According to glassnode, XRP is now trading above $2, marking a more than 300% increase from its base price before the sharp rally in November 2024. Early investors are realizing significant profits, with profit-taking activity reaching $68.8 million per day (7-day SMA) as of early June 2025. This heavy profit realization indicates intensified selling pressure, which may impact short-term price volatility and liquidity in the broader cryptocurrency market (source: glassnode, June 19, 2025).

According to WallStreetBulls, XRP has shown significant bullish momentum, leading to a price surge that traders should closely monitor for potential breakout opportunities. The recent rise is attributed to increased institutional interest and favorable market conditions. Traders are advised to watch support and resistance levels for optimal entry and exit points.