XRP (XRP) Trading Now Available on WhatsApp as Major Holders Acquire 360M Tokens

Key Highlights

• Anatoly Yakovenko, co-founder of Solana, announced XRP trading capability on WhatsApp through wXRP on Solana
• Demonstration showed conversion of 0.1 SOL into 5.99 wXRP via simple WhatsApp message
• XRP touched $1.50 resistance before retracing to $1.43; 24-hour volume surged 28%
• Technical analyst Ali Martinez projects 35% upward movement based on 12-hour symmetrical triangle formation
• Major holders purchased 360 million XRP tokens in the past seven days, Ali Charts reports on X

The past several days have brought significant developments for XRP. After touching $1.50 amid fresh announcements, the cryptocurrency experienced a modest pullback to the $1.42–$1.43 range. Trading activity has intensified, large holder accumulation continues, and a novel WhatsApp-based trading mechanism is generating buzz across crypto circles.

The introduction of wXRP on Solana, facilitated through Hex Trust and LayerZero, enables direct XRP purchases and trades within WhatsApp via an AI-driven trading interface. A cryptocurrency analyst showcased this functionality by entering “buy 0.1 SOL worth of wXRP” as a text command, successfully receiving 5.99 wXRP tokens.

Anatoly Yakovenko shared details of the transaction on X, generating substantial interest. Brad Garlinghouse, CEO of Ripple, responded by noting that XRP adoption continues expanding through increased accessibility, broader ecosystem participation, and enhanced utility offerings.

Major cryptocurrency platforms OKX and BitMEX have each published “XRP” messages on X, suggesting potential product releases or collaborative initiatives within the XRP network. Official confirmations remain pending.

Technical Analyst Identifies Symmetrical Triangle Formation

Ali Martinez shared a 12-hour XRP price chart displaying consolidation within a symmetrical triangle pattern. His technical analysis suggests a potential 35% price movement based on this configuration. Separately, Ali Charts revealed on X that large-scale investors accumulated 360 million XRP tokens during the previous week.

Open interest in XRP futures reached $2.61 billion, registering a 0.80% increase over four hours. CME’s open interest climbed over 1%, while Binance recorded a 0.5% gain. Liquidations of short positions surged between April 15-16 as XRP breached the $1.40 threshold.

Critical Price Zones Under Observation

XRP achieved the $1.50 milestone initially identified on April 14, a position that generated 3.5x returns for traders initiating long entries at that juncture. Strong selling pressure at $1.50 has driven prices back toward $1.43.

Critical support exists at $1.37–$1.38. Should this zone maintain, market observers anticipate another approach to $1.50, with $1.65 emerging as the subsequent objective upon resistance breakdown.

Portions of the recent price appreciation stem from Ripple’s collaboration with Kyobo Life Insurance for launching tokenized government bonds in South Korea. The Crypto Fear and Greed Index has climbed from February’s low of 5 to a recent 62 reading, marking the initial “Greed” territory since October 2025.

Artemis data indicates current weekly trading volumes at $21 billion.

The post XRP (XRP) Trading Now Available on WhatsApp as Major Holders Acquire 360M Tokens appeared first on Blockonomi.