XRP Whales Fuel Price Rally to $1.30 Amid Analyst Predictions of $10 Surge

XRP's price has surged to $1.30 after gaining 30% from its recent low, leaving analysts wondering what's driving this rally.

Data shared by Vincent Van Code on X indicates that 53% of all sizeable buy orders for XRP come from large players, followed by 35% from medium traders, and just 12% from small investors.

This suggests that whales are behind the recent price explosion, with large players accumulating over 300 million tokens in 96 hours. The spot XRP ETFs were also in the green for three consecutive days, but their inflows remain modest compared to last year's levels.

Analysts are now predicting a potential surge to $10 or higher, citing past price movements as evidence that anything is possible. Crypto Patel notes that people once believed reaching $3 was impossible, yet XRP did it in just a year.