$30 Million Worth XRP Traded in Just 60 Seconds

$XRP is on the move, rising over 6% in the last 24 hours and now trading at $2.33. After weeks stuck between $2.00 and $2.29, many believe this could be the start of a big breakout.

The surge comes right after a huge announcement: the SEC has approved the first-ever $XRP ETF. It’s from ProShares and focuses on $XRP futures. This is a big deal and could lead to a full spot $XRP ETF soon—a move that could bring in tons of new investors and push prices even higher.

According to experts, this is a big step forward and predicts that over $100 billion could flow into $XRP soon. With more ETF applications pending, $XRP’s future looks promising.

Whale Activity On The Rise

Meanwhile, whale activity is heating up. Whale Alert just spotted a massive transfer—over 29.5 million $XRP (worth nearly $69 million) moved from a private wallet to Coinbase. No one knows if this whale is planning to sell or buy something else.

And get this: in just 60 seconds, $30 million worth of $XRP was traded. Things are moving fast, and all eyes are on $XRP right now.

What’s Next For $XRP Price?

Analysts have said that $XRP needs more buying power to keep going. If volume picks up, then $XRP could quickly jump to $2.40. Analyst World of Charts predicts that $XRP could soon breakout and hit $5, setting a new all-time high. He pointed to $XRP’s past surge from $0.49 to $2.50, expecting a similar move to unfold soon.

Ali Martinez in a recent X post shared that $XRP is showing strong bullish momentum with a 67% rise in active users on its network. Additionally, $XRP whales are accumulating more tokens, with large wallets holding a major portion of the supply.