XRP (XRP) saw a notable boost today as a major transaction of 17,555,420 XRP—valued at approximately $48.9 million—was executed on the XRP Ledger via Kraken.
This sizable purchase highlights growing institutional interest in XRP, suggesting that large investors may be positioning themselves ahead of potential market movements.
A whale bought 17.56 million XRP, valued at $48.9 million, signaling strong institutional interest. Source: @RippleXrpie via X
According to blockchain tracking data, this whale transaction occurred at 07:44:41 UTC, signaling confidence in the digital asset despite recent sideways price action.
XRP Price Today Shows Consolidation
XRP’s price has been consolidating around the $2.80 mark, reflecting a pattern similar to its late 2024 movements. Historical data from Yahoo Finance indicates that XRP experienced a roughly 20% price increase during that period, providing a potential roadmap for traders.
XRP was trading at around $2.80, up 1.14% in the last 24 hours at press time. Source: XRP price via Brave New Coin
TradingView analysts note that XRP recently dipped below $2.82, with momentum indicators such as RSI and SMA200 favoring sellers. A recovery above $2.85 is considered crucial for sustaining bullish momentum in the near term.
Ripple CEO Projects Long-Term Growth
In a recent discussion, Brad Garlinghouse, CEO of Ripple Labs, projected that XRP could achieve a market capitalization of $10 trillion by 2030. If realized, this would imply a potential XRP price of around $100 per token based on the current circulating supply.
Ripple CEO Brad Garlinghouse projects XRP could hit a $10 trillion market cap, implying a potential price of $100 per token. Source: @TheCryptoSquire via X
Garlinghouse highlighted Ripple’s ongoing initiatives in central bank digital currencies (CBDCs) and its partnerships with major financial institutions as potential growth drivers. While these projections are highly ambitious and speculative, they underscore the long-term optimism surrounding XRP in the crypto community.
Market Context and Speculative Outlook
XRP currently holds a market capitalization of approximately $166.8 billion, with a price hovering around $2.80. Experts caution that while whale activity and institutional interest can signal bullish sentiment, regulatory uncertainty and market volatility remain significant factors influencing XRP’s price trajectory.
XRP showed similar sideways movement last year before an October–November surge, hinting at a possible repeat pattern. Source: @XrpUdate via X
Cryptocurrency analysts continue to monitor XRP closely, citing its potential role in cross-border payments and blockchain-based financial systems as factors that could contribute to long-term value appreciation. However, as with all crypto assets, investors are advised to approach projections—such as the $10 trillion market cap—with caution.
XRP Price Prediction and Upcoming Catalysts
Short-term XRP price prediction suggests that a breakout above $2.85 could attract further buying interest. Market watchers are also keeping an eye on XRP-related regulatory developments, including SEC lawsuit updates and potential ETF approvals, which could have significant implications for XRP price today and in the months ahead.
Analysts suggest that October–November 2025 could be a critical period for XRP, with historical trends pointing toward possible bullish momentum if current consolidation patterns resolve favorably.
