XRP price saw month-long 420% rally the last time this metric turned green

INSUBCONTINENT EXCLUSIVE:
conviction.After peaking at an all-time high of $3.40 in January, XRP (XRP) has shown modest returns on investment over the past several
months
their lowest levels since August 2020, reflecting a decline in market participation.XRP weekly chart volume data
Source: Cointelegraph/TradingViewXRP whale activity hints at a breakout setupRecent data from CryptoQuant suggests that whale addresses
could be positioning themselves for an imminent breakout
Source: CryptoQuantThis renewed influx of whale capital hints at strengthening market sentiment
Additionally, a detailed examination of the chart indicates that the bullish trend in whale flows began in early August 2024, eventually
highs as early as Q4 2025.Wallet data highlights investor confidenceSupporting the bullish onchain development, futures trader Dom noted
significant activity in large XRP wallets
Specifically, wallets holding over 1 million XRP reached an all-time high of 2,850, while those with holdings exceeding 10,000 XRP increased
Source: XDespite several months of stagnating price action, this persistent growth in large-scale accumulation underscores robust long-term
investor confidence in XRP
Meanwhile, data analytics platform Santiment pointed out that XRP sentiment has reached a 17-day high, fueled by a stalled $50 million
settlement between Ripple and the SEC
This development contradicts the waning optimism surrounding Bitcoin (BTC) and Ether (ETH), which have seen reduced retail interest as the
crypto market moves sideways.Bitcoin, Ether and XRP crowd sentiment chart
Source: Santiment/XRelated: Unhedged spot Bitcoin ETF flows show BTC is now a macro assetSEC v
On June 26, District Judge Analisa Torres denied a motion seeking an indicative ruling, reiterating that private settlements cannot override
emphasized that if the parties wish to avoid the implications of the ruling, both must either withdraw their appeals and allow the judgment
to stand or challenge it through the formal appeals process.Related: 3 signs that XRP price will soon break out after 4-month
consolidationThis article does not contain investment advice or recommendations
Every investment and trading move involves risk, and readers should conduct their own research when making a decision.