XRP News: XRP Soars 36.79% in July, Nears Historic Monthly Close
XRP is making headlines as it approaches a historic monthly close, fueled by a staggering 36.79% gain in July 2025. With less than three hours left in the trading session, the token was trading at $3.0599, just above its previous record of $3.0354 set in January 2025. This milestone underscores XRP’s robust momentum and growing dominance in the crypto market.
XRP Price: Breaking Multi-Year Resistance
XRP’s recent surge has shattered a multi-year resistance level that had constrained the token since early 2018. Analysts compare this breakout to the 2017 rally, suggesting deeper structural significance. Key developments include:
- A fresh all-time high of $3.65 in July.
- 16 consecutive days above the $3 mark.
- A record quarterly close at $2.4 in Q1 2025.
XRP Gains: Whale Activity and Market Sentiment
Whale activity has intensified, with over 70 million XRP tokens moving out of dormant wallets in July. Such movements often signal accumulation or positioning for further price action. Additionally, Coinbase’s Q2 2025 earnings report revealed XRP outperformed Ethereum in revenue generation, highlighting its growing appeal.
XRP Record Close: What’s Next?
Analysts are eyeing key psychological levels above $3.50 and the all-time high of $3.65 as potential targets. A close above $3.0599 would confirm a high-timeframe breakout, potentially paving the way for a broader bull run.
XRP Whale Activity: A Catalyst for Further Growth?
Speculation about a 200,000 Bitcoin-to-XRP trade has added fuel to the bullish narrative. While hypothetical, such large-scale conversions could drive prices higher. Meanwhile, Ripple’s scheduled release of 1 billion XRP tokens is expected to have minimal market impact given the token’s strong fundamentals.
Conclusion: XRP at a Pivotal Moment
XRP’s performance in July 2025 marks a defining chapter in its journey. With record-breaking gains and heightened whale activity, the token is poised for further upside. Whether this momentum sustains into August remains to be seen, but one thing is clear: XRP is a force to reckon with.
Frequently Asked Questions (FAQs)
What is XRP’s current price target?
Analysts are watching $3.50 and the all-time high of $3.65 as key targets.
How much did XRP gain in July 2025?
XRP surged 36.79% in July, nearing a record monthly close.
What does whale activity indicate for XRP?
Over 70 million XRP moved out of dormant wallets, suggesting accumulation or positioning for further gains.
Will Ripple’s token release affect XRP’s price?
The monthly release of 1 billion XRP is routine and unlikely to disrupt the current bullish trend.
How does XRP compare to Ethereum in revenue generation?
Coinbase’s Q2 2025 report showed XRP generated more revenue than Ethereum, highlighting its growing market appeal.
