Recent analysis suggests XRP is experiencing its strongest sustained period of spot premium in history, indicating genuine demand behind the rally and away from speculative futures trading. This sustained strength contrasts with previous price surges driven by leveraged bets on futures markets. 350% gains since late 2024 are backed by real buying activity, not just speculation. 📈 Key indicators show a steady increase in addresses holding significant amounts of XRP (at least 10,000 tokens) – a clear sign of genuine buying interest, as seen in the Glassnode data. The upward trend is further validated by the growing number of whales accumulating positions, suggesting strategic investment rather than impulsive speculation. 💪