XRP Surges as "Whales" Accumulate, Wallets Holding Over 10,000 Tokens Hit Record High

XRP is demonstrating robust signs of recovery, with its price climbing over 5% in the last 48 hours. This uptick is supported by a significant surge in investor confidence, highlighted by on-chain analytics revealing a record number of large-scale XRP wallets. Simultaneously, Ripple Labs' strategic acquisition of GTreasury signals a major institutional push, further bolstering the token's market position.

Investor Confidence Fuels Record Wallet Growth

On-chain data from Santiment indicates that the number of XRP wallets holding at least 10,000 tokens has reached an unprecedented 317,500. This milestone suggests that a growing segment of investors is accumulating XRP for long-term gains, rather than reacting to short-term price fluctuations. The consistent upward trend in this metric throughout 2025 underscores a sustained belief in XRP's future value, with many capitalizing on recent dips to strengthen their positions. Analysts suggest that if this bullish sentiment translates into consistent buying pressure, XRP could target $2.8 by week's end, currently hovering around $2.35.

Ripple's Strategic Acquisition Expands Ecosystem

Adding to XRP's positive momentum, its parent company, Ripple Labs, recently completed a $1 billion acquisition of GTreasury. This deal marks Ripple's third-largest in 2025 and integrates GTreasury's comprehensive treasury-management software into Ripple's infrastructure. GTreasury, which boasts over 1,000 corporate clients across 160 countries, will significantly expand Ripple's access to the multi-trillion-dollar corporate treasury market and large enterprise clients. Furthermore, reports indicate Ripple is planning to raise an additional $1 billion to develop its own XRP treasury, positioning the cryptocurrency for deeper institutional adoption and enhanced utility within global finance.