XRP whale increases holdings by 110 million tokens in March, exchange reserves hit nearly four-year lows, and the price range may point to $4

As of March 12, 2026, XRP is priced at approximately $1.38, with a total market capitalization of about $84 billion. Compared to the all-time high of $3.66 set in July 2025, the current price has fallen about 61%. Recently, market volatility has been low, with prices oscillating in the $1.34 to $1.48 range for several weeks, and the short-term trend remains unclear.

On-chain data, however, shows clear signs of accumulation. Statistics indicate that whale addresses holding between 100,000 and 100 million XRP increased their holdings by about 110 million tokens in just one month in March 2026, worth approximately $152 million at current prices. Meanwhile, XRP reserves on exchanges have dropped to 12.9 billion tokens, the lowest level since May 2021. Data shows that on March 6, over 14,000 XRP withdrawal transactions were recorded in a single day, with funds flowing into private wallets, often seen as a sign of increased long-term market holding intentions.

Despite these on-chain accumulation signals, institutional collaborations have not directly driven the price higher. In February 2026, blockchain company Ripple announced partnerships with several financial institutions, including Deutsche Bank, Aviva Investors, Zand Bank, Figment, and SG-FORGE. However, these collaborations mainly involve Ripple’s enterprise payment software and do not directly use XRP for settlement, so the short-term impact on token demand is limited.

On the other hand, the expansion of stablecoin infrastructure could bring new use cases to the XRP ecosystem. The Australian Securities and Investments Commission has issued a license to AUDC Pty Ltd, allowing the AUDD Australian dollar stablecoin to operate on the XRP Ledger as a regulated payment tool. The increase in stablecoin networks will provide more cross-border payment channels for Ripple’s on-demand liquidity system, enabling XRP to serve as a bridge asset between fiat currencies.

Currently, Latin American digital asset platform Bitso is using ODL technology for cross-border settlements, enabling real-time fund transfers between the US and Latin America via XRP and the stablecoin RLUSD.

In terms of technical indicators, XRP’s 3-day MACD has shown bullish signals, and the Relative Strength Index (RSI) has been gradually rising in March with whale fund inflows. Research firm Bitrue Research estimates that XRP’s baseline price range in 2026 could be between $1.40 and $3.00, with a more optimistic market scenario potentially pushing the price to $2.50–$4.00.

Additionally, on-chain data shows that as of March 11, 2026, the tokenized real asset value on the XRP ledger has reached $461 million. Some analysts view this trend as an important factor driving growth in the XRPL ecosystem.