Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
The number of wallets holding at least 1 million XRP chips has been matched with a historically maximum maximum in the last week, which coincided with an increase in the price by 26%.
Key with you:
- The number of wallets that holds at least 1 million XRP chips reached a maximum of 2,743.
- These XRP whales collectively control over 47.32 billion tokens, which coincides with 26% of the price increase.
- Santiment suggests that contemporary momentum indicates the beginning of the altcoins season.
Onchain analytics platform Santiment reported on Friday That the total number of such wallets of the whale grew to 2,743, which meant a significant trend of accumulation.
Santiment emphasized that not only more whales, but also the overall offer of XRP, which they control, also grow, the bull sign for the fourth largest cryptocurrency according to the market ceiling.
XRP whales control over 47 billion tokens
The data show that the wallets holding 1 million or more XRPs are controlled together by 47.32 billion chips.
The XRP price reached $ 2.80 at the time of writing, according to CoinMarketcap, after a sharp 10% jump in the last 24 hours.
The sudden increase erased approximately $ 31.44 million in short positions of XRP, as stated by Coinglass data.
Just a month ago, with XRP consolidation between $ 1.90 and $ 2.90 for nearly 200 days, while traders uncertain about their next move.
The recent rally is in line with the wider market because bitcoins hit the highest maximum, $ 112,000 on Wednesday, $ 116,500 on Thursday and $ 118,780 on Friday.
Ethereum also increased sharply and won more than 17% within a week and traded nearly $ 2,960.
Santiment suggests that this powerful power across several cryptocurrencies signals the beginning of the altcoin season.
“The data confirms that it has it so far,” the platform said.
He added that if Bitcoin remains at $ 110,000 at the level of psychological support, investors are likely to continue to switch to altcoins like XRPs, supporting other market dynamics.
XRP today drew to a maximum of $ 2.97 and disintegrated into a 4 -month maximum. This coincides with a significant increase in network growth (created new wallet) and an increase in retail interest across social media.
Follow these metrics at any time in this chart: https://t.co/pk1bshpo8g pic.twitter.com/ad8susufu6
– Santiment (@santimentfeed) July 11, 2025
Last month, the CEO of Ripple Brad Garlinghouse revealed that society would become its cross -mount against the SEC and added that it is also expected that the regulator will cancel its own appeal.
The announcement followed the decision of the US District Court, which rejected a common application from Ripple and SEC to reduce $ 125 million and overturned the decision that classified institutional XRP Ripple as a securities transaction.
Judge Ana Ana Ana Ana Ana Ana Ana Ana Ana Analisa Torres noticed that Ripple’s readiness to move the boundaries of the former summary judgment, indicating the risk of future violation.
XRP Ledger introduces a new upgrade with increasing interest
As mentioned, ripplex, ripple arms, has Introduced version 2.5.0 books XRPIntroducing several upgrades of protocol aimed at strengthening the functions and security of the network.
Ripplex Engineer Mayukha Vadari called the upgrade “perhaps the best individual set of changes” ever released and introduced significant improvements to the control of tokens and transactions processing.
The XLS-85 addition is upgraded by the system by allowing the tokens of the issued third parties, including the Stablecoins, and represents multipurpose tokens for institutional applications.
The new update came after the XRP book has seen an increase in user activityWith the number of daily active addresses climbing from an average of 35,000 to more than 295,000.
Contribution Whale XRPs recorded a record high as a price overvoltage of 26% in one week He appeared for the first time Cryptonews.
