XRP has witnessed notable gains in the last 24 hours amid renewed upside momentum in the broader crypto market.
Large investors, often regarded as whales, have been accumulating significant amounts of XRP, reflecting their confidence in the altcoin's long-term potential.
Whale wallet addresses holding at least 1 million XRP have shown a massive buying spree, indicating high demand among high-net-worth investors.
The recent surge in XRP's price can be attributed to Ripple's victory over the US SEC, with the regulatory issues coming to an end.