XRP is on the brink of making history as it approaches its highest monthly close ever. With a staggering 36.79% gain in July 2025, the token is demonstrating unprecedented momentum. Could this be the start of a major bull run? Let’s dive into the details.
XRP News: A Historic Monthly Close in Sight
XRP is trading at $3.0599, just above its previous record of $3.0354 set in January 2025. A close above this level would mark a historic milestone for the token. Analysts are calling this a defining moment, as XRP has shown consistent strength throughout 2025.
XRP Price Surge: Breaking Multi-Year Resistance
July 2025 saw XRP break through a critical resistance level that had held since early 2018. This breakout mirrors the 2017 rally, suggesting deeper structural significance. Key highlights include:
- All-time high of $3.65 in July
- Second-highest weekly close
- 16 consecutive days above $3
XRP Gains: Whale Activity and Market Sentiment
Over 70 million XRP tokens moved out of dormant wallets in July, signaling accumulation by large holders. Coinbase’s Q2 2025 report also revealed XRP outperforming Ethereum in revenue generation. These factors underscore the token’s growing dominance.
What’s Next for XRP?
Analysts are eyeing key psychological levels at $3.50 and the all-time high of $3.65. With Ripple set to unlock 1 billion XRP tokens, market impact is expected to be minimal given the token’s strong fundamentals. The crypto community is watching closely to see if this momentum will continue into August.
FAQs
What is XRP’s current price target?
Analysts are targeting $3.50 and the all-time high of $3.65 as the next key levels.
Why is XRP gaining so much attention?
XRP’s breakout from multi-year resistance and strong July performance have fueled bullish sentiment.
How does whale activity affect XRP’s price?
Large token movements often indicate accumulation, which can drive prices higher.
What is Ripple’s monthly token unlock?
Ripple releases 1 billion XRP monthly, but this has minimal impact due to strong market fundamentals.
