XRP – Whales, institutions, and why a new ATH could be next for the altcoin
The post XRP – Whales, institutions, and why a new ATH could be next for the altcoin appeared on BitcoinEthereumNews.com.
Utility and growth are the key focus areas for many cryptocurrency investors, with high-utility coins leading the charge. Despite a significant price drop of over 45% in early February 2026, XRP, known for its strong utility, attracted attention from institutional investors. This market weakness became an opportunity for heavyweights to step in, leaving retail traders behind. The question now remains – Was this just a temporary blip, or does XRP have the staying power to thrive in the corporate world? Institutional confidence boosts XRP reserves By early February 2026, eight major corporations had committed $2 billion to XRP reserves. Evernorth Holdings led with $1 billion, followed by Trident Digital Tech with $500 million and Webus International with $300 million. VivoPower International committed $100 million and other investors included Wellgistics Health, Nature’s Miracle Holding, Gumi Inc., and Hyperscale Data. Source: X These corporations are not focused on short-term price movements, but on long-term strategic positioning and utility. Corporate adoption is no longer a “maybe” anymore. It’s a reality. Whale activity fuels XRP surge According to CryptoQuant, after XRP’s price dip to $1.2, whales swiftly took control. Source: CryptoQuant Retail orders seemed to be absent, while deep-pocketed players seized the opportunity – A sign of institutional confidence. This didn’t appear to be about quick pumps, but about long-term positioning. New XRP addresses soar XRP’s network activity surged too, with new addresses jumping by 51.5% in just 48 hours, according to Glassnode. Source: Glassnode This spike in user adoption marked a shift from retail hype to real utility, fueled by corporate interest and whale accumulation. The next headlines will confirm whether this momentum can be sustained or not. Surge in trading volume and growing influence Source: CoinGlass XRP’s trading volume has stayed strong though, with the same consistently above $9 billion since its…
Filed under: News - @ February 9, 2026 4:02 am