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XRP Price Continues Recovery as Whales Invest $730 Million

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XRP has been steadily recovering from recent price setbacks, showing strong bullish potential. The altcoin has been moving in an upward trajectory, backed by large wallet holders known as whales. 

These whales are significantly influencing XRP’s price action by accumulating massive amounts of the token.

XRP Whales Seem Ready For Rally

Whale addresses holding between 10 million and 100 million XRP have been actively accumulating. These investors have bought approximately 270 million XRP worth around $730 million over the past week. This accumulation indicates a strong conviction in the future of cryptocurrency; especially as large wallet holders tend to have considerable influence on price movements.

These whale investors appear confident that XRP is on the verge of further gains. Their buying activity suggests that they believe the price will continue its recovery and push past resistance levels. As these whales continue to accumulate XRP, it solidifies the bullish sentiment, helping to fuel potential price rallies in the days ahead.

XRP Whale Holding
XRP Whale Holding. Source: Santiment

The overall momentum of XRP is shifting positively, with its weighted sentiment showing a notable uptick for the first time in a month. For the past few weeks, sentiment has been predominantly bearish as investors showed caution. However, this shift to positive sentiment reflects growing confidence in XRP’s price recovery and suggests an increase in buying activity. 

As investor sentiment improves, the price of XRP could see significant upside movement. This shift in sentiment might encourage more participants to enter the market, adding fuel to the recovery and pushing XRP to new heights.

XRP Weighted Sentiment
XRP Weighted Sentiment. Source: Santiment

XRP Price Aims At $3

XRP is currently trading at $2.70 and is looking to secure this level as a support floor. A successful establishment of support at $2.70 is crucial for XRP to continue its upward momentum. Breaking past the resistance of $2.95 and flipping it into support would further confirm a rally, pushing XRP toward higher targets.

In the short-term, XRP’s price could be influenced by its ongoing formation of an ascending wedge pattern. While this pattern is typically bearish in the long term, it is suggesting a short-term bullish breakout. If XRP manages to break through its all-time high (ATH) of $3.40 and higher, it could extend its rally.

XRP Price Analysis
XRP Price Analysis. Source: TradingView

However, if XRP fails to breach and maintain $2.70 as support, it could see a sharp decline toward the next support level at $2.33. This would invalidate the current bullish pattern and outlook, potentially delaying or reversing the recovery.

Disclaimer

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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Cardano Network Activity Indicates Bullish Momentum for ADA

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Cardano’s price has surged by almost 10% over the past week amid the current broader market recovery. This surge is fueled by Cardano’s increasing network activity and long-term holding trends, indicating growing investor confidence.

With the broader market in recovery mode and on-chain fundamentals strengthening, ADA’s current setup suggests the potential for a sustained upside. 

ADA Accumulation Grows as Traders Show Strong Conviction

ADA’s demand has soared over the past week, as reflected by the steady surge in the daily count of active addresses on the Cardano network. According to IntoTheBlock, this has risen by 12% over the past seven days, indicating a gradual uptick in the demand for the Layer-1 coin. 

This trend is a bullish signal, as it highlights growing investor interest in ADA and could drive its sustained price rally. 

Moreover, new demand for the altcoin has also climbed. According to IntoTheBlock, the number of new addresses on the Cardano network has increased by 5% during the review period.

ADA Daily Active Addresses.
ADA Daily Active Addresses. Source: IntoTheBlock

When ADA sees a gradual increase in new demand like this, it indicates the entry of new investors or traders into the market. This leads to higher trading volumes and liquidity, which in turn drives up the coin’s price.

Further, ADA investors have increased their holding time, signaling that the bullish momentum toward the altcoin is growing. According to IntoTheBlock, it has increased by 78% over the past week.

ADA Coin Holding Time
ADA Coin Holding Time. Source: IntoTheBlock

An asset’s holding time measures the average duration its coins/tokens are held before being sold or transferred. This bullish trend marks an ADA accumulation phase, with traders less inclined to sell.

