A recent surge in XRP trading volume and price is being attributed to significant activity from institutional investors, known as whales. These whales have accumulated 120 million XRP tokens during a dip in the market, according to market expert Ali Martinez, who highlighted this as a substantial liquidity event with historical parallels. Ripple Labs has been celebrating recent licensing victories in New York and Texas, signaling compliance and trust for its cross-border payment solutions. 13.6 billion dollars worth of transactions were seen on exchanges as XRP prices surged from around $2.71 to highs near $3.18 before stabilizing. This growth is attributed to increased liquidity and the potential influx of institutional capital, following Ripple’s regulatory achievements.