Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

A 500K BTC -Dump is coming? The volatility of Bitcoin stands for a new test!

2025-05-21

Cardano (ADA) in Focus: Can it break this barrier and recover Momentum?

2025-05-21

Texas Strategic Bitcoin Reserve Bill is progressing to definitive approval

2025-05-21
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    WalletConnect’s Smart Sessions ‘Redefine’ Wallet UX for Future or AI agents: Founder

    2025-05-21

    Adventure Layer is launched as First Gaming L2 on Berachain

    2025-05-20

    Arbitrum affects $ 1.5 billion volume milestone on Uniswap V4

    2025-05-20

    BSCS Backs Backs AI-conducted shopping assistant in collaboration with Pulsebot AI

    2025-05-20

    Basic, BNB chain, Ethereum and others

    2025-05-20
  • NFT

    Guild of Guardians leads with a huge volume of $ 796.62k

    2025-05-20

    Solana Meme Coin Ponke Set to release assembly objects, clothing via Jcorp Spinout

    2025-05-19

    The most popular collections of the moment on blockchain

    2025-05-18

    Raoul Pal sees NFT market exploding when Ethereum Bull Cycle is approaching

    2025-05-17

    Ethereum is at the top of the charts in weekly NFT sales with $ 44.7 million in sales volume

    2025-05-16
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    Cardano (ADA) in Focus: Can it break this barrier and recover Momentum?

    2025-05-21

    Trader warns Bitcoin (BTC) blinking bearish signal, says gold that steam collects for the next leg up

    2025-05-20

    XRP -Price will still gather here, crypto -veteran Raoul Pal predicts

    2025-05-20

    Milei closes Libra Task Force and investigates ties with its administration

    2025-05-20

    Ethereum -price flashes bullish signal, but can it flow through obstacles?

    2025-05-20
  • Learn

    Types of Blockchain Layers Explained: Layer 0, Layer 1, Layer 2 and Layer 3

    2025-05-16

    Token vs. Coin: Key Differences You Must Know as a Beginner

    2025-05-15

    Inside Changelly: 10 years of steadfast support and compliance

    2025-05-15

    What Is Proof-of-Work (PoW)?

    2025-05-12

    What Is Proof-of-Authority (PoA)?

    2025-05-10
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Altcoins»As the Ripple case approaches resolution, XRP whales increase accumulation
Altcoins

As the Ripple case approaches resolution, XRP whales increase accumulation

2023-05-27No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


  • Whales showed more interest in XRP as network growth slowed.
  • Ripple began its expansion plans by acquiring a European crypto exchange.

The ongoing Ripple vs SEC case has had a huge impact on both the crypto sector and Ripple’s [XRP] price. However, as the case draws closer to the end, many whales have expressed their interest in XRP.


Realistic or not, here is the market cap of XRP in terms of BTC


Whales make more than a wrinkle

According to data from Santiment, it was revealed that whales have made significant XRP purchases in the past three weeks amounting to more than 52 million XRP. These acquisitions have an estimated value of $22.9 million.

Source: Sentiment

However, despite the great interest from whales, the price of XRP has not undergone a huge positive change.

Since April 19, there has been a remarkable 11.89% drop in the price of XRP. At the time of writing, XRP was trading at USD 0.474.

XRP’s RSI had risen to 63.08, showing that price momentum has been on the side of XRP over the past few days. However, it also indicated that it was in a slightly overbought position at the time of writing, with a possibility of a price reversal.

XRP’s CMF also fell, suggesting that buying pressure for the token had eased.

Source: Trade View

Looking at the details

Another factor that could affect XRP is declining network growth – an indicator that there was less activity from new addresses. Despite the falling price and network growth, the speed of the token remained consistent.

See also  Why Bitcoin Isn't Threatened by a Rising Dollar

Is your wallet green? Check out the Ripple Profit Calculator


During this period, development activity around the network also declined, implying developers weren’t contributing as much to XRP’s GitHub.

Source: Sentiment

However, Ripple’s plans to expand internationally may help XRP in the long run. In a recent announcement, Ripple mention that it had taken over the European exchange Bitstamp. The CEO of Ripple further confirmed that Ripple would expand into crypto-friendly markets through acquisitions in the future.



Source link

Accumulation Approaches case Increase resolution Ripple Whales XRP
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Texas Strategic Bitcoin Reserve Bill is progressing to definitive approval

2025-05-21

Ethereum’s latest movements: profitable versus accumulation

2025-05-20

Ripple – XRP spot ETFs can be ‘only a matter of time’

2025-05-20

XRP -Price will still gather here, crypto -veteran Raoul Pal predicts

2025-05-20
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Bitcoin Ordinals’ volume impresses despite these hurdles. Assessing…

2023-08-22

Bitcoin Attacks the $70K Zone: Is There a New BTC ATH on the Horizon?

2024-10-22

DJs Polo & Pan put a fresh spin on chess piece NFTs in Immortal Game

2023-05-15
Editors Picks

Vitalik’s new proposal for ‘multidimensional gas prices’

2024-05-13

Should Bitcoin investors consider stockpiling

2023-08-14

Watch IShowSpeed ​​accidentally buy a 6-figure Roblox NFT

2023-05-24

Peter Schiff on Bitcoin’s Recent Rally – Blames THIS ‘trend’ for BTC’s rise

2024-12-17
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

A 500K BTC -Dump is coming? The volatility of Bitcoin stands for a new test!

Cardano (ADA) in Focus: Can it break this barrier and recover Momentum?

