XRP Price Climbs Above $3: Whales Buying, Institutional Backing Fuels Market Surge

XRP price surged past the $3 mark on Tuesday, bolstered by strong whale buying activity and a surge in institutional interest. A recent increase in trading volume fueled this momentum, highlighting growing market confidence. This price action comes after VivoPower secured a significant $19 million funding round to expand its XRP treasury, further signaling institutional backing for the token. 250 million XRP tokens worth over $742.5 million were acquired by whales in recent days, indicating substantial bullish sentiment.