Market sentiment is currently bolstered by whale accumulation, robust XRP Ledger activity, and positive technical projections, helping XRP surge over 60% in the last month. Following a dip of more than 2% due to profit-taking, the token is changing hands near USD 1.50. Analysts are watching USD 1.60 as the critical threshold that will dictate whether the upward movement can push toward USD 2.
Experienced trader Peter Brandt recently published an XRP chart pointing to a longer-term objective of USD 5.40, a target that implies an approximate 260% increase from current values. However, Brandt did not offer a specific timeline for this milestone.
He also emphasized that sharing a chart does not equate to executing a trade, noting that his outlook is rooted in historical market cycles and chart patterns. Brandt continues to monitor XRP as ongoing network and market developments unfold.
XRP Price Targets Put USD 1.60 Breakout in Focus
Brandt’s USD 5.40 projection rests well above the current market valuation. In comparison, Standard Chartered maintains an even loftier long-term outlook, having reaffirmed its 2030 price target of USD 28 for XRP, though the bank simultaneously adjusted its 2026 forecast downward from USD 8 to USD 2.80. Institutional engagement persists across XRP Ledger features like payments, liquidity, tokenization, stablecoins, and decentralized finance.
Short-term technical analysts maintain their gaze on the USD 1.60 mark. Ali Martinez suggested that surpassing this barrier could open the door to a USD 2 target, highlighting an inverse head-and-shoulders pattern visible on the daily timeframe.
This configuration establishes a distinct technical boundary between the existing price and the next expected target.
Currently trading around USD 1.50, XRP sits underneath that vital resistance zone. The recent pullback coincided with profit-taking triggered after US President Donald Trump turned down Iran’s seven-day proposal aimed at reopening the Strait of Hormuz, though Trump anticipates discussions with Iran will resume this week.
XRP Whales Add More than 470 Million Tokens
Large-scale investors have scaled up their holdings throughout the ongoing rally. On-chain metrics highlighted by analysts, including Martinez, point to significant buying pressure from wallets holding between 1 million and 10 million XRP.
Within a span of five days, these addresses accumulated in excess of 470 million XRP, representing an estimated value of USD 724 million based on the provided data. Total balances within this cohort grew from roughly 12.37 billion to 12.80 billion XRP.
A previous wave of bullish price action also triggered heavy whale engagement, moving approximately 1.54 billion XRP into major wallets over a 96-hour window as participants monitored whether the asset could breach USD 1.60.
Concurrently, activity on the XRP Ledger picked up, with newly created accounts climbing 34% to reach roughly 3,200 over the past week, while active accounts registered at 17,800 during the same timeframe.
While these metrics highlight broader network participation, wallet accumulation and account growth reflect distinct activities and do not directly equate to immediate exchange buying pressure.
Also Read: Why XRP Price Moves with the Broader Crypto Market
XRP Ledger Stablecoins Approach USD 1.2 Billion
Over the examined 24-hour window, applications built on the XRP Ledger generated substantially higher revenue than the underlying base layer, with DefiLlama recording USD 49,494 in application revenue alongside USD 130,926 in total application fees.
Decentralized exchanges functioning on the XRPL handled roughly USD 4.38 million in trading volume during that same period, alongside 40,326 active addresses, though DefiLlama reported zero net inflows over the most recent 24 hours.
These metrics capture different segments of the broader ecosystem: chain revenue measures value derived from base-layer transaction fees, whereas application fees and revenues capture economic activity generated by applications deployed on the XRPL.
Stablecoins make up a significantly larger portion of the ecosystem by valuation. DefiLlama pegs the XRP Ledger stablecoin market cap at nearly USD 1.191 billion, pointing to RLUSD as the native stablecoin of the network.
Additionally, the XRPL held roughly USD 44.63 million in total value locked across its decentralized finance applications, with active real-world assets under management totaling USD 20.88 million.
Consequently, stablecoin capitalization stands at more than 26 times the value locked within XRPL DeFi protocols. Nevertheless, stablecoin metrics, DeFi TVL, and RWA assets all gauge separate types of engagement.
Ultimately, XRP’s monthly surge of over 60% is underpinned by whale accumulation, heightened ledger activity, and upbeat analyst projections. While market participants keep a close watch on the USD 1.60 barrier, long-term forecasts span from Brandt’s USD 5.40 target all the way to Standard Chartered’s USD 28 prediction for 2030.
