XRP has grown significantly, with the number of wallets

📌 XRP has grown significantly, with the number of wallets containing more than 10,000 coins surpassing 300,000.

The conclusion of Ripples dispute with the SEC will be important for the XRP ecosystem, as the parties have already settled their differences. But the court has yet to approve the settlement agreement, after which the case can be considered closed. The denouement will bring clarity and could trigger a sharp jump in price. . Xrp

– The conclusion of Ripple’s dispute with the SEC will be important for the XRP ecosystem, as the parties have already settled their differences. But the court has yet to approve the settlement agreement, after which the case can be considered closed. The denouement will bring clarity and could trigger a sharp jump in price.

crypto analyst Ali Martinez confirmed the trend of hoarding by large holders. In a publication in X, he reported that wallets with 10-100 million XRP have acquired about 900 million XRP in the past month. Against this backdrop, traders are showing optimism towards the asset.

In another post, he said that 71.54% of traders on Binance futures with open XRP positions are bullish on the asset.

What’s next for the altcoin?

Crypto analyst Dark Defender at X discussed XRP’s price performance and future predictions. He noted resistance between $2.2 and $2.36 before the price dropped to $2.13. According to him, the altcoin is preparing to complete the correction and is in the final stage.

analyst predicts the upcoming upswing with five waves. According to his estimates, the first wave will bring XRP to $3, then the altcoin will reach $4.4 and $6.3 in the 3rd and 5th waves, respectively. A rise to $4.4 would be a new all-time high (ATH) for the token. Meanwhile, Dark Defender noted a support level at $1.88, which is worth watching.