XRP Ledger Activity Rises! Is This a Sign of Bullish Momentum?

The XRP Ledger (XRPL) is experiencing a major resurgence, sending clear signals to both technical analysts and long-term believers in the asset. On July 18, 2025, XRPL registered over $1.4 billion in inter-account transfers, representing more than 1.5 billion XRP moved across 1.4 million transactions. 

This marks the largest single-day transaction volume since February 2025, positioning XRP as one of the most active large-cap crypto networks in the current market cycle.

This level of on-chain engagement indicates much more than routine token movement—it’s a sign of rising investor trust, increased capital rotation, and possible institutional positioning in anticipation of a broader bull market breakout.

XRP Price Closes in on 2018 Peak

Alongside the surge in XRPL activity, XRP’s price has rallied to $3.70, closing in on its historic 2018 peak of $3.84. This nearly 70% gain in just three weeks is not merely technical momentum, it’s being fueled by fundamental shifts in the market.

Several macro and structural catalysts are converging:

• The launch of ProShares Ultra XRP ETF, boosting institutional exposure

• A 41% surge in active wallet addresses

• Over $10B in derivatives open interest

• Reversal in address contraction, indicating renewed adoption

The intersection of rising ledger activity and a nearly full recovery to all-time highs suggests that XRP may be preparing for a major price discovery phase, especially if bullish momentum continues in Q3 and Q4.

Read Also: Ripple News Today After XRP Hits New All Time High: What's Next?

Whales Are Moving – Why It Matters

Among the more attention-grabbing developments is a large transaction involving Ripple co-founder Chris Larsen, who recently transferred $26 million worth of XRP to Coinbase. While such moves may initially seem bearish, they are more nuanced upon closer inspection.

Whale Transactions Can Signal Strategic Repositioning

Large transactions like these may indicate:

• Portfolio restructuring ahead of major announcements

• Liquidity preparation for OTC sales or swaps

• Movement into cold wallets or exchange-based trading desks

In tandem with this, whale wallet growth has hit record highs, suggesting accumulation rather than exit. XRP’s top holders are consolidating positions, often a precursor to major price moves in high-cap cryptocurrencies.

Read Also: XRP’s Futures Market is Booming! Why Do Traders Prefer It?

Why Ledger Activity Is a Bullish Indicator

On-chain metrics are the lifeblood of non-speculative crypto analysis. XRPL’s dramatic uptick in inter-account transfers isn’t a one-off, it’s part of a larger, measurable trend in market confidence.

What High Ledger Volume Tells Us

• Greater transactional throughput suggests stronger utility and ecosystem use.

• Decentralized network stress-testing under high load shows protocol resilience.

• Increased retail + institutional adoption often follows high user activity.

Importantly, this is happening in parallel with technical confirmation from price charts: XRP has broken out of a 7-month consolidation range, forming a textbook bull flag that projects upward targets beyond $5 and possibly as high as $17, based on historical extension patterns.

The Expanding Role of XRP in Real-World Finance

XRP is no longer just a speculative asset, it has evolved into a cross-border payment backbone for RippleNet and Ripple’s On-Demand Liquidity (ODL) services. These use cases contribute real transactional demand for XRP on the ledger.

XRPL’s consistent performance, sub-second transaction finality, low fees, and no mining-based congestion makes it ideal for financial institutions and remittance platforms.

With CBDC experimentation, tokenized asset pilots, and partnerships in LATAM, MENA, and APAC regions, XRP is building real-world use cases beyond the hype, which is exactly the kind of fundamental underpinning long-term investors want to see.

Read Also: Why XRP Is Soaring: Ripple’s Expansion, ETF Optimism & Price Outlook

Technical Indicators Remain Strong

From a trading standpoint, XRP continues to exhibit bullish signals:

• MACD remains in positive territory

• RSI sits near 68, high but not yet in overbought conditions

• ADX above 25, confirming trend strength

• Price comfortably above 50D and 200D moving averages

Coupled with bullish candlestick patterns, consistent volume, and increasing Google search trends, XRP is positioned well to ride both the technical and narrative wave into higher territory.

Read Also: XRP News: Will The Rally In Price Continue?

But What About the Risks?

Despite these bullish signals, traders and investors should stay realistic. There are several key risks to monitor:

1. Short-Term Profit Taking

After such a sharp rally, some investors may look to lock in gains, potentially creating micro pullbacks.

2. Regulatory Watch

Although Ripple scored major legal wins against the SEC, ongoing jurisdictional regulation in the U.S. and abroad could introduce headline-driven volatility.

3. Mixed Exchange Flows

While on-chain wallet data shows accumulation, centralized exchange inflows have been slightly elevated. This dual signal might indicate short-term trading rather than long-term holding, increasing the risk of sideways consolidation.

That said, these headwinds appear manageable in the broader picture. The underlying momentum, ecosystem developments, and user growth provide a strong foundation that mitigates downside risks.

Read Also: XRP Price Analysis: Is a Huge Correction Up Ahead?

Final Take

The recent explosion in XRP Ledger activity coupled with whale moves, surging prices, and bullish technical setups marks a powerful inflection point for XRP in 2025.

With its ecosystem maturing, institutional access expanding, and on-chain fundamentals strengthening, XRP is no longer simply “rebounding” it is reasserting its relevance in a new market cycle.

If these trends persist, XRP could not only reclaim its 2018 highs but enter a new phase of price discovery, anchored in real-world value and institutional adoption.

FAQ

Does a rise in XRPL activity always signal bullish momentum?

Not always, but in context with price, volume, and whale activity, a surge in XRPL transactions typically reflects growing trust and engagement.

What does Chris Larsen’s $26M transfer to Coinbase mean?

This large movement may suggest sell-side positioning but can also be strategic used for swaps, liquidity, or institutional positioning.

How does the ProShares XRP ETF affect XRP’s market?

It enhances institutional accessibility and legitimizes XRP as a tradable asset class, potentially boosting long-term demand.

Is the 41% rise in active addresses meaningful?

Yes. It's a leading indicator of adoption and network growth, especially when paired with strong price action and derivative interest.

Can XRP hit a new all-time high soon?

Given the current pace of activity and market sentiment, $3.84 could be surpassed, especially if macro tailwinds and technical trends align in Q3/Q4 2025.

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