Foreign media report that recent discussions around XRP are no longer focused solely on short-term price fluctuations, but rather on whether large holders continue accumulating, potentially accelerating a price reevaluation. The article cites on-chain data showing that wallets holding over 1 million XRP currently control more than 74% of the circulating supply, while retail investors continue selling during most pullbacks.
Large whale holdings continue to concentrate
The report noted that these large addresses collectively increased their holdings by approximately 1.53 billion XRP over the past six months. As a result, the market has begun to speculate that if holdings continue to concentrate among a small number of large holders, future price movements may not unfold as gradual increases, but rather as sudden,阶段性 rapid surges.
The text also mentions that XRP rose to around $1.25 before pulling back to approximately $1.20, with some traders viewing this level as a short-term support range.
- Wallets holding over 1 million tokens control more than 74% of the supply.
- Approximately 1.53 billion XRP in new positions were added over the past six months.
- The price briefly touched $1.25 before pulling back.
Regulatory developments are becoming a key focus.
Foreign media reports suggest that supporters view the regulatory reclassification as one potential catalyst. The article notes that U.S. regulators classified XRP as a digital commodity in mid-March, a development some market participants interpret as encouraging greater institutional allocation.
The article also cites market participants who suggest that XRP could benefit from a clearer regulatory environment if the U.S. Congress advances legislation related to cryptocurrency market structure. The report notes that Charles Schwab’s Head of Digital Assets Research believes the CLARITY Act, if passed, could spark renewed upside expectations; Galaxy Research has assigned a relatively high probability of passage.
Executives and analysts hold divergent views
However, Ripple insiders have not fully endorsed these aggressive price predictions. Former Chief Technology Officer David Schwartz has remained cautious about market rumors of $50 to $100 targets, stating he is unwilling to make such forecasts. Ripple CEO Brad Garlinghouse emphasized that the company remains highly focused on the development of the XRP ecosystem.
The article also aggregates forward-looking assessments from multiple institutions and analysts. Standard Chartered maintains its target range of $27 to $28 for XRP by 2030; another analyst has set technical targets at $8, $13, and $27. Foreign media suggest that whether XRP experiences a more significant upward move still depends on the pace of regulatory progress and whether large-scale accumulation can continue to translate into actual buying momentum.