XRP price ticks higher as Ripple whales accumulate. Now that the multi-year lawsuit is also coming to an end, confidence is high that the coin could break above June highs and soar to $3.5.
There’s movement in the top 5. After last week’s slip, not only are Bitcoin and some of the best cryptos to buy steady at the time of writing, lifting the total crypto market cap marginally to $3.45 trillion, but 
XRP ▲3.09%
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XRP Price Rising: Will Ripple Break $2.75?
According to Coingecko, XRP is among the top 10 performers, outperforming Solana and Dogecoin.
From trackers, XRP is firm, reversing losses and turning last week’s losses into gains. Although XRP is down 2% in the past week of trading, the uptrend remains.
The spike on June 16 pushed XRP from around $2.1, reversing losses from the better part of last week, to around $2.4, a local resistance level.
If prices push higher today, XRP will trend at fresh June 2025 highs, which could lay the foundation for more gains toward $2.75, a key liquidation level.
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Should buyers breach this level, then XRP will likely soar to $3.5 in a buy-trend continuation formation, mirroring gains of some of the next 1000x cryptos.
With rising XRP prices, trading volume across multiple exchanges spiked by 276% to over $9.6 billion.
As expected, rising prices and volume mean more traders are involved, looking to exploit the high volatility.
According to Coinglass, XRP open interest stands at over $4 billion, up 2% in 24 hours.
(Source)
Whales Positioning Themselves as Ripple-SEC Lawsuit Nears Resolution
According to Santiment data, XRP Ledger network activity is exploding.
The sentiment analytics platform observes that the average number of daily active addresses rose above 295,000, up from a three-month average of around 35,000.
📊 The XRP ledger is showing serious signs of growth, from both a usage and key stakeholder perspective.
📈 The amount of interacting $XRP addresses has averaged over 295K per day over the past week. Its normal daily average over the past 3 months was approximately 35-40K.
🐳… pic.twitter.com/RvxE8BSFAg
— Santiment (@santimentfeed) June 16, 2025
This surge in activity coincides with an uptick in the number of whale and shark wallets holding more than 1 million XRP.
Presently, the number of unique XRP addresses holding more than 1 million coins exceeds 2,700, a record for the XRP Ledger.
From legal developments, the ground is set for XRP to edge higher.
Ripple, the private company that uses XRP in some of its core remittance solutions, and the United States SEC recently filed a joint motion requesting Judge Analisa Torres to modify previous rulings.
Ripple wants the penalty reduced to $50 million from $125 million. At the same time, the private company wants the $75 million worth of XRP in escrow returned. Most crucially, Ripple wants the injunction barring them from selling XRP to institutions lifted.
It remains to be seen whether Judge Torres will approve their request. However, if granted, the resolution will end the multi-year lawsuit, which is a major relief for XRP. It could even provide fuel for the next cryptos to explode to fresh highs.
In turn, XRP would gain regulatory clarity, permitting institutions to gain exposure to the coin, preferably through spot XRP ETFs, a product that might be approved in the United States in the coming months.
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XRP Price Spikes as Ripple Whales Accumulate: Back To $3.5?
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XRP price is ticking higher -
XRPUSDT likely to break above June highs and soar to $3.5 -
Ripple whales and sharks are active and accumulating -
Ripple and the United States SEC filed a joint motion seeking civil penalty reduction and an end to institutional sale restrictions
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