XRP price consolidates and maintains expectations of growth towards US$ 5

• XRP accumulates US$880 million in 30 days
• ETF expectations drive XRP’s rise
• XRP Price Hits $2,39 on Rising Volume

XRP saw a massive 7% increase to $2,39 before falling to $2,33. At the time of publication, the price of XRP was now trading at $2,37, down 1,5% in the last 24 hours.

The move comes amid a sequence of institutional inflows that totaled US$10,5 million last week, in addition to the strengthening of bullish sentiment among investors following the advancement of partnerships and speculation about a possible spot ETF in the United States.

On-chain data reveals that large wallets have been steadily accumulating XRP again since April, totaling over $880 million in purchases over the past 30 days. This has been accompanied by a significant increase in trading volume, which has surged by over 41% amid an 8% weekly gain.

The intensification of this movement also coincides with the recent adoption of XRP by the North American pharmaceutical company Wellgistics, which announced a US$50 million agreement to use the token in instant payments. The decision seeks to circumvent bank delays and signals yet another corporate adoption of the network.

Another factor that has been favoring XRP is the growing optimism regarding the possibility of a spot ETF. Analysts and bettors at Polymarket attribute an 85% chance of regulatory approval, a number that aligns with projections from traditional houses such as Bloomberg. If confirmed, the product would open the door to new capital flows into the sector.

The short-term outlook for XRP remains positive, especially given the growth in institutional inflows. However, for the altcoin to reach the $5 mark, it will need to overcome a key technical barrier: its previous all-time high, near $3,40. Analysts point out that this level represents a key resistance on the chart, and its breakout could pave the way for a new monthly high.

If the current accumulation rate continues, this breakout could occur in the coming weeks, reinforcing the bullish outlook for the market. The asset already exceeds US$138 billion in market value, reinforcing its role as one of the leading cryptocurrencies in terms of capitalization.