XRP Whale Activity Signals Possible Triple-Digit Rally

XRP whale activity has recently shifted into bullish territory, sparking interest across the crypto market. The change comes after several months of consistent outflows, and analysts are watching to see if this signals the beginning of a significant XRP surge similar to past trends.

In May, on-chain data started showing a marked increase in whale wallet activity tied to XRP. These large holders—identified through transactions involving over 10 million XRP—moved significant funds either into wallets or exchanges. Historically, such activity has often preceded large upward movements in XRP valuation. In fact, the last time this metric turned green, XRP underwent a rapid rally of over 420% in less than a month.

According to blockchain metrics, there has been a sustained growth in whale wallets holding between 100,000 and 1 billion XRP since the beginning of last month. This steady accumulation could suggest that major investors are betting on an impending bullish trend. Data shows that mid-tier whale addresses—those holding between 100,000 and 1 million XRP—grew from 16,129 to 16,736 in this period. Additionally, large whale wallets holding 10 million to 100 million XRP increased from 317 to 337, indicating a resurgence in institutional confidence.

One of the key metrics triggering analyst optimism is the “mean dollar invested age,” which calculates how long units of XRP have stayed in current wallets. A decrease in this metric, as seen in recent weeks, implies that coins are being moved more actively—often considered an early sign of growing market participation and trading interest. This metric had spiked in mid-April, indicating dormancy, but has steadily declined since April 13, suggesting reactivation across many wallets.

Social interest is also contributing to the momentum. Spike in XRP mention volumes on social media platforms generally correlates with significant price trends. At present, social dominance for XRP has increased notably, signaling a rise in general awareness—or what’s often referred to as ‘social buzz’—within the crypto community. Several upward moves in the token’s history were preceded by such spikes in social activity.

Looking back, in late July 2023, XRP achieved a mid-term rally that saw its value spike by over 100% in less than two weeks. That rally came on the heels of strong on-chain data, including increasing whale activity and robust social engagement. Analysts believe that if the current pattern holds, XRP could be poised for another similar phase of growth.

Despite the promising indicators, investors are advised to approach with caution. Market dynamics are influenced by multiple factors, and whale activity, though influential, does not guarantee bullish outcomes in isolation. However, with meaningful changes in volume, address activity, and decreasing dormancy indicators, XRP appears to be entering a potentially volatile but opportunistic phase.

Related: Expert Advice: Sell XRP If You’re Confused

While the market waits for concrete breakout signals, the renewed attention from whales and the increasing network activity stand as strong indicators of shifting sentiment around XRP’s short-term trajectory.