XRP Poised for $20 Surge as BlackRock Buying Rumors Ignite Market Buzz

Will XRP Surge to $20 Amid Bullish Market Signals? Crypto analyst Hailey LUNC, known for her insightful market predictions, has recently forecasted an imminent breakout for XRP, targeting a price surge to $20 or ￰0￱ bold prediction has garnered attention across the cryptocurrency community, sparking discussions about XRP's potential ￰1￱ LUNC's analysis highlights a significant bullish pattern forming in XRP's price ￰2￱ points to a double bottom formation and an ascending triangle, technical indicators that often precede substantial upward ￰3￱ to her, these patterns suggest that XRP is on the verge of a breakout, with the potential to reach the $20 ￰4￱ this outlook, other analysts have also identified similar bullish ￰5￱ instance, XForceGlobal, another crypto analyst, has set a $20 target for XRP, citing the cryptocurrency's current consolidation phase and the potential for a strong upward ￰6￱ notes that XRP's price action is aligning with the Elliott Wave Theory , indicating the possibility of a significant rally.

Notably, XRP might be gaining momentum toward the $3.60 breakout as renewed buying follows its return to the Bloomberg Galaxy Crypto Index. Therefore, the anticipation surrounding XRP is fueled by broader market ￰7￱ about the approval of a spot XRP ETF has increased, with some analysts suggesting that such an event could unlock substantial capital inflows, further propelling XRP's price toward the $20 ￰8￱ this prediction materializes remains to be seen, with XRP currently trading at $3.07. On-Chain Data Sparks Rumors of BlackRock Quietly Accumulating XRP via Coinbase Custody A wave of speculation has swept across the XRP community following a viral video from Crypto X AiMan, who argued that recent on-chain movements may signal that BlackRock is quietly buying XRP via Coinbase ￰9￱ to data highlighted in AiMan’s post, Coinbase’s visible XRP reserves plunged from about 780 million tokens to less than 200 million between June and August 2025, a reduction of roughly 69%.

AiMan emphasized that, despite appearances, this was not a mass ￰10￱ noted that Coinbase reduced the number of wallets holding XRP from 52 to around 10–16, each with nearly identical balances of 16.5 million ￰11￱ uniform distribution strongly suggests technical reallocation or custody restructuring rather than open-market ￰12￱ rumors connecting BlackRock to these transfers stem from Coinbase’s institutional ￰13￱ provides custody infrastructure for large clients through Coinbase Prime, integrated with BlackRock’s Aladdin ￰14￱ setup allows BlackRock and other institutional investors to gain exposure to digital assets, potentially including XRP, without those holdings being visible on public ￰15￱ analysts argue that the drop in Coinbase’s exchange wallets may simply indicate assets being moved into segregated custody accounts for institutional ￰16￱ can be verified today is clear that Coinbase’s XRP holdings have declined sharply on-chain, and its wallet structure has been ￰17￱ is equally verifiable that Coinbase and BlackRock maintain an active custody ￰18￱ cannot be confirmed is whether BlackRock itself is buying ￰19￱ the asset manager nor Coinbase has issued disclosures tying BlackRock directly to XRP purchases, and no regulatory filings provide supporting evidence.

Fact-checks by independent sources stress that while institutional reallocation is likely, attributing it specifically to BlackRock remains ￰20￱ The sharp decline in Coinbase’s visible XRP reserves and the consolidation of its wallets point to institutional-level movements rather than retail ￰21￱ BlackRock’s existing partnership with Coinbase fuels the theory of quiet accumulation, no concrete evidence links the world’s largest asset manager directly to XRP purchases. Meanwhile, Hailey LUNC’s bold $20 XRP forecast underscores growing optimism around the token’s technical setup and potential catalysts like an ETF approval.