XRP Ledger Velocity Spikes to 2025 High as Market Absorbs Ripple’s $101M Transfer to Binance

• The Spike: XRP Ledger network velocity hit a yearly high of 0.0324, driven by a massive $101M XRP transfer by Ripple to Binance.
• The Absorption: Despite the treasury move, price resilience is supported by $875M in ETF assets and 13 days of inflows.
• The Macro: CEO Brad Garlinghouse provides bullish cover, predicting Bitcoin will reach $180,000 by 2026.

XRP Ledger velocity has surged to its highest level of 2025 as on-chain activity accelerates, Ripple moves more than $101 million in XRP through Binance-linked wallets, and spot XRP exchange-traded funds extend a two-week streak of inflows. The mix of faster token circulation, large treasury transfers and growing ETF demand is now reshaping how traders read near-term liquidity and longer-term upside for XRP.

XRP Ledger Velocity Surges To 2025 High

According to on-chain data from CryptoQuant, the velocity metric for XRP’s network surged to 0.0324 on December 2, the highest level recorded on the XRPL this year.

Velocity measures how often coins are changing hands on-chain. A high number usually means coins are being actively traded or transferred between large wallets and not just sitting untouched in cold storage.

Some analysts interpret this as a sign of renewed liquidity, trader (or whale) activity, and possible accumulation or repositioning.

Related: Who Is Buying the XRP Dip? ‘Mega Whales’ Hit 7-Year Record Holdings

ETF Inflows And DeFi Growth Support XRP Structural Demand

Alongside on-chain velocity, other parts of the market are also seeing more interest. For instance, spot XRP ETFs logged inflows for 13 days straight, bringing total ETF assets to roughly $875 million as of December 3.

Also, the ledger has recently experienced a resurgence in DeFi activity, with its total value locked (TVL) increasing by approximately 7% over the last week.

Last month, RLUSD surpassed $1 billion in market cap, becoming the largest stablecoin on XRPL and expanding institutional and cross-border payment use.

Taken together, this data shows that there’s more movement within the XRP network, more money flowing in, and growing interest in what it can be used for or where its price might go. All of it can feed into bullish sentiment.

Ripple’s $101 Million Transfer Adds To Liquidity Debate

The on-chain activity spike coincided with a large set of transfers from Ripple-controlled wallets. Data from Whale Alert highlighted two consecutive movements of 46,019,328 XRP each, first from the address labelled Ripple 50 to an internal wallet and then to an account associated with Binance. 

At prevailing prices, the combined value of both transactions exceeded $101 million, turning the flows into a focal point for traders watching supply on exchanges.

Garlinghouse’s Bitcoin Target Frames Macro Upside For XRP

All of the above network data arrived alongside a renewed macro call from Ripple Chief Executive Brad Garlinghouse, who said during a panel at the Blockchain Week that he believes Bitcoin could reach 180,000 dollars by the end of 2026.

Some in the XRP community argue that if Bitcoin doubles (as Garlinghouse predicts), strong altcoins historically tend to outperform, which could lead to very bullish predictions for XRP’s future price.

There might be some merit to this, considering that in the past, altcoins like XRP tended to move in sync with Bitcoin’s overall market trends. When Bitcoin goes up during a bull market, investors often become more willing to take risks, which usually pushes altcoin prices higher as well.

However, factors like XRP’s real-world use, transaction volume, adoption by big companies, and the overall economic and regulatory climate will have a bigger impact on its price than simply following whatever Bitcoin does.

Related: Will XRP Turn Bullish or Bearish This Month? Here’s What History Says