• Two massive whale transfers totalling 370 million XRP spark market curiosity.
• XRP would want to hit a $500 billion market cap to qualify by 2026.
• Proposal suggests XRP-backed US bonds may deliver new utility.

XRP has seen a dramatic upswing, leaping to $2.21 as every day buying and selling quantity surged over 100% to $4.69 billion.

This rally, pushed by heightened whale exercise and rising authorized momentum, positions XRP as a possible contender for state-level digital asset reserves.

Supply: CoinMarketCap

Notably, a legislative proposal in New Hampshire—HB 302—may see XRP added to the state’s official digital reserve if its market cap reaches $500 billion by 2026.

With renewed investor curiosity and hypothesis round institutional adoption, XRP’s bullish trajectory is being carefully monitored by merchants, analysts, and policymakers.

The token can be drawing consideration from authorized and monetary commentators as discussions proceed round integrating digital property with authorities monetary infrastructure.

As technical indicators level upward and new use circumstances emerge, XRP seems to be aligning itself with the following section of mainstream cryptocurrency adoption.

Massive pockets transfers and state-level recognition may considerably speed up XRP’s path to larger valuations.

Whale strikes spark hypothesis

Two substantial XRP transfers—one involving 70 million tokens and one other 300 million—had been just lately made to unidentified wallets, fueling hypothesis that institutional buyers or long-term holders could also be positioning for potential price appreciation.

On-chain information exhibits that XRP whales have change into extra lively since Might started.

The rise in massive transfers coincides with an increase in every day buying and selling quantity, which spiked over 100% to achieve $4.69 billion.

This wave of shopping for strain has helped XRP break by means of key technical ranges and keep upward momentum.

Reserve invoice fuels long-term optimism

New Hampshire’s HB 302 Invoice proposes making a state-managed digital asset reserve.

Beneath the present draft, solely cryptocurrencies with a market capitalisation of at the least $500 billion might be added to the reserve by 2026.

Bitcoin meets the brink right now, however analysts consider XRP may additionally qualify if it sustains its market progress.

At present, XRP holds a market cap of about $125 billion.

Authorized analysts, together with Fred Rispoli, recommend XRP may meet the requirement within the subsequent two years if present momentum continues.

If that occurs, XRP would acquire legitimacy as a strategic digital asset for state-level monetary planning.

Value targets up to $8.50

Technical analysts stay bullish on XRP’s close to and mid-term price motion.

Crypto analyst Darkish Defender has recognized $3 as a short-term goal, with medium-term ranges at $4.40 and $6.30.

The optimism is underpinned by larger lows forming on the hourly chart, a MACD bullish crossover, and an RSI studying of 64.60.

XRP can be buying and selling above key Exponential Shifting Averages, which usually point out sustained energy in an uptrend.