<p>Ripple ($XRP) has made history by achieving a market value of $2.49, marking its highest price since January 8, 2018. This remarkable surge comes after nearly seven years, fueled by intense activity in the cryptocurrency market and major <a href="https://blockchainreporter.net/price-prediction/xrp-price-prediction/" rel="noopener noreferrer nofollow">$XRP</a> accumulation. Whales and retail investors have collectively contributed to XRP’s meteoric rise. They all showcase significant interest and confidence in the token.</p><p>Within just three weeks, wallets holding between 1 million and 10 million $XRP have accumulated a staggering 679.1 million tokens. Currently, they have a value of $1.66 billion. This extraordinary accumulation trend reflects a renewed optimism in the long-term potential of Ripple ($XRP). Sentiment, an intelligence-based intelligence analytical platform, shared the details through its official media platform, X.</p><h2 id="header-0">$XRP Whales Fuel a Record-Breaking Rally</h2><p>The dramatic accumulation by large holders has been a key driver behind $XRP’s recent price rally. These wallets are often referred to as “whales.” The wallets have accumulated an enormous quantity of Ripple ($XRP) in an exceptionally short timeframe. It hints at a strategic move to capitalize on its potential growth.</p><p>The growing influence of whales in XRP’s ecosystem strengthens its price movement. It also signals broader adoption within institutional and high-net-worth investor circles. This accumulation coincides with a historic milestone for $XRP. It surpasses 5.5 million non-empty wallets for the first time in its eight-year journey. By doing this, XRP underscores increasing interest from retail participants alongside the whales.</p><h2 id="header-1">A Promising Outlook for Ripple ($XRP) Holders</h2><p>XRP’s price breakout and the significant growth in wallet activity highlight its evolving narrative in the cryptocurrency space. The surge to $2.49 reflects both strategic accumulation and broader market momentum. This surge reinforces its position as a major contender in the crypto market.</p><p>The milestone also raises questions about the sustainability of its growth. It also highlights the concern that the continued adoption will further solidify $XRP’s role in cross-border payments and decentralized finance. The combination of whale-driven activity and record wallet numbers position <a href="https://ripple.com/" rel="noopener noreferrer nofollow">Ripple </a>($XRP) for further exploration of new price highs in the coming months.</p>

$XRP Reaches $2.49 with 3-Week Whale Accumulation

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