeze. This pattern often precedes significant price moves. The Relative Strength Index (RSI) sits at 51, indicating neutral momentum but with room for an upward move. If the bullish momentum continues, XRP price could test a potential high of $3.20, with an average price around $2.50 in the short-to-mid term. On the downside, strong support exists at $1.85, acting as the potential floor barring any unexpected negative news. A breakout above $2.75 could unlock upside targets closer to $4, particularly if backed by legal clarity and ETF tailwinds.

Legal clarity is expected to unlock institutional demand and create a bullish momentum for XRP. According to the analyst's forecast, if bullish momentum aligns, XRP price could reach between $3.20 and $4 by the end of 2025. Accumulation during consolidation phases like the current one often offers favorable risk-reward, especially with strong on-chain support.