google.com, pub-9033162296901746, DIRECT, f08c47fec0942fa0
10.3 C
New York
Friday, March 27, 2026

XRP Price Rises 12% as Spot ETFs See $48 Million in Inflows

XRP price rose nearly 12% on Tuesday, closing in on the $2.40 level, as strong institutional activity and lower supply on trading platforms continue to fuel its expected rally for early 2026.

Most important key points:

  • XRP price rose nearly 12% after breaking through a key resistance level, supported by one of the biggest surges in trading volume seen in weeks.
  • US XRP spot ETFs saw record inflows of $48 million, with cumulative inflows exceeding $1 billion since launch.
  • The decline in platform balances and the improvement in the American regulatory climate reinforce the upward dynamic.

The price of the digital currency reached $2.38 in the last 24 hours, breaking a resistance zone that had limited the rise for several weeks.

Market data showed one of the largest increases in XRP trading volume since mid-December, suggesting new participation rather than a weak, short-term move.

Spot XRP ETFs See Record Inflows of $48 Million, Extending Unbroken Demand Streak

ETF inflows have been a major driver. US XRP spot ETFs saw $48 million in net inflows on Monday, marking their strongest day since launch.

The products have not seen a single day of net releases since their launch on November 13, leading to continued steady demand from institutional and advisory channels.

Several XRP exchange-traded funds (ETFs) also recorded their highest daily trading volumes on record, pushing cumulative inflows past $1 billion in less than two months.

The influx of capital into the products has added a steady source of demand, which has helped absorb selling pressures during recent declines.

At the same time, blockchain data indicates a decrease in the supply of XRP on centralized trading platforms. Sales have fallen to their lowest levels in years, indicating a reduction in the number of pieces available for sale.

Traders often interpret this setup as one where incremental purchases can have a significant impact on price, especially during periods of high trading volume.

This rise also coincided with a broader shift in market trends.

Since late last week, traders have become more optimistic about the U.S. regulatory outlook following changes at the SEC and renewed interest in cryptocurrency market structure legislation expected to move forward in January.

XRP, which has spent much of the past few years plagued by legal uncertainty, has become a clear beneficiary of this improvement in sentiment.

Altcoins Gain Momentum as Traders Focus on Technical Feeds and Analysis

As regulatory concerns fade, attention increasingly turns to liquidity, flows and technical levels.

Currently, momentum is taking shape. A decisive breakout of the resistance level that traders were closely following led to additional buying from traders awaiting confirmation, especially with Bitcoin remaining relatively stable and capital shifting to large-cap altcoins.

The next test is the previous resistance range between $2.28 and $2.32. Holding above this range could pave the way for further gains, while failure could prompt traders to re-evaluate whether the move has room to rise. In November, Ripple’s US dollar-backed stablecoin RLUSD was approved for institutional use in Abu Dhabi after being recognized by the local regulator as an accepted benchmark token for fiat currencies.

This license allows Abu Dhabi Global Market (ADGM) approved companies to use the RLUSD currency for regulated financial activities within the free zone financial hub.

The company also received regulatory approval from the Central Bank of Singapore to expand its payments business, further strengthening the company’s efforts to deepen its institutional presence in the Asia-Pacific region.

The post XRP Price Rises 12% as Spot ETFs See Record Inflows of $48 Million appeared first on Cryptonews Arabic.

Related Articles

Latest Articles