Whale wallets on the XRP Ledger just hit an all-time high, Ripple’s spot ETF inflows are accelerating, and the $2.00 target analysts have been watching is no longer a distant conversation. XRP price is pressing up against resistance that has capped every rally since February, but the demand structure beneath it looks different this time.
Ripple coin hasn’t broken out yet, as the $1.55 level still holds that answer, but the conditions building beneath it are the kind that precede a move.
XRP ETF Flows and Whale Wallets Both Hit Records
The five US-listed spot XRP ETFs pulled in $25.8 million in net inflows on May 11 alone, the highest single-day inflow since January 5, when it recorded $46.10 million. This capped a week that already drew $34.21 million in the prior period, among the strongest rolling seven-day prints since these vehicles launched.
Cumulative AUM has reached $1.36 billion, and Spot XRP ETFs now account for 1.3% of the coin’s total market capitalization, a new all-time high for that ratio.
Santiment’s on-chain data firms up the picture from the holder side. The XRP Ledger has reached an all-time high of 332,230 wallets holding at least 10,000 XRP, a trend that has continued uninterrupted since June 2024.
A drop of more than 4,500 of those wallets between February 6 and 8, closely tied to the crypto-wide crash and liquidation cascade on February 5, has since been fully recovered and exceeded.
Aggregated open interest sits at approximately $1.088 billion, well off the July 2025 cycle peak near $3.5 billion. Derivatives exposure compressed sharply alongside price into early 2026, reaching lows near $950 million before beginning a modest rebuild, a sequence more consistent with exhausted selling than with active distribution.
XRP Price Coils at $1.55 With $2 in Sight
Sjuul of AltCryptoGems flagged on May 12 that Ripple’s XRP price has been lagging the broader altcoin rotation, but described the current price position, which is pressing repeatedly against horizontal resistance, as a setup warranting attention as a potential next mover.
The TradingView ADR reading of 0.04137 puts a number on what that resistance test looks like structurally. Volatility this compressed tends to resolve directionally and quickly; the current base has been forming since the February lows, supported by repeated wick absorptions at the $1.30 structural floor, which confirms active buyer participation at that level. It’s the line the bullish case depends on, and a close below $1.30 breaks the accumulation thesis and opens a path toward $1.15.
Meanwhile, the resistance cluster sitting between $1.45 and $1.55 is where XRP price is currently losing and reclaiming ground on each approach, without forcing a clean daily close above the upper end. That $1.55 level is the breakout threshold the current setup identifies as decisive.
A confirmed close above it, on volume, would end the range and open the path to $1.80 as the first objective, with $2.00 as the secondary target. XRP price prediction at that structure hinges entirely on whether Ripple coin’s accumulation base, now supported by record ETF inflows, an on-chain wallet ATH, and a derivatives market rebuilding from exhaustion, produces a close above resistance that sticks.
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