XRP Reaches 6-Year High – Whales And STH Accumulate Together 🚀

XRP has achieved a significant milestone by reaching $2.49, the highest price since January 2018, following a 395% rally since November. This surge reflects growing investor enthusiasm and strong market momentum, drawing attention to XRP's potential as a leading crypto asset.

Data from blockchain analytics firm Santiment highlights a major accumulation trend, with wallets holding 1M-10M XRP amassing 679.1 million tokens, equivalent to $1.66 billion over three weeks. This indicates renewed confidence in XRP’s future.

XRP's total number of non-empty wallets surpassed 5.5 million, showcasing increasing demand. Analysts suggest that sustained accumulation and wallet growth could drive XRP's momentum further, potentially setting new market benchmarks.

Currently, XRP trades at $2.30, consolidating after touching $2.50. The market is closely monitoring whether XRP can maintain this support level, which may facilitate a breakout past $2.50. Potential short-term pullbacks could find support at $2.08.

Investors are focused on XRP’s ability to hold the $2.30 level in the coming hours, a crucial period that may define its next market phase and set new milestone targets beyond the previous high.