XRP ETF

<p>XRP price saw a 400% jump in network activity after the SEC ended its Ripple lawsuit. Analysts eye a $4.35 breakout amid rising whale accumulation and ETF anticipation.</p> 
<p>XRP continued to trade near $2.45, holding firm after facing rejection at $2.60 earlier in the week. </p> 
<p>Despite macroeconomic headwinds, on-chain data suggests investors remain confident, as whale accumulation and active addresses reached new highs this month.</p> 
<p>Ripple’s legal battle with the United States Securities and Exchange Commission (SEC) also <a href="https://www.thecoinrepublic.com/2025/03/18/xrp-sec-news-latest-court-ruling-shakes-crypto-market/">reached a turning point.</a> </p> 
<p>The agency dropped its appeal against the company, paving the way for renewed speculation over a possible exchange-traded fund (ETF) approval in 2025.</p> 
<h2 class="wp-block-heading" id="h-on-chain-activity-spikes-amid-etf-hopes"><strong>On-Chain Activity Spikes Amid ETF Hopes</strong></h2> 
<p>According to data from Santiment, XRP’s daily active addresses have surged more than 400% since early March. </p> 
<p>The increase, which brought total active addresses to over 627,000—the highest since April 2023—suggests a renewed wave of participation from retail and institutional wallets.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img loading="lazy" decoding="async" width="1024" height="576" src="https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-847-1024x576.png" alt="" class="wp-image-1090468" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-847-1024x576.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-847-300x169.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-847-768x432.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-847-150x84.png 150w, https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-847-696x392.png 696w, https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-847-1068x601.png 1068w, https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-847.png 1200w" sizes="auto, (max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   Source: Ali Martinez/X
  </figcaption>
 </figure>
</div> 
<p>Ali Martinez, a crypto analyst at Santiment, noted the spike in a post on X, highlighting that the XRP network “lights up” amid fresh price momentum. </p> 
<p>Dormant circulation also declined this week, hinting at reduced sell pressure as long-term holders paused distribution.</p> 
<p>Meanwhile, Ripple CEO Brad Garlinghouse told Bloomberg he expects an XRP ETF to go live in the second half of 2025. </p> 
<p>“I have immense confidence in the [XRP] ETF,” he said, reinforcing market sentiment that the token may soon gain institutional access similar to Ethereum and Bitcoin.</p> 
<h2 class="wp-block-heading" id="h-whales-accumulate-over-14-billion-in-xrp"><strong>Whales Accumulate Over $14 Billion in XRP</strong></h2> 
<p>Large wallets continued to accumulate <a href="https://www.thecoinrepublic.com/2024/12/12/xrp-price-rallies-5-after-rlusd-secures-nydfs-approval/">XRP</a> even as prices cooled from their mid-week high. </p> 
<p>Santiment data shows wallets holding between 1 million and 10 million XRP increased their holdings by 10% in the last two months.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img loading="lazy" decoding="async" width="1024" height="347" src="https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-848-1024x347.png" alt="" class="wp-image-1090473" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-848-1024x347.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-848-300x102.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-848-768x260.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-848-1536x520.png 1536w, https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-848-2048x693.png 2048w, https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-848-150x51.png 150w, https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-848-696x236.png 696w, https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-848-1068x362.png 1068w, https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-848-1920x650.png 1920w" sizes="auto, (max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   XRP supply distribution. Source: Santiment
  </figcaption>
 </figure>
</div> 
<p>The collective total now stands at 5.81 billion XRP, worth approximately $14 billion. However, wallets with 10 million to 100 million XRP showed mixed behavior—some accumulating, others distributing—suggesting uneven sentiment among large holders.</p> 
<p>The ongoing accumulation aligns with optimism over regulatory clarity. With the SEC dropping its lawsuit appeal and crypto exchange Bitnomial withdrawing its complaint against the agency, speculation over Ripple’s institutional positioning has intensified.</p> 
<p>Still, Ripple faces a key legal hurdle. As lawyer John Deaton told <em>Cointelegraph</em>, an injunction by Judge Analisa Torres continues to block the firm from distributing XRP to institutional clients. Deaton said, </p> 
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"> 
 <p>“If Ripple wants to issue XRP to banks in America, that injunction is the hang-up.” </p> 
</blockquote> 
<h2 class="wp-block-heading" id="h-xrp-price-technical-setup-eyes-4-35-breakout"><strong>XRP Price Technical Setup Eyes $4.35 Breakout</strong></h2> 
<p>According to an analysis by Amonyx, XRP’s price action mirrors a symmetrical triangle pattern. </p> 
<p>The formation, often seen as a bullish continuation pattern, points to a breakout target of $4.35—roughly 80% above current levels—if the upper trendline is breached.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img loading="lazy" decoding="async" width="1024" height="550" src="https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-850-1024x550.png" alt="" class="wp-image-1090483" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-850-1024x550.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-850-300x161.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-850-768x412.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-850-150x81.png 150w, https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-850-696x374.png 696w, https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-850-1068x574.png 1068w, https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-850.png 1391w" sizes="auto, (max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   XRP/USD 1-W chart. Source: TradingView
  </figcaption>
 </figure>
</div> 
<p>XRP bounced near the lower trendline of the triangle, showing early signs of continuation. </p> 
<p>However, funding rates in the derivatives market remain negative, according to data from Coinglass, suggesting traders remain cautious.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-full">
  <img loading="lazy" decoding="async" width="900" height="896" src="https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-852.png" alt="" class="wp-image-1090493" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-852.png 900w, https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-852-300x299.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-852-150x149.png 150w, https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-852-768x765.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2025/03/image-852-696x693.png 696w" sizes="auto, (max-width: 900px) 100vw, 900px">
  <figcaption class="wp-element-caption">
   Source: X
  </figcaption>
 </figure>
</div> 
<p>Analyst Ito Shimotsuma said in a post on X that XRP/BTC has also faced repeated rejection at resistance. </p> 
<p>While bullish fundamentals are building, he believes only a spot ETF approval will trigger a decisive breakout.</p> 
<p>XRP’s outlook remains mixed despite growing on-chain activity, renewed ETF speculation, and whale accumulation. </p> 
<p>While legal clarity offers tailwinds, technical and market data suggest caution persists among derivatives traders. </p> 
<p>As ETF filings from Bitwise and Franklin Templeton remain under review, market participants now await a regulatory green light to determine XRP’s next major move.</p> 
<p>The post <a href="https://www.thecoinrepublic.com/2025/03/24/will-these-developments-push-xrp-price-to-4-35-breakout/">Will These Developments Push XRP Price To $4.35 Breakout</a> appeared first on <a href="https://www.thecoinrepublic.com">The Coin Republic</a>.</p>

Will These Developments Push XRP Price To $4.35 Breakout

Índice

Thecoinrepublic.com

Outros artigos publicados em 24 de mar. de 2025

Polkadot Eyes Breakout—Will It Surpass $5 and Rally to $6?

Keiser Predicts Gold-Backed Stablecoins Surpassing USD-Pegged Coins

Aptos Crypto Gains May Trigger Massive Price Surge

Study Finds Bitcoin Creates Positive Market Effects While Oil Causes Negative Impact

Arthur Hayes Predicts Bitcoin Rise to $110K

Dogecoin Foundation’s corporate arm forms 10m DOGE reserve to support liquidity

Receba nossa newsletter para saber diariamente as novidades das criptomoedas!