XRP Price: Peter Brandt Validates Rally, Teases More Uptrend

Legendary Trader Peter Brandt recently disclosed a chart pointing to a possible XRP price rally.

The post came as interest in XRP grew through rising wallet numbers and fresh ETF speculation.

Ripple’s ongoing legal case also added to market discussions surrounding the coin’s direction.

Chart Analysis from Peter Brandt Points to XRP Growth

Well-known trader Peter Brandt shared a chart analysis that suggested XRP price might be preparing for a significant move upward.

According to his post, the chart showed a price consolidation that could lead to a potential rally toward $9.63.

This is a level that would represent a sharp gain from where the digital currency currently stood.

Brandt did not reference any outside events in his analysis, focusing strictly on the price pattern itself.

It is essential to mention that his view was that the market had paused temporarily but could soon continue higher.

The idea was based on historical chart behavior rather than any news-related catalyst.

Still, on the price outlook, in a recent post on X, a similar viewpoint was shared by trader Javon Marks. He highlighted the same target level of $9.63.

He also pointed to signs that XRP might be on track for another leg up. His post helped reinforce the idea that multiple analysts were seeing similar signals.

On the data side, a notable increase in XRP wallet addresses added weight to the rally discussion.

In his latest social media post, Steph Is Crypto reported that the total number of wallets had grown by more than 800,000 since the start of the year.

While the number of active wallets had slightly decreased, the rise in overall holders suggested growing interest from new participants.

This combination of chart signals and wallet activity sparked fresh debate among investors.

It becomes more notable, especially across the X platform, where crypto news and speculation often move quickly.

ETF Talk Adds Fuel to the XRP Discussion

At the same time, XRP became the focus of renewed chatter around potential exchange-traded funds.

The recent market rally pushed XRP to $2.69, marking a 10% increase over a 24-hour period.

This price movement has helped spark discussion about whether large asset managers might be preparing to launch investment products linked to XRP.

Notably, BlackRock was among the names mentioned in the speculation, although no official filing had been confirmed.

The idea was that with legal questions slowly clearing, XRP might become a candidate for institutional exposure through regulated investment vehicles.

In a related move, Truth Social filed plans for a Crypto Blue Chip ETF, which included XRP among the assets it aimed to track.

Meanwhile, the DTCC listed the ProShares Ultra XRP ETF in its product database, pointing to expanding options around the altcoin.

Teucrium’s leveraged XRP product saw continued growth, reaching $160 million in assets.

Though its expense ratio was higher than average, investor demand appeared steady.

Analysts at JPMorgan also weighed in, suggesting that spot XRP ETFs could draw billions in new capital once launched.

Wallet Growth Highlights Rising Interest

Separate from trading and institutional speculation, XRP’s network activity showed signs of increasing adoption.

For example, CoinMarketCap data shows that the coin’s trading volume is currently at $9.04 billion, a profound increase of 80.75%.

Although active usage saw a slight drop, the overall trend pointed toward long-term holders coming into the space.

As of writing, XRP has a circulating supply of  59.06 billion, with a total supply of 99.98 billion units.

Now, when combined with technical outlooks and ETF rumors, the increase in wallets added to the story forming around XRP’s possible next move.

Brandt’s post, wallet growth, and the expanding ETF conversation together painted a picture of a market gaining momentum.