TLDR
- XRP price reclaimed $3 and now ranks 99th largest global asset with $180+ billion market cap
- Whale wallets accumulated 250 million XRP tokens worth $758 million during recent consolidation
- Critical resistance zone between $3.26-$3.29 contains over 1 billion XRP tokens
- Fed rate cut signals and XRP lawsuit dismissal drove recent price recovery
- Breakout above resistance could target $3.43, $3.65, and potentially $3.84
XRP price has surged back above the psychological $3 level, propelling the cryptocurrency into the ranks of the world’s top 100 largest assets by market capitalization. The token now holds the 99th position globally with a market cap exceeding $180 billion.

Currently trading at $3.03, XRP represents a slight 0.7% decline over 24 hours but maintains its position above the crucial $3 threshold. The cryptocurrency joins Bitcoin and Ethereum as the only digital assets featured in the prestigious top 100 global rankings.
The recent XRP price rally gained momentum following Federal Reserve Chair Jerome Powell’s Jackson Hole speech, where he hinted at potential rate cuts in September. Legal developments also provided tailwinds, with the U.S. Appeals Court approving dismissal of the longstanding XRP lawsuit after a joint motion from Ripple and the SEC.
Massive Whale Accumulation Signals Confidence
On-chain data reveals substantial buying activity from large XRP holders during the recent consolidation phase. Addresses controlling between 10 million and 100 million XRP tokens steadily increased their positions over eight days.

These whale wallets held approximately 7.51 billion XRP on August 16, expanding to 7.76 billion XRP by August 24. This accumulation represents roughly $758 million worth of tokens at current XRP price levels.
Such large-scale buying typically indicates institutional confidence and often precedes major price movements. The whale accumulation has helped absorb selling pressure but hasn’t yet provided enough momentum to break key resistance levels.
Critical Resistance Zone Holds Key to Next Rally
XRP price faces its strongest test at the $3.26-$3.29 resistance zone, where over 1.05 billion tokens were previously accumulated according to Cost Basis Distribution data. This area represents the heaviest concentration of supply overhead.
Every rally attempt since early August has failed to establish a decisive close above this zone. Technical analysis shows the 0.786 Fibonacci retracement aligning perfectly with the $3.29 level, confirming its importance as a breakout trigger.
XRP Price Prediction
If XRP price achieves a convincing breakout above $3.29, immediate targets appear at $3.43 and the previous all-time high of $3.65. A stronger rally could extend toward $3.84.
Historical patterns support this outlook, with similar whale accumulation phases in early August leading to rapid gains from $2.90 to $3.33. Recent price action shows renewed bullish momentum emerging for the first time in nine days.

Downside support remains anchored near $2.78 if current whale buying fails to sustain XRP price above $3. The token’s ranking among top global assets reflects growing institutional recognition and market maturity.