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XRP price jumps 25% to $1.24 amid whale accumulation and rising market activity

Market News
20 Aug 2026
Tokenpost
View Source
Bullish
pluang ai news

XRP's price surged over 25% to an intraday high of $1.245 following months of steady accumulation by large holders, known as whales. This buying wave coincides with increased network activity and derivatives positioning, with XRP open interest on Binance reaching a two-month high. Institutional developments on the XRP Ledger, including new credit initiatives, may further boost demand and market momentum. The rally reflects growing confidence and stronger trading activity in XRP's ecosystem.

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