Altcoins News
By MikeT
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XRP has reached a new 7-week high, trading at $2.43 on July 10, 2025. This marks a 4.6% increase over the past 24 hours and a 6.
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One of the main reasons for this price surge is the growing number of XRP whale wallets. According to blockchain analytics platform Santiment, 2,742 wallets now hold over 1…
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This accumulation comes at a key time. Several XRP exchange-traded funds (ETFs) are awaiting approval from the U.S. Securities and Exchange Commission (SEC).
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Then, on July 21, Turtle Capital hopes to debut its 2X Long XRP Daily Target ETF, also pending SEC approval.
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These ETFs are significant because they offer a more secure and regulated way for investors to gain exposure to XRP, especially those who prefer not to buy crypto directly.
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But the ETF story doesn't end there. More than 10 spot XRP ETF applications are also under review, with an October deadline for the SEC to make its final decision.
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Beyond ETFs, the Ripple vs. SEC lawsuit remains another big factor for XRP. The crypto world is watching closely, hoping for a full dismissal of the SEC’s case.
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In the meantime, XRP’s technical outlook remains strong. Traders are watching key levels between $2.36 and $2.44.
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Despite the possibility of a short-term dip, the overall picture for XRP is optimistic. With XRP whale wallets continuing to grow, ETF approvals on the horizon, and a potential…
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In summary, XRP’s rise to $2.43 and the surge in whale accumulation come at a time when the crypto is poised for major changes.
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