XRP Price: Whales Snap Up the Dip as Token Rallies 37% – What’s Next?

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TLDR

  • XRP rose 37% from $1.11 to $1.54 over approximately 18 hours on February 7, 2026
  • The XRP Ledger (XRPL) currently holds around $1.14 billion in tokenized commodities, ranking it second only to Ethereum
  • Digital Ascension Group CEO Jake Claver described XRP as “the most pristine collateral” for the emerging financial system
  • Whale activity surged, with nearly 1,400 transactions exceeding $100,000—marking the highest level in four months
  • XRP overtook BNB to become the fourth-largest cryptocurrency by market capitalization

XRP saw a steep recovery on February 7, 2026, leaping from a low of $1.11 to roughly $1.54 in around 18 hours. This jump equated to a 37% gain in under a day.

xrp price

The token had dropped to $1.11 amid broader market pressure, hitting its lowest level since prior to the late 2024 U.S. presidential election. XRP had shed more than 50% of its value from its January 6 peak of $2.40.

Santiment’s trading data revealed that whale wallets acted fast during the dip. Nearly 1,400 distinct transactions of over $100,000 took place during the recovery phase. This was the highest whale activity in four months.

The price jump pushed XRP past BNB in market cap, making it the fourth-largest cryptocurrency by market capitalization.

Digital Ascension Group CEO Jake Claver characterized XRP as foundational infrastructure instead of a speculative asset. On February 4, he noted that 99% of holders “have no clue” what they actually own. Claver referred to XRP as “the oxygen the new financial system will need to breathe.”

The XRP Ledger currently holds approximately $1.14 billion in tokenized commodities, including energy-linked tokens and diamonds. This figure ranks XRPL second only to Ethereum in tokenized commodity value.

Growing Institutional Interest

Ripple’s roadmap features tools tailored for regulated financial institutions. Permissioned domains and integrated KYC credentials are in development to enable banks and funds to operate on the ledger.

Plans for a permissioned decentralized exchange (DEX), confidential transfers, and improved escrow controls are underway. These tools are intended to make XRPL more accessible to traditional finance firms.

Some institutional participants are gearing up to invest capital on XRPL to earn yield and boost liquidity. Early testing of lending features and on-chain credit products is in progress.

XRPL network activity rose during the price recovery. Santiment analysts cited overall network stability and rising transaction volume as drivers of the rally.

Market Performance

After hitting $1.54, XRP encountered resistance and pulled back slightly. The token currently trades at around $1.39. Even with the minor retreat, it remains up more than 25% from its recent low.

Trading volume grew during the recovery phase. Data indicates increased interest from both retail and institutional participants.

Preliminary data from SoSoValue indicated small net inflows into XRP exchange-traded products (ETFs), though official confirmation was pending at the time of writing. These ETF flows will offer further insight into institutional positioning.

XRP’s relative strength index (RSI) had dropped to oversold levels before the recovery started. Technical analysts identified this as a possible signal for a rebound.

The token’s price movement took place amid global market volatility. Macro factors continue to impact short-term price fluctuations across all cryptocurrency markets.

XRP is currently trading at roughly $1.39 following its recent 37% surge from the $1.11 low on February 7, 2026.