Recent claims suggest someone may be trying to manipulate the price of XRP. Analysts have noticed large XRP holders making big moves – transferring billions of tokens – which caused sudden changes in how easily XRP could be bought and sold on major exchanges. They believe these large holders might be trying to influence the price, target traders using leverage, and take advantage of times when the market is vulnerable.
Is XRP Becoming A Whale-Controlled Market?
Large XRP holders, often called ‘whales,’ appear to be intentionally influencing the market by creating a ‘liquidity trap’ around the $1.45 price level. According to crypto analyst Cheeky Crypto on X, repeated tests of this price point suggest it’s not genuine resistance, but rather a strategic move by whales to manipulate trading activity.
There’s a large amount – 1.16 billion – of XRP tokens currently available, and a little-known way they’re being moved through the market. While everyday investors see price drops as a sign of trouble, larger institutions are supposedly using ETFs to quietly buy up the tokens being sold.
Recent activity on the XRP blockchain supports the idea that demand is increasing. In just one day, a significant amount of XRP – 34.94 million tokens – was moved off of cryptocurrency exchanges. At the same time, the automated system that facilitates XRP trading is experiencing a shortage of available tokens, suggesting demand is exceeding supply.
Significant changes in regulations could greatly impact the future of XRP. Specifically, the Clarity Act, currently being discussed by the U.S. Senate Banking Committee, could be a turning point if it officially defines XRP as a digital commodity. According to Cheeky Crypto, Goldman Sachs’ recent report of a $153.8 million investment in XRP ETFs suggests that institutional investors are starting to enter the XRP market.
Stablecoin Activity On XRP Ledger Continues Accelerating Rapidly
XRP and its surrounding network are showing promising signs. According to Mr. Cauliman, founder of House of Cauliman, a key indicator is the recent withdrawal of over $115 million worth of XRP from exchanges in just one day. This typically suggests that large XRP holders are storing their assets in secure, personal wallets instead of looking to sell them right away.
Real-world assets on the XRPL are gaining significant traction. The value of these tokenized assets has jumped to around $3.03 billion, a roughly 45% increase in the last month. Alongside this, more people are using stablecoins on the network – their total value is approaching $498 million, and transaction volume is consistently growing.
We’re also starting to see more institutions embrace this technology. Recently, Ondo Finance, JPMorgan Kinexys, Mastercard, and Ripple completed a fast, cross-border transaction involving tokenized US Treasuries, using the XRPL network.
Even with whales consistently withdrawing XRP from exchanges, institutions experimenting with real-world asset settlements, and a surge in stablecoin use, the XRP network remains highly functional. This increasing interest is driven by demand from buyers, but it’s the network’s practical uses that are really capturing people’s attention.
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2026-05-11 22:04