Although the growth slowed down in the second half of December, XRP has been showing an upward trend again since the beginning of 2025. Year-to-date (YTD), the price of the digital asset has increased by 55.41%, adding 35.31% on the weekly chart.
The latest phase of growth, which started on January 13, was driven by two factors: better-than-expected inflation metrics in the December Consumer Price Index (CPI) report and the filing of an appeal in the long-standing case against Ripple Labs initiated by the U.S. Securities and Exchange Commission (SEC), which is largely seen as ineffective.
Another positive aspect for XRP is the trust from whales. According to a well-known cryptocurrency researcher, addresses holding over 1,000,000 tokens have begun active purchases over the last 48 hours.
Whales Bought 100 Million XRP in the Last Two Days
Historically, cryptocurrency accumulation by whales has preceded bullish markets. Whales are typically experienced investors or institutions capable of conducting in-depth analysis. Furthermore, large players usually adopt a "buy and hold" strategy, creating a long-term supply shortage that often leads to price increases.
In the past two days, such addresses have accumulated 100 million XRP, as reported by renowned blockchain data analyst Ali Martinez in his post on platform X on January 20.