Binance whales had formed a sell wall for $XRP up to $15. Their sell wall still exists.
However, Coinbase whales formed a sell wall up to $32 this month. They have created new sell walls.
Aside from these walls, there are no sell walls from other whales.
The sell walls of Binance and Coinbase whales remain solid.
Currently, it is Coinbase whales that are blocking the rise. And they are forming many sell walls.
The biggest problem for global $XRP adoption would be cheap $XRP
To move $5 trillion once:
$10 $XRP = 500 billion $XRP
$100 = 50 billion
$1,000 = 5 billion
$10,000 = 500 million
The higher the price, the fewer units required.
Cheap $XRP benefits retail.
Expensive $XRP benefits infrastructure.