It reflects strong investor conviction, as ADA investors choose to hold on to their coins rather than sell. Also, it could help reduce the selling pressure in the ADA market, driving up its value in the short term.

ADA Bulls Target Higher Gains

ADA trades at $0.76 as of this writing, extending its gains by 4% over the past day. On the daily chart, the coin’s Relative Strength Index (RSI) is in an upward trend at 52.11, confirming the buying activity. 

The RSI indicator measures an asset’s overbought and oversold market conditions. It ranges between 0 and 100, with values above 70 indicating that the asset is overbought and due for a decline. Conversely, values below 30 indicate that an asset is oversold and due for a rebound.

At 52.11 and climbing, ADA’s RSI readings suggest strengthening bullish momentum as buying pressure builds. If accumulation continues, the coin’s price could reach $0.97.

ADA Price Analysis.
ADA Price Analysis. Source: TradingView

However, if profit-taking commences, this bullish projection would be invalidated. In that scenario, ADA’s price could dip to $0.64.

Disclaimer

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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Binance Reshapes Listings with Binance Wallet’s TGEs Approach

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Instead of directly listing tokens on the Binance exchange as before, Binance has recently implemented a new method through Binance Wallet.

Accordingly, the exchange has shifted from large-scale initial token offerings to a secondary listing model after hosting Token Generation Events (TGEs) through Binance Wallet.

The Secondary Listing Model

So far this year, five projects have been publicly launched on Binance Wallet. It facilitated the sales of projects, including Particle Network (PARTI), Bedrock (BR), and Bubblemaps (BMT).

It appears that Binance is reducing the direct listing of projects it deems to have potential. Instead, it is adopting a secondary listing model through other components within its ecosystem.

“Binance has pivoted away from doing huge initial launches with big Day-1 selling pressure, while doing more secondary listing shortly after running TGE campaign on Binance Wallet,” a user on X observed.

Binance does not list the tokens immediately after the TGE phase amid the selling pressure. Instead, it allows users to sell first on Binance Wallet, PancakeSwap, or other centralized exchanges (CEXs). This ensures that Binance users who did not participate in the TGE are not affected by price drops.

Finally, Binance can list the token when its valuation is lower, and selling pressure has decreased. Projects with strong capital may have already bought back their tokens at a low price, and at this point, the listing can create a new wave of price increases.

The impressive performance of these projects after TGE triggers a FOMO (Fear of Missing Out) effect, bringing numerous benefits to Binance’s ecosystem. This includes increasing the Total Value Locked (TVL) on the BNB Chain as new assets are issued, attracting new users to the Binance Wallet, and boosting demand for BNB purchases.

X user Ahboyash commented that the token sale on Binance Wallet is part of a 4-stage strategy for new projects. The ultimate goal of this strategy is to list on Binance Futures and eventually aim for a Binance Spot listing.

The user also cited MyShell as an example. The project conducted its TGE Offering on Binance Wallet, then listed on Binance Alpha, and finally achieved a Binance Spot listing.

Impressive Performance of Binance Wallet TGE Projects

Thanks to this secondary listing model, projects conducting TGEs through Binance Wallet have shown strong performance. Data from icoanalytics indicates that all five projects launched via Binance Wallet in 2025 have achieved ROI ranging from 2.3x to 14.7x, outperforming projects on Binance Alpha.

This strategy has effectively reduced users’ risk and optimized the benefits for Binance ecosystem components, including BNB Chain and Wallet. As a result, Binance Wallet’s daily trading volume surged to $90.5 million on March 18. This represented a 24x increase from early March.

However, users on other CEXs may experience losses due to initial selling pressure. Additionally, if a project fails to develop successfully, both Binance and investors could face negative consequences.

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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Will BlackRock & Fidelity Join?