Texas Strategic Bitcoin Reserve Bill is progressing to definitive approval

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$106,553.231.26%
  • ethereumEthereum(ETH)$2,555.410.91%
  • tetherTether USDt(USDT)$1.000.01%
  • rippleXRP(XRP)$2.35-0.12%
  • binancecoinBNB(BNB)$655.831.24%
  • solanaSolana(SOL)$168.930.73%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.2275501.86%
  • cardanoCardano(ADA)$0.752.70%
  • tronTRON(TRX)$0.271123-0.18%
  • suiSui(SUI)$3.85-0.57%
  • chainlinkChainlink(LINK)$15.88-0.56%
  • avalanche-2Avalanche(AVAX)$22.571.17%
  • stellarStellar(XLM)$0.2886271.84%
  • hyperliquidHyperliquid(HYPE)$26.31-0.64%
  • shiba-inuShiba Inu(SHIB)$0.0000150.65%
  • hedera-hashgraphHedera(HBAR)$0.1964630.62%
  • unus-sed-leoUNUS SED LEO(LEO)$8.801.08%
  • bitcoin-cashBitcoin Cash(BCH)$399.001.92%
  • the-open-networkToncoin(TON)$3.050.56%
  • polkadotPolkadot(DOT)$4.691.95%
  • litecoinLitecoin(LTC)$94.901.35%
  • moneroMonero(XMR)$363.473.96%
  • bitget-tokenBitget Token(BGB)$5.15-0.22%
  • pepePepe(PEPE)$0.0000143.32%
  • piPi(PI)$0.797.43%
  • daiDai(DAI)$1.000.00%
  • ethena-usdeEthena USDe(USDE)$1.000.02%
  • uniswapUniswap(UNI)$6.345.80%
  • aaveAave(AAVE)$259.98-1.97%
  • bittensorBittensor(TAO)$418.30-0.13%
  • nearNEAR Protocol(NEAR)$2.800.26%
  • aptosAptos(APT)$5.17-0.02%
  • okbOKB(OKB)$52.12-0.17%
  • ondo-financeOndo(ONDO)$0.950.87%
  • kaspaKaspa(KAS)$0.110238-0.07%
  • official-trumpOFFICIAL TRUMP(TRUMP)$14.2711.13%
  • internet-computerInternet Computer(ICP)$5.291.07%
  • ethereum-classicEthereum Classic(ETC)$18.490.39%
  • gatechain-tokenGateToken(GT)$21.590.58%
  • crypto-com-chainCronos(CRO)$0.096540-0.21%
  • mantleMantle(MNT)$0.741.86%
  • vechainVeChain(VET)$0.0284971.90%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.232178-0.33%
  • render-tokenRender(RENDER)$4.660.45%
  • ethenaEthena(ENA)$0.3875603.56%
  • usd1World Liberty Financial USD(USD1)$1.000.01%
  • algorandAlgorand(ALGO)$0.2253991.19%
  • arbitrumArbitrum(ARB)$0.3970611.27%
  • cosmosCosmos(ATOM)$4.932.71%
  • bitcoinBitcoin(BTC)$106,553.231.26%
  • ethereumEthereum(ETH)$2,555.410.91%
  • tetherTether USDt(USDT)$1.000.01%
  • rippleXRP(XRP)$2.35-0.12%
  • binancecoinBNB(BNB)$655.831.24%
  • solanaSolana(SOL)$168.930.73%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.2275501.86%
  • cardanoCardano(ADA)$0.752.70%
  • tronTRON(TRX)$0.271123-0.18%
  • suiSui(SUI)$3.85-0.57%
  • chainlinkChainlink(LINK)$15.88-0.56%
  • avalanche-2Avalanche(AVAX)$22.571.17%
  • stellarStellar(XLM)$0.2886271.84%
  • hyperliquidHyperliquid(HYPE)$26.31-0.64%
  • shiba-inuShiba Inu(SHIB)$0.0000150.65%
  • hedera-hashgraphHedera(HBAR)$0.1964630.62%
  • unus-sed-leoUNUS SED LEO(LEO)$8.801.08%
  • bitcoin-cashBitcoin Cash(BCH)$399.001.92%
  • the-open-networkToncoin(TON)$3.050.56%
  • polkadotPolkadot(DOT)$4.691.95%
  • litecoinLitecoin(LTC)$94.901.35%
  • moneroMonero(XMR)$363.473.96%
  • bitget-tokenBitget Token(BGB)$5.15-0.22%
  • pepePepe(PEPE)$0.0000143.32%
  • piPi(PI)$0.797.43%
  • daiDai(DAI)$1.000.00%
  • ethena-usdeEthena USDe(USDE)$1.000.02%
  • uniswapUniswap(UNI)$6.345.80%
  • aaveAave(AAVE)$259.98-1.97%
  • bittensorBittensor(TAO)$418.30-0.13%
  • nearNEAR Protocol(NEAR)$2.800.26%
  • aptosAptos(APT)$5.17-0.02%
  • okbOKB(OKB)$52.12-0.17%
  • ondo-financeOndo(ONDO)$0.950.87%
  • kaspaKaspa(KAS)$0.110238-0.07%
  • official-trumpOFFICIAL TRUMP(TRUMP)$14.2711.13%
  • internet-computerInternet Computer(ICP)$5.291.07%
  • ethereum-classicEthereum Classic(ETC)$18.490.39%
  • gatechain-tokenGateToken(GT)$21.590.58%
  • crypto-com-chainCronos(CRO)$0.096540-0.21%
  • mantleMantle(MNT)$0.741.86%
  • vechainVeChain(VET)$0.0284971.90%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.232178-0.33%
  • render-tokenRender(RENDER)$4.660.45%
  • ethenaEthena(ENA)$0.3875603.56%
  • usd1World Liberty Financial USD(USD1)$1.000.01%
  • algorandAlgorand(ALGO)$0.2253991.19%
  • arbitrumArbitrum(ARB)$0.3970611.27%
  • cosmosCosmos(ATOM)$4.932.71%