XRP overturned Shopify, Verizon and Citigroup with the greatest market value, which improves its position as one of the most important assets in the world. The milestone comes after high sales of whales. He also raises questions about the question of whether retail optimism can support the rally.
The market value of XRP rises above the best companies
The market capitalization lists of companies show that XRP ranks a higher assessment than Shopify, Verizon and Citigroup at present. Shopify takes care of millions of online stores, and Verizon has more than 140 million users, while Citigroup has billions of assets under its direction.
The token increased by 12% this week, negotiating above $ 3.05, the first in weeks. Analysts say that this is part of greater recovery through digital assets fueled by the anticipation of ETFs.
Analysts predict the rupture
Technical analysts highlighted bullish configurations. A bull flag was also noticed by an analyst, giving projections such as $ 6, $ 13 and even $ 23 in case the room exceeds $ 3.60.
Another respected trader noted that fibonacci levels indicate $ 4.39 and $ 5.85, while support areas can be found between $ 3.01 and $ 2.85.
Another analyst noted a symmetrical triangle. According to them, this suggests that there is an equal chance for the XRP price to increase or decrease. He pointed out that maintaining a fence greater than $ 3.07 is essential for upward continuation.
ETF speculation fuels optimism
The enthusiasm of investors has developed around the possibility of a negotiated fund in exchange XRP in the United States. James Seyffart de Bloomberg noted that the XRP ETF of Rex-Osprey should be launched shortly after delays.
Polymarket’s prediction data proves this optimism. The probability of an ETF XRP to obtain approval by the end of 2025 is currently 95% on the platform. The figure represents an increase of 24% in recent months, which is an indicator of growing belief among market players.
The graph indicates an upward trend after decrease earlier in the year, and confidence is now at a record level. These products could open institutional flows in XRP, as has happened with Bitcoin and Ethereum Ethers.
However, demand could also be mixed. For example, the FNB Solana Staking by Rex-Osprey has recorded total $ 205 million entries since its launch. Compared to the performance of BTC ETFs during their first two months of launch, the Rex-Osprey Solana ETF has carried out expectations below.
Whales decrease the exhibition despite the milestone
While retail traders celebrate the milestone in the evaluation of the play, the major XRP holders reduce their exhibition. Santiment reported that the whales from 10 to 100 million XRP sold 40 million pieces in forty-eight hours.
These major holders have gradually minimized the exhibition in recent weeks. Their sales correspond to the launch of the Rex-Osprey XRP ETF. The whale decision suggests that they do not think that there will be a high demand from institutions, which will increase the price of the medal.
Large sales orders were observed in Binance, Coinbase and OKX, because the price of the part increased by more than $ 3.05. The whales also added short positions between $ 3.3 and $ 3.6, putting obstacles for any bullish momentum.
SEC delays add uncertainty
In addition, a decision on the ETF XRP by Franklin Templeton has been postponed by the United States SEC. The regulators are always cautious, and each hesitation, they add an element of confusion to the feeling of the market.
The mobile average at 30 days of whale flows per cryptocurrency supports the downward position of whales. Analysts warn that this type of model generally corresponds to the vertices of the market followed by a sharp decline.
XRP market activity
XRP increased by more than 8.81% in one week, with prices varying between $ 3.02 and $ 3.07. However, the negotiation volume reached $ 4.64 billion in the last day.
The long -term data told a similar story. Corceglass said that XRP Open Interest dropped 1.78% to 8.84 billion dollars. The best exchanges such as CME, Binance and OKX have also experienced major sales, which comply with the action of whales.