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The race for an XRP ETF (exchange-traded fund) in the US is heating up as top financial firms, including BlackRock and Fidelity, are predicted to join the competition.

Brazil beat the US with an XRP ETF already running after Hashdex secured approval a month ago, effectively pioneering the country’s financial instrument.

Nate Geraci Says XRP ETF Only A Matter of Time

Nate Geraci stated that XRP ETF approval is “simply a matter of time.” According to the president of the ETF Store, the XRP token is the third-largest non-stablecoin cryptocurrency by market capitalization, making it an attractive candidate for major ETF issuers.

He expects leading asset managers like BlackRock and Fidelity to enter the XRP ETF market. This would mean following the footsteps of other firms like Bitwise, Canary Capital, WisdomTree, and Grayscale, who have already submitted filings.

Ripple lawsuit coming to end… Seems obvious that spot XRP ETF approval is simply a matter of time IMO. And yes, I expect BlackRock, Fidelity, etc. to all be involved. XRP is currently 3rd largest non-stablecoin crypto asset by market cap. Largest ETF issuers aren’t going to ignore this,” wrote Geraci.

While Fidelity’s position remains unclear, BlackRock recently said it would prioritize Bitcoin and Ethereum ETFs, citing their strong performance and market maturity. Specifically, regulatory uncertainty and low market share kept BlackRock from launching altcoin ETFs like Solana or XRP.

“We’re just at the tip of the iceberg with Bitcoin and especially Ethereum. Just a tiny fraction of our clients own IBIT and ETHA, so that’s what we’re focused on (vs. launching new altcoin ETFs),” Bloomberg’s Eric Balchunas stated, citing Jay Jacobs, the head of BlackRock’s ETF department.

Nevertheless, the growing confidence in an XRP ETF stems from recent positive developments in Ripple’s long-running legal battle with the US SEC (Securities and Exchange Commission). The securities regulator recently dropped its lawsuit against Ripple, marking a significant victory for the blockchain company.

As BeInCrypto reported, Ripple will retain $75 million from its settlement with the SEC as the case enters its final stages.

Ripple CEO Brad Garlinghouse has expressed renewed optimism about the company’s future in the US following this break. In his opinion, the legal victory paves the way for further institutional adoption.

Five months ago, Garlinghouse predicted that an XRP ETF was inevitable. Recent regulatory clarity has only strengthened this belief.

XRP ETF Approval Odds Soar to 82%

As of February, the SEC began a 240-day countdown to review XRP ETF applications, with approval odds increasing significantly. According to Polymarket data, the likelihood of an XRP ETF approval in 2025 has surged to 82%. At the same time, there is a 41% chance of approval by July 31, 2025.

XRP ETF approval odds
XRP ETF approval odds. Source: Polymarket

This growing confidence reflects the SEC’s changing stance on crypto-based ETFs following the approval of spot Bitcoin ETFs earlier this year.

JPMorgan analysts predict that XRP ETFs could attract between $6 and $8 billion in 6 to 12 months. This projection reflects the strong demand for regulated crypto investment products. This is particularly pronounced among institutional investors seeking exposure to digital assets without direct custody risks.

However, while the optics look good for XRP ETFs, investor demand for additional products beyond Bitcoin and Ethereum ETFs remains uncertain.

Nic Puckrin, financial analyst and founder of The Coin Bureau, says the additional ETFs may be unnecessary in a soon-to-be oversaturated market.

“…Trump Media’s new “Made in America” ETFs – which are set to include US-made altcoins alongside stocks – will bring nothing new to the table. In all likelihood, their success will be short-lived and their long-term performance will be lackluster. Investors will continue choosing BTC ETFs over all this noise,” Puckrin told BeInCrypto.

XRP Price Performance
XRP Price Performance. Source: BeInCrypto

BeInCrypto data shows XRP was trading for $2.47 as of this writing. This represents a modest surge of almost 2% in the last 24 hours.

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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