XRP Whales Make Waves With $30M Accumulation as Token Rebounds to $2.88 XRP is once again commanding attention in the crypto markets after a wave of whale activity sparked renewed confidence in the digital asset. According to market analyst Paul Bennett, large investors scooped up a staggering 30 million XRP tokens in the past 24 hours, fueling a notable rebound in price and market sentiment. At press time, XRP is trading at $2.88, staging a comeback that has quickly caught the eye of both retail and institutional market participants. Alongside the whale accumulation, trading volume surged 18% to $7.53 billion, underscoring growing conviction that XRP may be preparing for its next major move. Whale activity, large transactions from high-value wallets, is a key market signal, often hinting at shifts in direction. When whales accumulate rather than sell, it reinforces bullish momentum and suggests confidence in higher prices ahead. According to Bennett, this aggressive XRP buying reflects renewed faith in its long-term potential and may show whales positioning early for upcoming adoption catalysts. XRP’s resurgence comes at a critical juncture. After weeks of consolidation and trader uncertainty, fresh liquidity has injected new momentum. The analyst notes that a break above the $3.00 resistance could pave the way for a run toward previous highs, especially as XRP sees accelerating adoption across payment networks and liquidity platforms. CFTC Launches Tokenized Collateral and Stablecoins Initiative with Ripple, Circle, Tether, and Crypto.com Caroline D. Pham, acting chairman of the U.S. Commodity Futures Trading Commission (CFTC), is making waves with a bold initiative aimed at reshaping the U.S. financial landscape. Taking on X, formerly Twitter, Pham announced the launch of a new tokenized collateral and stablecoins program in partnership with some of the biggest players in crypto and fintech like Circle, Crypto.com, Tether, and Ripple. The CFTC, an independent federal agency charged with overseeing the $600 trillion U.S. derivatives market, is positioning tokenization as a “killer app” for modern finance. Pham described the initiative as a direct move to lower costs, boost efficiency, and unlock new avenues of economic growth by making dollars “work smarter and go further.” Tokenized collateral transforms traditional assets like cash and treasuries into blockchain-based digital instruments, while stablecoins, pegged to the U.S. dollar, enable instant, low-cost settlement. Together, they streamline capital flows, cut clearing and settlement friction, and reduce systemic risks tied to legacy infrastructure. The significance of partnering with established crypto leaders cannot be overstated. Circle, the issuer of USDC, and Tether, behind the world’s most traded stablecoin USDT, bring deep liquidity and market adoption. Ripple, long a pioneer in blockchain-based payments, and Crypto.com, with its global exchange presence, add institutional credibility and infrastructure scale. Conclusion By teaming up with Circle, Tether, Ripple, and Crypto.com, CFTC Chair Caroline Pham is signaling that the future of U.S. markets rests on tokenization and stablecoins. This initiative promises to cut costs, boost efficiency, and modernize financial infrastructure, reshaping how money flows through the economy. Meanwhile, XRP’s comeback is powered by whale accumulation, surging retail interest, and deepening liquidity. The $30 million scoop-up in 24 hours signals strong conviction from major players, while the $7.53 billion trading volume underscores a broad resurgence in market demand.
