XRP’s Unmatched Run: Still a Top 15 Crypto After Eight Years

$XRP boasts an unmatched run among altcoins, holding its position within the top 15 digital assets by market cap for eight consecutive years.

$XRP’s resilience persisted even through the SEC lawsuit and the 2022 crypto winter. Now, after rallying from sub-$0.50 lows last year to a multi-year high of $3.65 in 2025, that long-term strength faces a crucial test as the price consolidates near $2.38 support.

How Did Retail and Whales Trade $XRP Differently During the Dip

According to CryptoQuant data, October saw an increase in $XRP deposit transactions on Binance, the highest since June. The inflows were mainly from smaller tranches of around 1,000 $XRP, indicating active participation from retail investors.

These inflows came alongside a drop in $XRP’s price from near $3 to around $2.30–$2.60 mid-month and $2.38 at the time of writing. Larger deposits in the 10K–1M $XRP range were also observed.

Whale Activity and Short-Term Pressure

CryptoQuant also noted a sharp increase in whale transactions early in October. From October 1 to October 17, Whale-to-Exchange transactions on Binance rose sharply, peaking at 43,000 on October 11.

The spike represents a wave of large holders transferring $XRP to exchanges, a common sign of profit-taking or risk management during volatile markets. Following this surge, $XRP’s price saw a notable correction from above $3 to around $2.30.

What Key Levels Must $XRP Hold to Maintain Its Structure?

Based on the weekly $XRP chart, the token is trading near $2.38 after a correction from $3.65. The chart shows a clear rising wedge breakdown followed by a bounce from the support zone around $2.30.

Meanwhile, the Bollinger Bands suggest price compression as the MACD remains slightly bearish but close to a potential bullish crossover. Also, the Chaikin Money Flow (CMF) stays positive, showing continued capital inflows.

However, the Balance of Power (BoP) is negative, indicating short-term selling dominance.

If $XRP holds above the $2.30 support level, it could retest resistance at $2.76 and $3.54. A break above $3.65 could set the stage for a push toward its all-time high of $3.84. On the other hand, failure to hold the $2.30 support could see $XRP retesting the $1.97 level.