- XRP price nearing $3, boosted by significant whale activity.
- XRP trading volume increased 83% to $4.4 billion.
- Institutional adoption and regulatory clarity drive momentum.
XRP’s price has surged towards $3 as of May 9, 2025, driven by increased trading volumes, whale activity, and supportive market conditions.
Market reactions highlight XRP’s positive momentum and strong support levels, which enhance its potential to reach $3 soon.
XRP is heading towards $3, backed by an 83% surge in daily trading volume reaching $4.4 billion and strong whale activity. Wallets with 10-100 million XRP have increased their holdings, indicating confidence in XRP’s potential appreciation.
Institutional adoption and regulatory developments are major drivers of XRP’s growth. Ripple’s expansion efforts and a settled dispute with the SEC have resulted in capital inflows and reduced uncertainty. These factors are prompting optimistic projections among analysts. As Geoffrey Kendrick, Head of Digital Assets Research at Standard Chartered, predicts:
“XRP price targets are $5.50 by end of 2025, $8.00 in 2026, $10.40 in 2027, and $12.50 by 2028.”
The increased activity in the derivatives market and rising open interest in XRP options further underscore trader sentiment. XRP’s price keeps climbing due to this enhanced market engagement, showing signs of an imminent breakthrough.
As XRP nears $3, the benefits of regulatory clarity under SEC Chairman Atkins continue to unfold. Investors seem confident, with price targets reaching as high as $5.50 by the end of 2025. The broader cryptocurrency market’s risk-on sentiment is also playing a positive role. Historical trends point to further gains, supported by macroeconomic factors, ETF approvals, and the inclusion of XRP in U.S. crypto reserves.
