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

08-Feb-2026 CoinCentral

TLDR

  • XRP climbed 37% from $1.11 to $1.54 in roughly 18 hours on February 7, 2026
  • The XRPL now hosts approximately $1.14 billion in tokenized commodities, placing it second behind Ethereum
  • Digital Ascension Group CEO Jake Claver called XRP “the most pristine collateral” for the new financial system
  • Whale activity spiked with nearly 1,400 transactions over $100,000, the highest level in four months
  • XRP moved past BNB to become the fourth-largest cryptocurrency by market cap

XRP experienced a sharp recovery on February 7, 2026, jumping from a low of $1.11 to approximately $1.54 in about 18 hours. The move represented a 37% increase in less than a day.

xrp price
XRP Price

The token had fallen to $1.11 during broader market stress, marking its lowest point since before the US presidential election in late 2024. XRP had lost over 50% of its value from its January 6 peak of $2.40.

Trading data from Santiment showed that whale wallets moved quickly during the dip. Nearly 1,400 separate transactions over $100,000 occurred during the recovery period. This marked the highest whale activity in four months.

The price surge pushed XRP above BNB in market capitalization. XRP now ranks as the fourth-largest cryptocurrency by market cap.

Jake Claver, CEO of Digital Ascension Group, described XRP as foundational infrastructure rather than a speculative asset. He stated on February 4 that 99% of holders “have no clue” what they own. Claver called XRP “the oxygen the new financial system will need to breathe.”

The XRP Ledger now hosts roughly $1.14 billion in tokenized commodities. This includes energy-linked tokens and diamonds. The figure places XRPL second only to Ethereum in tokenized commodity value.

Growing Institutional Interest

Ripple’s roadmap includes features designed for regulated financial institutions. Permissioned domains and built-in KYC credentials are being developed to allow banks and funds to operate on the ledger.

Plans for a permissioned DEX, confidential transfers, and enhanced escrow controls are in development. These tools aim to make XRPL more accessible for traditional finance firms.

Some institutional participants are preparing to deploy capital on XRPL to generate yield and increase liquidity. Early testing of lending features and on-chain credit products is underway.

Network activity on the XRPL increased during the price recovery. Analysts from Santiment pointed to overall network stability and growing transaction volume as factors behind the rally.

Market Performance

After reaching $1.54, XRP faced resistance and pulled back slightly. The token currently trades around $1.39. Despite the modest retreat, XRP remains up over 25% from its recent low.

Trading volume increased during the recovery period. Data shows heightened interest from both retail and institutional participants.

Preliminary data from SoSoValue suggested minor net inflows into XRP exchange-traded products, though official confirmation was pending at the time of reporting. The ETF flows will provide additional insight into institutional positioning.

XRP’s relative strength indicator had fallen to oversold levels before the recovery began. Technical analysts noted this as a potential signal for a bounce.

The token’s price movement occurred against a backdrop of global market volatility. Macro factors continue to influence short-term price swings across all cryptocurrency markets.

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

The post XRP Price: Whales Buy the Dip as Token Rallies 37% – What’s Next? appeared first on CoinCentral.

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