VISI.NEWS | BANDUNG – After weeks of sideways trading, Ripple’s XRP is flashing strong bullish signals, pointing to a potential 15% breakout. A confluence of technical patterns, whale accumulation, surging derivatives activity, and optimism surrounding an XRP ETF has reignited enthusiasm among crypto traders and investors.

Surging Open Interest as Ripple Prepares for Senate Spotlight

One of the most telling indicators comes from the sharp rise in open interest on XRP derivatives. Over the past two weeks, open interest has surged from approximately $3.5 billion (Rp56.8 trillion) to nearly $5 billion (Rp81.2 trillion), signaling increased bullish positioning by traders.

The surge in activity precedes a key U.S. Senate hearing where Ripple CEO Brad Garlinghouse is scheduled to testify. His remarks are expected to significantly influence crypto market sentiment, especially if he advocates for regulatory clarity around digital assets like XRP.

Garlinghouse’s appearance underscores Ripple’s growing institutional stature and the potential for major regulatory developments. The crypto community is watching closely, aware that positive commentary could catalyze a substantial price rally.

ETF Buzz Ignites Investor Optimism

Speculation around the approval of an XRP-based Exchange-Traded Fund (ETF) is gaining traction. Prediction markets like Polymarket now show a 90% probability of approval before the end of 2025.

The optimism stems from Ripple’s recent legal victories and shifting sentiment in Washington toward crypto ETFs. Approval would open the door for institutional capital to flow into XRP, enhancing liquidity and potentially driving prices higher.

Analysts suggest that an ETF would serve as a regulatory endorsement of XRP’s legitimacy and utility, solidifying its role in bridging traditional finance with blockchain technology.

Whales Accumulate XRP as Confidence Grows

Large-scale investors, or “whales,” have been aggressively accumulating XRP, further reinforcing bullish expectations. Wallets holding between 100 million and 1 billion XRP have added nearly 1 billion tokens, while smaller whale wallets (100,000–1 million XRP) have accumulated another 30 million over the past two weeks.

This kind of behavior from sophisticated investors is typically seen as a precursor to major market moves. Their confidence hints at expected upside and places additional upward pressure on XRP’s price.

Ripple Pursues Banking License to Cement Financial Integration

Ripple is also reportedly seeking a banking license as part of a long-term plan to deepen integration with the traditional financial system. Such a move would significantly boost Ripple’s credibility, particularly among institutional investors.

A license would not only facilitate regulatory compliance but also enable strategic partnerships with major financial institutions. As XRP is integral to Ripple’s ecosystem, its adoption is likely to expand in tandem.

This strategic step could mark a pivotal moment in Ripple’s effort to bring blockchain-based solutions into the regulated financial world.

Ascending Triangle Signals 15% Upside Potential

Technically, XRP is forming an ascending triangle pattern, often seen as a precursor to bullish breakouts. A successful move above the resistance level of $2.29 (approximately Rp37,190) would open the door to a price target of $2.60 (Rp42,340)—a 15% increase.

Supporting indicators like the Relative Strength Index (RSI) and Average Directional Index (ADX) suggest that buying pressure remains strong, reinforcing the bullish case.

If XRP can break out with volume, technical and fundamental momentum could converge to fuel a near-term rally.

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