Ripple whales have once again made headlines with their hefty purchases. This comes amidst positive market developments boosting traders’ confidence and aiding XRP price recovery. Former Ripple executive also shared good news for the XRP community enhancing investor sentiment. Notably, Ripple whales have bought 120 million XRP. Additionally, Ripple obtaining money transfer licenses in New York and Texas has further uplifted market sentiments, indicating positive changes in US regulatory policies under the Trump administration supporting digital currencies. Former Ripple executive, Shawn MacBride, hinted at upcoming good news for the XRP community generating much speculation. MacBride teased about positive news to be announced during the ‘Ripple Community Day’ which promises to bring joy to all. While MacBride didn’t disclose details, he remains optimistic about XRP’s future. With these factors in play, Ripple appears poised for a strong rally in the coming days. At the time of writing, Ripple is trading at $3.08, showing a 10% growth from the previous day. CoinGlass platform data indicates a 9% increase in Ripple futures open interest, reflecting prevailing positive market sentiment. Noted analyst, Dark Defender, has predicted XRP’s next price target at $3.62.
