XRP News Today — Ripple Targets $6.50 as Whale Wallets Add Over $400M in 24 Hours

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XRP News Today — Ripple Targets $6.50 as Whale Wallets Add Over $400M in 24 Hours

XRP is back in the spotlight as whale wallets add more than $400 million worth of tokens in a single day. The rapid increase in accumulation has renewed hope for Ripples price outlook, with analysts now setting the next potential milestone at $6.50.

The renewed confidence in XRP comes as institutional investors start to reposition into what are viewed as more secure assets. Among the newer entrants, MAGACOIN FINANCE is gaining considerable attention for establishing credibility at early stages with transparency and verified blockchain security. Analysts believe the project can offer some huge returns because institutional capital is looking for trustworthy, growth-ready assets.

Whale Wallets Reach Record Numbers

Data from analytics firm Santiment shows wallets holding at least 10,000 XRP have reached an all-time high of about 317,500. This growth has taken place despite overall market volatility and appears to suggest that the big investors are using price weakness as an opportunity to expand holdings.

XRP recently fell to $2.25 before recovering to $2.38, reflecting consistent buying at lower levels. Market watchers say this trend is similar to earlier periods of accumulation preceding major upswings. The growing number of mid-tier to large-tier wallets reflects a growing belief in the long-term strength of XRP.

Futures Market Declines as Spot Buying Increases

While wallet accumulation is increasing, CoinGlass data shows XRP has gone down to $3.49 billion in open interest for XRP futures, the lowest point since June. Analysts influence this as traders move from leverage speculation to direct spot accumulation.

Source: CoinGlass

Lower open interest often leads to low short-term volatility and signals the exit of weak hands. It also permits a more stable base for price recovery. Many investors seem to be focused on holding but not short-term trading, which generally leads to a strong long-term market structure.

Ripples Strategy and $6.50 Target

Ripples continued plans for expansion are boosting market optimism. Reports state that the company is working on building a $1 billion Digital Asset Treasury (DAT) to manage XRP reserves and fund liquidity programs.

In addition, Ripple has spent around $3 billion in acquiring firms such as Metaco, Hidden Road, Rail, and GTreasury. These moves expand Ripples infrastructure in terms of cross-border settlements and enterprise finance. The continued growth of the company has led analysts to reaffirm the $6.50 target, as there is strong institutional participation and network fundamentals are improving.

Speculation surrounding an XRP-based ETF is also boosting sentiment. Market participants expect that a regulated investment vehicle may draw more exposure from institutions, further enhancing Ripples liquidity base.

Technical Picture Supports the Bullish View

On the charts, XRP has broken out of a long period of consolidation. At the time of writing, XRP traded at around $2.37 and is supported at $2.25-2.35 while facing resistance at $2.60-2.70.

Analyst Kamran Asghar noted that the pattern is “clean,” with a confirmed breakout and successful retest. A sustained move above $2.70 could clear the way for $2.80, matching historical resistance. If the momentum is continued, the next stage could be a further extension towards Ripples broader $6.50 target. So long as XRP remains above its key support, the short-term bias is heavily bullish.

Source: X

MAGACOIN FINANCE Builds Trust Through Verified Security

While established tokens attract institutional capital, MAGACOIN FINANCE is carving its space by focusing on transparency and blockchain integrity. The project recently completed a comprehensive HashEx audit, which confirmed that its smart contract is robust and free from vulnerabilities.

Analysts believe this verified security framework gives MAGACOIN FINANCE an edge as investors prioritize safety alongside returns. The projects emphasis on credibility and early-stage accountability has positioned it as a trusted alternative for funds seeking diversification into vetted, compliant assets.

In a climate where confidence is critical, MAGACOIN FINANCEs foundation in verified blockchain safety resonates with institutional expectations for reliability. This blend of transparency and potential growth continues to attract long-term interest during its formative stage.

Conclusion

Whale accumulation, Ripples strategic expansion, and strong network fundamentals have combined to give XRP renewed momentum. With institutional investors eyeing reliable exposure, the $6.50 target appears increasingly achievable if accumulation continues.

At the same time, projects like MAGACOIN FINANCE demonstrate how security and audit transparency are shaping investor choices in this new market phase. Together, they capture the story of a crypto sector where trust, data, and disciplined growth now drive the next wave of opportunity.