XRP gained 3.51% over the past 24 hours, reaching around $1.43 as demand across the broader crypto market improved.
The total cryptocurrency market capitalization also climbed 1.5% to approximately $2.79 trillion. Bitcoin remained near $81,000, while Ethereum moved toward $2,600, adding to the broader market recovery.
XRP has followed that momentum, with both network activity and whale movements showing increased activity this week.
XRP Ledger Transactions Increase
Data from XRPScan shows that the XRP Ledger processed roughly 2.34 million transactions over the past 24 hours, representing an 8.9% increase from the previous day.
The rise points to greater activity across the network, whether through token transfers or interaction with applications built on the XRP Ledger. However, maintaining this level of activity over a longer period would be important for confirming a sustained increase in network usage.
Whale Activity Adds to Market Interest
Large XRP holders accumulated around 1.54 billion XRP within 96 hours, with the holdings valued at roughly $2.2 billion at the time.
That level of buying has increased speculation around further upside if broader market conditions remain supportive.
$2 BILLION IN XRP BOUGHT BY WHALES
Whale activity on the XRP network has surged over the past 96 hours.
Large holders appear to have accumulated roughly 1.54 billion $XRP, worth around $2.2 billion.
That’s a significant accumulation spike that could soon translate into price… https://t.co/cBssFmv3wQ pic.twitter.com/Ty3ukakDvi
— Ali Charts (@alicharts) September 19, 2026
There is also a conflicting signal. Exchange data indicates that around 1.6 billion XRP flowed into Binance over the past 30 days, the highest level recorded since March 2026.
Large deposits to exchanges can precede trading or selling, while continued accumulation away from exchanges is generally viewed as a sign of stronger long-term conviction. As a result, whale activity currently offers signals in both directions.
XRP Derivatives Activity Picks Up
XRP derivatives trading volume increased 2.73% to approximately $5.13 billion, while open interest rose 8.12% to $3.24 billion.
The faster growth in open interest suggests traders are adding more outstanding positions rather than simply increasing short-term trading activity.
Higher derivatives exposure can amplify price moves in either direction. If XRP continues higher, leverage could add momentum, but it could also increase volatility if the market reverses.
Can XRP Reach $1.50?
On the four-hour chart, XRP remains inside an ascending channel after recovering from the $1.28 area.
The immediate resistance zone is around $1.45. A confirmed move above that level could put $1.50 in focus, while continued buying pressure could potentially take XRP toward $1.60.
The Relative Strength Index (RSI) is currently around 65, below the commonly watched 70 overbought level. This suggests momentum remains positive, although the distance from overbought territory is narrowing.
The Chaikin Money Flow (CMF) stands at 0.18, pointing to positive capital flows. If those inflows continue, XRP could get another attempt at the upper boundary of the channel.
On the downside, failure to clear $1.45 could send XRP back toward $1.40. A deeper correction could bring the $1.36 area into focus near the lower end of the channel.
For now, traders are watching whether network activity, whale behavior, and derivatives positioning can provide enough support for XRP to break through the $1.45 resistance.
