XRP has soared to a seven-year high, breaking above $3, fueled by large holders accumulating a staggering 3.8 billion tokens. This marks a significant milestone for the cryptocurrency, with its market cap now standing at $162 billion.

Data reveals that these "whale" investors—entities holding over 10 million XRP—have been steadily increasing their holdings, driving bullish momentum in the market. Analysts point to heightened institutional interest and broader adoption of Ripple's technology as contributing factors to this surge.

The token's price jump comes amid rising trading volumes and renewed confidence in XRP’s potential as a key player in cross-border payments. However, as with any volatile asset, market conditions can change rapidly.

XRP’s impressive rally highlights the power of major investors in shaping market trends and highlights its continued relevance in the ever-evolving crypto landscape. Show Less