Ripple’s XRP continues to capture the attention of high-net-worth individuals and institutional investors as the cryptocurrency maintains a steady trading price of approximately $2. Despite facing market volatility and geopolitical tensions, the demand for XRP from whales has surged, with major players acquiring billions in coins in recent weeks.
XRP Whale Activity Soars: A $2 Billion Surge
Recent data from Santiment shows that XRP’s wealthiest holders, who control wallets with 1 billion XRP or more, have been actively increasing their holdings. Over the last 14 days, this elite group of investors added 1.1 billion XRP, worth about $2 billion, to their portfolios, showing resilience even in the face of broader market sell-offs. As of April 2025, a new whale would need to invest $1.8 billion to join this top cohort, which collectively holds 24.7 billion XRP.
Key Drivers Behind XRP’s Growing Appeal
Spot ETF Filings Gain Traction
Ripple’s progress in filing for a spot ETF has been a key factor in attracting institutional investors. The potential approval of an XRP ETF is expected to increase market depth, stability, and accessibility, drawing capital from risk-averse institutions like pension funds and wealth managers. XRP’s inclusion in this investment vehicle could cement its position as a leading altcoin.
XRP’s Inclusion in U.S. Strategic Crypto Reserve
In a groundbreaking move, XRP was included in the U.S. government’s strategic crypto reserve, announced by former President Trump. This proposal aims to enhance U.S. financial infrastructure and address national debt, further legitimizing XRP as a key asset in the global financial system. The policy’s endorsement adds institutional legitimacy to XRP, which has already seen increased demand from politically aligned investors.
Ripple’s Acquisition of Hidden Road
Ripple’s $1.25 billion acquisition of Hidden Road, a digital asset prime broker, is a major step in expanding its institutional presence. This move enhances Ripple’s capabilities in areas like stablecoin liquidity and cross-border settlements, positioning the company as a leader in the institutional crypto finance space. The deal, alongside the ETF filings, signals Ripple’s strategic push to capture a larger share of the institutional market.
Ripple’s Long-Term Potential
Despite broader economic challenges, including the ongoing U.S.-China trade tensions, XRP’s long-term prospects remain strong. Analysts believe the cryptocurrency’s decentralized nature, coupled with its growing institutional support, positions it as a relative safe haven for investors seeking exposure to digital assets amid traditional market volatility.
As Ripple’s whale cohort continues to grow and market conditions evolve, traders and investors are keeping a close eye on upcoming inflation reports from the U.S. and China, set to be released on April 10. These reports could provide further insight into the broader economic landscape and its impact on cryptocurrency markets.
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