XRP Surges 100% in Month, Whales Accumulate $3.8M

XRP's latest price was $, in the last 24 hours. The XRP network is showing renewed strength and growth as transaction volumes have skyrocketed to over $1.07 billion. This spike follows a massive rally in the digital asset’s price, which climbed above $3.5 earlier this month after a long period of consolidation. This impressive surge marks one of the most aggressive upward moves in recent months.

The resurgence in both network activity and price signals is growing market momentum and possibly a shift in sentiment among investors and traders. Notably, XRPScan, a platform that records data from the XRP Ledger, revealed that the large-scale transfer volume was recorded on July 18, representing the cryptocurrency’s largest single-day figure in over a month.

What’s particularly notable about this recent volume surge is that it does not appear driven by speculative churn alone. The elevated flow of funds between accounts and the increase in user addresses suggest a deeper level of network usage. Data from XRPScan shows that XRP payment volume from one account to another rose to 1.72 billion on July 18. Additionally, the number of successful transactions executed around the same time totalled over 2.08 million. New active accounts have also climbed significantly, with July 18 recording the highest daily count over the last month at 10,279.

With blockchain metrics flashing green and XRP’s price reclaiming bullish momentum, the surge in daily transfer volume signals a fresh wave of bullish confidence among holders. Typically, such synchronised growth may point to deliberate accumulation or distribution by whales, who often move large sums during pivotal market shifts.

New reports from analysts indicate that XRP whale activity is back in full swing, with specific holders going long just days after the cryptocurrency network surged past $1 billion in transfer volume. Multiple long positions totalling over $3.8 million have been opened at a price point near $3.44, raising speculation that deep-pocketed investors may be acting on insider-level confidence. KingXRP, an analyst on X social media, revealed that a whale recently entered a $1.52 million long on XRP, just as buzz grows around the impending RealFi integration that could enable the XRP Ledger to unlock a massive $650 trillion market.

Adding fuel to the hype, Radar, another market expert, reported that two additional whale-sized positions, worth $1.02 million and $1.31 million, were opened within the same price range. This move signals a clear shift in whale sentiment, suggesting increased confidence in XRP’s breakout potential.

Ripple’s XRP is gaining strong bullish traction, with its latest breakout confirming a classic double bottom pattern that signals further upside. Crypto analyst Steph Is Crypto highlighted this development in a recent chart, projecting a short-term price target of $4.40. Based on the technical formation and rising market confidence, the XRP rally appears far from over.

The double bottom, a widely respected bullish reversal pattern, formed between mid-March and late June, with troughs around $1.85 and a neckline near $2.90. The pattern was officially confirmed in early July when XRP broke above the neckline on significant volume, a textbook breakout move. As Steph Is Crypto explains, the measured move from this pattern projects a target of approximately $4.40. Since clearing the neckline, XRP has held above the former resistance zone, now acting as support, consolidating in preparation for the next leg up. This consolidation phase further strengthens the structure, indicating that bulls are in control.

While $4.40 is the immediate target, analysts are also watching macro trends that point to even higher price objectives. Historical cycle analysis, particularly from 2017 and 2021, suggests that XRP could ultimately reach levels between $7.70 and $33 during the current bull cycle. Averaging these projections yields a potential mid-cycle target around $20. Market observers have echoed similar expectations, citing XRP’s dominance growth and on-chain volume as evidence of strong network activity and investor confidence.

Despite the optimism, traders are advised to monitor whale activity. On-chain data recently showed over 43,000 large transactions to exchanges, often a signal of possible distribution. Moreover, macroeconomic uncertainties or regulatory shifts could introduce short-term volatility. XRP is currently in a technically and fundamentally strong position. The breakout above $2.90 confirms a double bottom structure, with analyst Steph Is Crypto setting a short-term target of $4.40. Backed by increasing institutional flows, bullish indicators, and historical cycle patterns, XRP is poised for further gains, provided key support zones remain intact. A break beyond $4.40 could mark the beginning of XRP’s next major rally, with higher cycle targets firmly in sight.

In a fiery and impassioned video shared on X, renowned cryptocurrency proponent Crypto Bitlord declared that the rally currently unfolding is “the biggest pump of human civilization.” His message, laced with humor, intensity, and unwavering conviction, captures the euphoric sentiment gripping the XRP community as the digital asset climbs to multi-year highs. “This is it. It’s just starting now. Brace yourself,” Bitlord said, urging his followers to abandon conventional logic and embrace the primal mindset of “apes” to survive the emotional rollercoaster of the current market. He warned that anyone unprepared mentally will panic and sell as XRP’s price rises to unimaginable heights. “If something’s not right in your head, you’re gonna sell,” he said. “Take yourself back to the land of apes… You need to be one of those things to survive this market.”

This is the biggest pump of human civilization. It’s the end-game. And you’re holding greatness. It’s just starting so brace yourself. Crypto Bitlord’s monologue wasn’t merely about price. It was a metaphor-laced rallying cry. “I’m not selling a f***ing cent, mate,” he exclaimed. “When it’s time, I’m only buying tickets to Pluto. Don’t worry about islands—I’m after the solar system.” His message reflects the belief held by many XRP proponents: that this current surge is not just a market cycle, but a historic turning point. Bitlord warns that bearish thinking will have no place in this new era. “If I see you talking about being bearish, I’m blocking you, deleting you, removing you from my life,” he said, emphasizing the need for mental resilience and total commitment.

While Bitlord’s passionate declaration embodies the excitement of the moment, analysts continue to advise caution. XRP’s parabolic moves, while impressive, also raise the risk of sharp pullbacks. Sudden profit-taking, especially among short-term traders, could trigger significant volatility. Historically, crypto markets have seen emotional highs followed by steep corrections, especially when sentiment becomes overheated. Still, many believe XRP is in the early stages of a much larger breakout. On-chain data shows growing accumulation among whales, and technical indicators suggest the asset is holding firmly above key support levels. If momentum continues, analysts are eyeing short-term targets above $4, with longer-term projections reaching as high as $10 under optimal conditions.

Crypto Bitlord’s viral commentary has struck a chord with the XRP community. Whether his vision of interplanetary wealth is taken literally or symbolically, it underscores the optimism surrounding XRP’s current rally. With the token now trading at $3.62 and its market cap above $212 billion, XRP is firmly in breakout territory. For now, as Bitlord puts it, “It’s just getting going. It’s just kicking off.” Whether you’re on the rocket or still watching from the launchpad, the XRP market is one to watch closely, and perhaps a bit like an ape.