XRP Whale transactions emerge: large purchases boost sentiment, Ripple CEO predicts $10 trillion market capitalization

Today (September 29), XRP experienced a significant price boost, with a massive transaction worth approximately $48.9 million—involving 17,555,420 XRP—executed on the XRP Ledger via CEX. This massive buying activity highlights the growing interest from institutions in XRP, indicating that large investors may be positioning themselves ahead of potential market fluctuations. According to blockchain tracking data, this whale transaction occurred at 07:44:41 UTC, and despite recent prices showing sideways movement, it still conveys confidence in the digital asset.

XRP Price Today Analysis: Consolidation and Historical Reference

The price of XRP has been consolidating around $2.80, reflecting a pattern similar to its movements at the end of 2024.

· Historical reference: Historical data from Yahoo Finance shows that XRP experienced approximately a 20% price rise during its consolidation period at the end of 2024, providing traders with a potential "roadmap."

· Technical key levels: TradingView analysts point out that XRP recently broke below $2.82, and momentum indicators such as the Relative Strength Index (RSI) and the 200-day Simple Moving Average (SMA200) are currently favorable for sellers.

· Short-term bullish signal: A recovery of the price above $2.85 is considered key to maintaining bullish momentum in the short term.

Ripple CEO Envisions Long-term rise: Targeting $10 trillion Market Cap

Ripple Labs CEO Brad Garlinghouse made a bold prediction during a recent discussion, estimating that the market capitalization of XRP could reach $10 trillion dollars by 2030.

· Potential price projection: If this prediction comes true, based on the current circulating supply, the price of XRP could reach approximately $100 per coin.

· Growth Drivers: Garlinghouse emphasized Ripple's ongoing efforts in Central Bank Digital Currencies (CBDCs) and the partnerships established with major financial institutions, viewing them as potential growth drivers.

· Market Warning: Although these predictions are ambitious and highly speculative, they highlight the crypto community's long-term optimism for XRP.

Market Background, Risks, and Bullish Catalysts

The current market cap of XRP is approximately $166.8 billion, with the price hovering around $2.80.

Market risks and warnings

Regulatory uncertainty and market fluctuation remain important factors affecting the price trajectory of XRP. Investors should approach the grand prediction of a $10 trillion market value with caution.

Although Whale activity and institutional interest usually indicate a bullish sentiment, experts warn that these positive signals do not completely eliminate the aforementioned risks.

Long-term Value Foundation

Cryptocurrency analysts continue to closely monitor XRP due to its potential role in cross-border payments and blockchain-based financial systems, factors that may contribute to its long-term value rise.

price prediction and upcoming catalysts

Short-term price prediction: Short-term XRP price forecasts indicate that a breakout above $2.85 may attract further buying interest.

Important time window: Market observers are closely monitoring regulatory developments related to XRP, including the latest progress in the SEC lawsuit and potential ETF approvals, which could have a significant impact on XRP's price today and in the coming months.

Historical Trends: Analysts believe that October to November 2025 could be a key period. If the current consolidation pattern resolves in a favorable direction, historical trends suggest a possible bullish momentum.

Conclusion

The recent execution of a massive transaction of 17.5 million XRP through CEX has injected a noticeable sense of optimism into the XRP market, strongly supporting Brad Garlinghouse's grand vision of its potential trillion-dollar market cap. From a technical perspective, the XRP price is currently in a critical consolidation phase, with a breakout above $2.85 being key to regaining short-term momentum. As the potential approval of an XRP ETF and the SEC lawsuit enter a critical stage, positive fundamental developments combined with the entry of whales are building a strong bullish foundation at the macro narrative level.

Considering the long-term optimistic predictions of the Ripple CEO and the massive influx of funds, do you think the upcoming regulatory and ETF catalysts will be enough for XRP to replicate or even surpass its rise at the end of 2024 by the end of 2025?