XRP Breaks Higher as Whale Activity, New Wallets and RLUSD Growth Rise

• XRP Price rises as XRP whale activity, XRP new wallets count, and RLUSD growth helped the asset gain momentum.
• XRP records 1,917 $100K+ transactions alongside 3,647 new wallets during the latest price breakout.
• RLUSD and tokenized assets on XRPL reached around $4.26B in average value during Q2.

XRP price is witnessing heightened activity as its price has now jumped to hit $1.60 for the first time since February 4, 2026, after a prolonged period of dormancy. The jump arrived after February 2026, giving XRP rally narratives a new perspective. Per the latest data shared by Santiment, the token has been witnessing heightened whale activity and a rise in XRP new wallets, which have coincided with its renewed price momentum. How high can the XRP price truly surge in this process? Let’s find out.

Also Read: Bitcoin Wallet Moves $51M After 14 Years as FOMO Hits Highest Since 2024

XRP Whale Activity Rises With New Wallets

The rise in XRP whale activity has been a leading topic to consider, largely due to the current XRP price rally. Per Santiment, the XRP whale activity has surged, documenting 1,917 $100K-plus transactions. The platform has described this as one of the strongest periods of high-value XRP activity in roughly a month, giving the token a much-needed boost. However, these transactions alone do not confirm that whales were buying XRP.

In addition to this, the platform later shared that there has been a jump in the XRP new wallets count. Santiment recorded nearly 3,647 new wallets during this breakout period, coinciding with the XRP price momentum. This also suggests that the network participation is also increasing steadily, signalling the growing popularity of the asset.

Apart from this, the XRP Ledger activity has also been rising, especially around tokenized assets and stablecoins. CoinDesk later shared how the average value of tokenized assets and RLUSD on the network has hit $4.26B in the second quarter. This cumulative figure includes $3.72B in tokenized assets and $539M in average RLUSD balances on XRPL.

Also Read: Binance Invests $100M in Circle as US Probes Possible Iran Sanctions Violations

Institutional Access Is Expanding for XRP

Santiment later shared another update, adding how expanding institutional access is also a key development for XRP. Apart from the rise in new XRP wallets and RLUSD growth, XRP is also expanding its institutional access.

“Institutional access keeps expanding as well. Bitwise filed an updated XRP ETF registration with the SEC on September 18th, while XRP already appears across several exchange-traded products. Rising price, new wallets, whale activity, and expanding financial rails create a constructive setup if those trends persist.”

The platform gave an example of Bitwise XRP ETF registration and how other XRP ETFs are strengthening the XRP bull run case.

Long-Term XRP Price Narrative

According to Traders Union XRP Stats, the XRP price may hit around $4.88 by the end of 2030.

The token is then expected to encounter new lows but may then later pick up pace to reclaim its $4 mark. However, crypto markets are subjected to intense volatility; hence, user discretion becomes imperative before making any investment-related decisions.

Also Read: Michael Burry Bets on Copper as Supply Shortfall Could Hit From 2027