XRP Price Surges to $7.00 as Whale Activity, ETF Hopes, and Market Sentiment Drive Upward Movement
Ripple’s XRP is currently navigating a complex environment as its price stands at approximately $2.35 in May 2025. Despite experiencing a notable increase year-over-year, recent market trends have presented both positive and negative signals that are impacting investor sentiment and overall market dynamics.
One significant trend indicating confidence in XRP’s future potential is the increased accumulation of XRP by large-scale investors, often referred to as “whales.” Data shows that entities holding between 10 million and 100 million XRP now account for around 12.1% of the total supply, showcasing a growing belief in the long-term prospects of XRP.
In contrast to this positive accumulation, there has been a noticeable uptick in XRP reserves on various exchanges, with Binance, in particular, seeing an increase from 2.7 billion to 2.9 billion XRP since the beginning of May. This rise in reserves could potentially lead to heightened selling pressure as more tokens become available for trading, potentially causing price fluctuations.
Another factor fueling optimism in the market is the speculation surrounding the potential approval of a spot XRP Exchange-Traded Fund (ETF) by the Securities and Exchange Commission (SEC). Market prediction platforms like Polymarket have indicated an 85% probability of such approval, reflecting investor anticipation that an ETF could bring increased legitimacy and accessibility to XRP.
Market analysts and participants have put forth various price targets for XRP, with short-term projections suggesting a potential price of $2.85 by June, contingent upon favorable market conditions and regulatory developments. Optimistic year-end scenarios place XRP’s price range between $5 and $7 by the close of 2025, assuming sustained positive momentum and institutional adoption. Speculative long-term projections envision XRP reaching anywhere from $10 to $20 within the next decade, driven by widespread adoption and integration into global financial systems.
In terms of technical indicators, recent analysis has shown that XRP experienced a “golden cross” against Bitcoin, which is a bullish signal signifying a short-term moving average crossing above a long-term moving average. However, concerns have been raised over declining network activity, as evidenced by a decrease in daily active addresses, raising questions about sustained user engagement and transaction volume.
Looking ahead to the remainder of 2025, XRP’s trajectory will be shaped by a combination of factors including significant whale accumulation indicating investor confidence, increasing exchange reserves potentially leading to selling pressure, and the potential approval of an XRP ETF that could broaden market participation. While short-term volatility is to be expected, the long-term outlook remains cautiously optimistic, contingent upon regulatory developments and continued adoption of XRP.
