Ripple’s XRP got a major validation boost when US President Donald Trump included it in the US Strategic Crypto Reserve. This has led whales to turn their attention to XRP, along with the altcoins (Ethereum, Solana, and Cardano) named in the reserve.
A trend of accumulation is finally forming among Ripple whales after a series of pumps and dumps in recent weeks.
Ripple is the only digital asset among the top 10 cryptos that has been able to print green indexes on all the shorter or longer-frame metrics. XRP price jumped by 6% in the last 24 hours as the entire crypto market resumed the recovery rally after going through the recent crash due to the intensified trade wars.
XRP addresses skyrocket to 462K
As per the data shared by Ali Martinez in an X post, the number of active addresses skyrocketed by 620% over the past week, jumping from 74,589 to 462,650. He added that more than $5.3 billion worth of XRP got transferred in the past 24 hours. Crypto whales alone bought around 1 billion tokens in the last 2 days.
This sudden surge in active addresses came when Trump mentioned Ripple in his January executive order on digital assets. XRP price jumped by almost 10% in the last 7 days, outperforming many top cryptos. The token is still up by 21% on YTD, trading at an average price of $2.51 as of press time. Meanwhile, its 24-hour trading volume dropped by 24% to stand at $9.67 billion.
Whale activity had been on a decline by 50% in the past three months. It suggested that whales are moving out the big money. In December 2024, data shows that there were 202,250 active whale addresses. This number shrunk to 101,160 in February 2025. The biggest exodus began when XRP attempted to hit its peak on December 2.
$XRP network activity has declined by 50%, dropping from 202,250 active addresses in December to just 101,169 today! pic.twitter.com/UWJDVDtram
— Ali (@ali_charts) February 27, 2025
Ali had pointed this out as a cooling phase in the demand for Ripple’s network for payments and remittances. Transaction volume also showed a similar story.
Ripple’s $45M lobby play
Ripple Labs isn’t just building tech but is also involved in framing policies in the United States. The blockchain company is facing legal complications from the US Securities and Exchange Commission (SEC). It spent years in a legal battle with the SEC over whether XRP was an unregistered security. The company mostly won, but the SEC still claimed a partial victory.
Back in January, Ripple CEO Brad Garlinghouse posted a photo with Trump. He stated that they had a “Great dinner.” Now, XRP is officially in the US Strategic Crypto Reserve. The blockchain company reportedly dropped $45 million into a crypto lobbying group to influence US elections in favor of pro-crypto regulations.
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