The price of XRP has stabilized around $2,40 after a 6% weekly drop. Whales are now accumulating the cryptocurrency, while Ripple announces new investments and analysts monitor for signs of recovery.
XRP closed the week with a cumulative drop of 6%, but managed to stabilize around $2,40, a level that analysts consider decisive for its short-term performance.
The cryptocurrency, backed by Ripple Labs, showed a slight recovery from the lows of $2,25 recorded on October 17, according to data from CoinGecko. This correction comes amid a context of institutional accumulation, less leveraged speculation, and new corporate initiatives that strengthen its market position.
Big investors accumulate XRP, while Ripple invests millions in its expansion
This week, the number of addresses holding more than 10.000 XRP reached a all-time high of 317.500According data Santiment's recently released tokens. This increase in token concentration suggests that high-value investors are expanding its positions, taking advantage of the recent price drop to accumulate. The blockchain analytics firm also reported growth in mid-sized wallets, indicating broader participation in this accumulation phase.
Meanwhile, open interest in XRP futures fell to $3.490 billion, its lowest level since June, according to CoinGlass. This decline reflects less leveraged speculative activity, which could translate into reduced short-term volatility. For some analysts, this change in market structure suggests a transition toward more defensive positions, while others interpret it as a sign of consolidation.
Meanwhile, Ripple Labs has also contributed to the climate of optimism. The company announced the creation of a Digital Asset Treasury (DAT) division, with an initial investment of $1.000 billion intended to accumulate XRP as part of its strategic reserves.
According to Bloomberg, this initiative This adds to the more than $3.000 billion Ripple has spent on acquisitions over the past two years, including Rail, Hidden Road, and GTreasury. The goal is to build a corporate financial infrastructure that integrates XRP and its stablecoin Ripple USD (RLUSD) as core components.
Institutional accumulation and less speculation set the pace for XRP
The stabilization of XRP's price around $2,40 has caught the attention of technical analysts. This level is considered a relevant support zone, as it has served as a rebound point in previous cycles. If the asset manages to stay above this threshold, it could initiate a new recovery phase. Otherwise, there is a risk of retesting the recent lows.
Source: CoinGecko
Accumulation by large holders reinforces the thesis that XRP is in a consolidation phase. The behavior of whales, who tend to buy during corrections, has historically been an indicator of confidence in the asset's fundamentals. In November 2024, a similar pattern preceded the rally that took XRP above the dollar, giving context to the current interest.
The decline in open interest in futures also provides a relevant reading. Fewer leveraged contracts imply less speculative pressure, which can favor more organic price movements. This shift toward less volatile positions coincides with the strengthening of the institutional narrative, driven by Ripple and the growing use of XRP in money transfers and financial solutions.
XRP: A Functional Asset Amid Market Uncertainty
XRP is presented as an asset with concrete applications. For example, transactions with this cryptocurrency are fast and inexpensive, making it an attractive option for companies seeking efficiency in their financial operations. Furthermore, Ripple continues to develop technological solutions that improve interoperability and reduce costs, reinforcing the asset's practical value.
Institutional adoption has also been a key factor. More and more companies are incorporating XRP into their payment and treasury management systems, driving demand. This trend is reflected in the growth of the XRP holder community and the interest of financial players in integrating network-related solutions.
In this context, the price stabilization at $2,40 becomes significant. This is not just a technical indicator, but a signal that could mark the beginning of a new era for XRP. The combination of strategic accumulation, reduced speculation, and corporate support creates an environment conducive to a sustained recovery, provided confidence in its fundamentals remains.
