XRP stole the spotlight when an interesting development emerged, even though crypto market sentiment is still weak and in a ‘fear’ phase.
At the time of writing, the price of XRP is at $1.7942 and has risen 0.27% since it opened early Friday trading in the Asian session.
Data from analytics platform Santiment shows that the number of XRP wallets holding more than 1 million tokens is now increasing again.
This is a sign that is considered positive for the long term.
Since the beginning of 2026, a total of 42 large wallets have returned to accumulating XRP, even though the asset’s price has fallen by around 4%.
This phenomenon is often associated with the strategy of big investors who tend to buy during weak markets, in preparation for the future.
More interestingly, Nansen data also shows that buying activity by ‘smart money’ groups has increased by more than 11% in a 30-day period, reflecting the confidence of experienced investors in the potential of XRP.
However, analysts’ views are still divided.
Some expect XRP to potentially break through the resistance level and surge to around $2.30, while others warn that price action is still too dependent on sentiment and regulatory developments in the United States.
Meanwhile, the overall crypto market remains dominated by Bitcoin, with the Altcoin Season and Fear & Greed indices showing investors remaining cautious.
While XRP is yet to show a major surge in the near future, increased accumulation by big players signals that its long-term foundation may be building.
