Saad Ullah
XRP is having its moment. After years of regulatory battles and sideways price action, Ripple's native token has suddenly burst back into the spotlight with a powerful rally that's caught even seasoned crypto watchers off guard. The latest milestone? XRP has pushed past the psychologically important $3 level while creating a rare situation where almost every single holder is sitting pretty with profits.
XRP Breaks $3 Barrier While 94% of Holders Cash In
XRP just hit a sweet spot that most cryptocurrencies dream of – nearly every holder is making money. Fresh data from Glassnode shows that 94% of XRP's circulating supply is now profitable as the price climbs above $3.
This isn't just a random number. When you look at XRP's history, these high profitability levels usually mean something big is happening. Back in 2017 and 2021, similar spikes coincided with major price moves – though what followed wasn't always pretty.
The Double-Edged Sword
Here's the thing about having 94% of investors in the green: it's both exciting and dangerous. On one hand, it shows XRP has real momentum. On the other hand, it means a lot of people might be tempted to hit the sell button and lock in their gains.
If XRP can hold above $3, we might see it push toward $3.50 or higher. But if profit-taking kicks in hard, don't be surprised to see some quick corrections. The crypto market has a funny way of humbling investors just when things look too good to be true.
Right now, XRP is walking a tightrope between continued gains and a potential pullback. The next few days will tell us which direction the market chooses.
Saad Ullah
