XRP rose 3.51% to $1.43 over 24 hours as whale buying, rising network usage and expanding derivatives positions built behind the move. Traders are now watching whether a break above $1.45 resistance can open the path toward $1.50.
XRP climbed 3.51% to $1.43 in the past day as large holders added to their positions and on-chain usage picked up. The move came as the broader crypto market's value rose 1.5% to $2.79 trillion over the same period, with bitcoin hovering near $81,000 and ether pushing toward $2,600.
XRP Ledger activity climbs
The XRP Ledger processed 2,344,225 transactions in the last 24 hours, an 8.9% increase over the previous day. That points to heavier use of the network, though the activity would need to hold for longer to signal lasting adoption rather than a short-term bounce.
Whale accumulation fuels breakout hopes
Large holders bought roughly 1.54 billion XRP over 96 hours, worth about $2.2 billion, reviving hopes that whale demand could extend the rally if the broader market mood stays positive. Yet whale inflows to Binance also reached 1.6 billion XRP over the past 30 days, the largest such inflow since March 2026, which clouds the read on large holders' intentions. Deposits to exchanges can precede sales as easily as they can reflect confidence in further price gains.
Derivatives positioning expands
XRP derivatives volume rose 2.73% to $5.13 billion. Open interest climbed 8.12% to $3.24 billion as traders added futures positions. Open interest growing faster than volume points to rising speculative exposure rather than short-term trading, which can amplify gains in a rally but also sharpen losses if the market reverses. The recovery follows a stretch of macro pressure on crypto markets, including Federal Reserve rate increases, a failed Senate vote on the CLARITY Act, and higher Bank of Japan rates.
Chart levels point to $1.50 test
On the four-hour chart, XRP is trading inside an ascending channel after rebounding from the $1.28 area, with resistance near $1.45. A confirmed break above that level would open the way to $1.50, and further strength could extend the move to $1.60. The relative strength index sits at 65, still below the overbought threshold of 70, leaving room to run before the market looks overheated.
The Chaikin Money Flow reading of 0.18 shows capital still flowing in, which could help XRP test the top of its channel if inflows hold. A failure at $1.45 could send XRP back to $1.40, with a deeper pullback testing $1.36 at the bottom of the channel.
Source: CoinGape
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