XRP ‘about to explode’ claims insider with DC ties

On Tuesday, XRP gained traction again after an entirely refreshing appearance of several positive catalysts - from insider chatter to regulatory changes to institutional adoption overseas.

The rally was catalyzed, in part, by a now-viral post from crypto influencer Armando Pantoja, who claimed to have talked to insiders in Washington, D.C., and said that "Just got off a call with my insiders in DC…I can't say much, but $XRP is about to explode."

While vague, the post, which has since had over 100,000 views, helped ignite a buying spree that saw XRP's price hit around $3.30 at midday.

Just got off a call with my insiders in DC…

I can’t say much, but $XRP is about to explode.

I don't know exactly when, but soon.

If you’ve got 1,000 XRP, you’re already ahead of the curve.

This could be the move that changes everything.
— Armando Pantoja (@_TallGuyTycoon) July 29, 2025

On-chain data supports the price movement, indicating a sustainable level of long-term confidence.

Join the discussion with Scott Melker on Roundtable here.

Data from Glassnode shows that more than 80% of XRP's supply is in wallets that have not moved for over a year, indicating strong holding conviction. Long-term holders are still in profit, while short-term holders have been cautiously entering the market.

Over 80% of XRP supply is now held by long-term holders, signaling strong conviction behind the rally.

What's behind XRP's possible rally

In the meantime, Japan seems to be in the spotlight because XRP has a real-world use case there. Aplus, a credit card firm owned by Shinsei Bank, has partnered with SBI VC Trade to enable customers to convert their reward points into XRP, Bitcoin, and Ethereum, as per reports.

Adding to the overall positive sentiment is a possible conclusion to the long-running legal wrangling between Ripple and the U.S. Securities and Exchange Commission (SEC).

Join the discussion with CryptoWendyO on Roundtable here.

In the past week, Marc Fagel, a former SEC attorney, stated that both sides were likely to agree to drop their appeals even before the August 15 status report deadline.

Yesterday, Fagel wrote in a reply saying, "I believe that's the date for the parties to report on the status of their appeals. It doesn't mean it's a hard deadline by which they must file their dismissal papers, but I assume they will try to do so before then."

If both parties withdraw their appeals, it could signify a significant move toward settlement, decrease regulatory uncertainty, and lift a cloud that has been present over XRP since 2020.

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