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XRP Chases $2 Tag: Millions Of Institutional Capital Enter

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Ripple’s native XRP coin has soared all the way to $1.55 last week, but the confluent resistance at $1.50 is hard to miss. XRP’s price slightly backtracked from this position to trade at $1.42 on Wednesday’s afternoon, according to the latest stats from CoinGecko.

XRP-based exchange-traded funds (ETFs) have played a major part in the bullish narrative. The cumulative inflows witness the fact that XRP-powered ETFs have pulled in millions for six business days straight, waking Wall Street traders up from lethargic sleep.

This has pushed the total net assets to $1.46 billion, now closely approaching the all-time high of $1.56 billion, inked on January 14, 2026. Aside from ETF products, the 654% activity upswing on the XRP Ledger is accompanied by big-time investor action. Bitwise & Franklin Templeton’s ETFs were the most active, inking $7.48M & $4.34M on the last trading day, respectively.

According to CryptoQuant, crypto whales have transferred a whopping 1.451 billion XRP coins to Binance in 30 days, marking the highest activity rate in a quarter of a year. It doesn’t necessarily imply direct selling. Whales can move XRP to the platform for trading, portfolio reallocation, or to prepare for the next big move.

Archie marked a massive support box for XRP between $1.30 to $2.20, sweeping the lows of this range last night. The technical chart analyst believes “the structure never broke”, marking $2 as the next target for XRP’s price. “Sweep the lows and off we go.”, said Archie explaining the reasoning behind their increased XRP long play.

XRP’s currently trading well above the SuperTrend price of $1.31, showcasing an exponential growth in trading volume. The XRP Ledger whipped up $3.8 billion in 24-hour activity following the 654% activity hike, while XRP’s price entered a market correction phase: bulls will look for confirmation at $1.50 before the $2 target could take shape.

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Կառավարեք ձեր բոլոր կրիպտարժույթները, NFT-ն և DeFi-ն՝ մեկ տեղից

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