XRP Price Forecast: Ripple’s Token Nears Major Breakout After Massive Whale Accumulation

Key Takeaways: XRP Hovers Near $2.40 Amid Mounting Legal Clarity and ETF Buzz Ripple’s native token XRP is trading just above $2.40 as of 10 July 2025, holding weekly gains of nearly 7% after bulls defended the $2.34 support zone. Roughly 2,700 “whale” wallets now control 47 billion XRP—almost half of the circulating supply—signaling long-term confidence ahead of several catalytic events. SEC Appeal Could End This Week The U.S. Securities and Exchange Commission is expected to vote today on whether to abandon its remaining appeal against Ripple Labs, a move that would cement last month’s partial courtroom victory for the company. Analysts argue a formal dismissal could unlock fresh institutional flows and put $3 in sight before the end of Q3. Senate Spotlight Raises Pressure on Regulators Ripple’s case was referenced in a Senate Banking Committee hearing earlier this week, where lawmakers questioned the SEC’s expenditure on protracted crypto litigation and urged the agency to provide a clear framework for digital-asset classifications. Political scrutiny adds weight to speculation that regulators will opt for closure rather than risk further legal defeats. ETF Speculation Intensifies Fueling bullish sentiment, a regulatory lawyer close to BlackRock said the asset-management giant is “actively studying an XRP spot ETF” and will file an S-1 if the SEC drops its appeal. While no application is on record yet, even talk of a potential ETF has historically served as a launchpad for crypto-asset rallies. Whale Accumulation and On-Chain Signals Blockchain data show large holders are moving XRP off exchanges into cold wallets, often a precursor to upside moves. The 47 billion XRP held by top wallets equals approximately $113 billion at current prices—up from $88 billion three months ago. Net exchange outflows for July already exceed 200 million tokens. Technical Outlook: Eyes on $3 and $4 XRP remains capped by a descending trendline near $2.65, but a daily close above that level would open a path to $3.00, followed by the December swing high at $3.39. Broader 2025 forecasts cluster around $3–$4 if legal overhang disappears and ETF demand materializes. What’s Next • July 10: SEC commissioners meet; watch for filing updates. • July 12–15: Ripple’s global “XRPL Apex” developer summit in Amsterdam could reveal new banking partnerships. • August: U.S. CPI and Fed policy decisions may dictate risk-asset flows. Bottom Line XRP’s narrative is shifting from courtroom drama to mainstream adoption. Confirmation that the SEC is backing away—and even a whiff of an ETF filing—could be the spark that propels the token through multi-year resistance. Traders are positioning for volatility; long-term investors appear to be quietly accumulating.