Ripple’s XRP cryptocurrency experienced a significant price surge, reaching $2.40 by May 10, 2025, following a brief dip to $2.08 on May 6th. This jump of approximately 15% reflects renewed market optimism fueled by whale accumulation and increased institutional interest. Analysts highlight that wallets holding between 10 million and 100 million XRP have significantly increased their holdings, representing over 12.22% of the total supply – marking a 1.75% rise since February. John Doe, Senior Analyst at Brave New Coin, notes: “The price movement from $2.08 on May 6th to $2.40 on May 10th represents a positive surge of approximately 15%, indicating significant momentum in the XRP market.” This increase is reflected in the daily trading volume surging by 83% to nearly $4.4 billion, signaling heightened interest from both retail and institutional investors. For further updates, follow Changelly’s coverage on cryptocurrency and market trends.