XRP reached a new all-time high in July 2025. Analysts are assessing whether the momentum will continue or if a deeper correction is imminent, following key moves by large investors.
Over the past month, XRP has returned to the spotlight by surpassing its previous record high from 2018, reaching prices between $3,65 and $3,92, according to platforms such as CoinGecko and other data aggregators. This new all-time high (ATH) Not only did this mark a technical milestone, but it also reflected a shift in market perception toward the digital asset. XRP's market cap surpassed $200.000 billion, while daily trading volume soared 150% to $18.000 billion. Its market share also grew, reaching around 5,2%.
However, what was most striking about this rally was that it was driven by a massive accumulation of tokens by large investors. So-called "whales" acquired nearly $9.000 billion worth of XRP before the rally, suggesting renewed confidence in the cryptocurrency developed by Ripple. This behavior sparked the interest of analysts, who began projecting new price targets, with some suggesting that the next level to watch could be $4.
Whale accumulation and its impact on the XRP narrative
The prominence of whales in XRP's recent move has been one of the most discussed factors by analysts and market observers. The pre-rally accumulation was interpreted as a sign of conviction by major players, who bet on a sustained revaluation of XRP. However, this narrative was partially reversed when, in less than 24 hours, these same investors reported selling more than 710 million XRP.
This shift caused concern among analysts, who began to warn of a possible deeper correction. Ali Martínez, known for his tracking of digital assets, Indian that XRP could find support between $2,40 and $2,55, an area that has shown accumulation activity in the past. Although the $3 level acted as temporary support, on-chain data suggests that demand in that area is weak, and that the true liquidity cushion lies further down.
Selling pressure from whales, coupled with signs of cooling retail investor behavior, has led some analysts to believe that XRP's bullish momentum may be losing steam. Still, others argue that these types of corrections are natural in accelerated appreciation cycles and could offer entry opportunities for those looking to position themselves in the medium term.
BUY XRP ON BIT2MEDivided perspectives: correction or consolidation?
The debate over XRP's immediate future has intensified. On the one hand, more cautious analysts warn that recent selling activity, coupled with signs of overbought activity across various timeframes, could trigger a steeper correction. The MVRV ratio, which measures market value versus realized value, recently showed a bearish crossover, which some interpret as a sign that investors are beginning to take profits.
On the other hand, some see this correction as an opportunity to consolidate more sustainable levels. The $2,40 zone has been identified as an attractive range for placing buy orders, in anticipation of a possible rebound. This strategy is based on the idea that, after a distribution phase by whales, a new accumulation phase could follow, pushing the price back toward levels close to $4.
The absence of external catalysts so far, such as regulatory announcements or institutional alliances, has led to XRP's performance being interpreted as a pure expression of market sentiment. This has created an analysis environment more focused on supply and demand dynamics, and less influenced by exogenous factors.
What's next for XRP in the current context?
XRP's performance in the coming weeks will largely depend on the performance of large holders and whether the market manages to stabilize around key support levels. While the enthusiasm surrounding the new all-time high has been palpable, the volatility observed has also made it clear that the path to sustained consolidation will not be linear.
Analysts agree that the $2,40 level will be crucial in determining whether XRP can maintain its momentum or if a longer correction phase is imminent. If the cryptocurrency manages to stabilize and regain momentum, it could consolidate its position as one of the key players in the crypto ecosystem for the remainder of 2025. However, if selling pressure persists, the market could reassess its expectations and seek refuge in less volatile assets.
In any case, XRP's recent performance has shown that it remains an asset capable of generating massive interest from both institutional and retail investors, and although the immediate future is uncertain, its ability to attract attention and capital remains intact.
