Prominent trader Peter Brandt keeps taking aim at the Ripple-linked XRP cryptocurrency, and his comments keep attracting a lot of discussion from the community.
In one of his most recent posts, Brandt pointed to the seemingly cultish nature of the XRP investment community.
That said, he noted that it is not necessary to be a "certified member" of such a perceived cult to be an interested owner of the token.
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"It is not necessary to be a certified cult member to be an interested owner of a crypto XRP," Brandt wrote in a recent social media post.
The veteran chartist primarily pays attention to the technical setup of a certain token, which applies to XRP as well.
"The charts alone have always been enough reason for us to make a bet," Brandt said.
He then took another swipe at cryptocurrency buyers who tend to display a very high level of commitment to a certain token. "There is a difference between being open-minded and having a hole in the head," he said.
Notably, Brandt accompanied his comments with a long-term weekly XRP chart that appears to show a potentially bullish technical structure.
Multi-year consolidation Brandt's chart shows that XRP has been in the middle of consolidation that followed its 2017 rally. Then, there was a subsequent breakout that took place in late 2024.
It is not necessary to be a certified cult member to be an interested owner of a crypto $XRP
The charts alone have always been enough reason for us to make a bet
There is a difference between being open minded and having a hole in the dead pic.twitter.com/YAnP0GGBBV
— The Factor Report (@PeterLBrandt) September 27, 2026 More recently, Brandt appears to be tracking a possible inverse head-and-shoulders formation. The chart provided by Brandt shows potential shoulders and a lower head.
The Ripple-affiliated token is now approaching a horizontal neckline around the $1.50-$1.60 area.
An inverse head-and-shoulders pattern is viewed by technical analysts as a potential bullish reversal formation. For this, however, the price needs to break above its so-called "neckline."
As reported by U.Today, Brandt recently predicted that the XRP price could surge all the way to $5.4.
Facing pushback from the communityBrandt recently faced intense criticism from members of the XRP community for saying some harsh words about the leading cryptocurrency.
The veteran trader recently described XRP as a "fool coin". He acknowledged that the cryptocurrency could be used efficiently for transactions.
"XRP can be effectively used for transactional purposes, cheaply," Brandt said.
However, he questioned whether transaction utility alone necessarily translates into investment value while also pointing to XRP's huge supply.
However, some members of the community pointed to the fact that XRP’s use cases have expanded substantially beyond its original positioning. Others also noted that one cannot increase XRP's supply. "You need to convince a node operator to use a different rule set to gain social consensus. That's fundamentally what makes decentralized systems so attractive," XRPL validator Vet said in a recent social media post.
Crypto Michael, a well-known cryptocurrency trader active on social media, has expressed strong confidence that XRP will surge through all current resistance levels, sparking an intense wave of FOMO among investors currently on the sidelines. In several recent posts on X, he did not specify a price target or timeline but emphasized the potential speed of XRP’s movement once its price action gains momentum.
Trader anticipates swift breakthrough for XRPCrypto Michael stated that XRP could slice through multiple resistance levels at high speed, likening the move to “a hot knife through butter.” He also predicted that traders who miss the run would experience significant regret, describing the expected FOMO as “totally unbearable for many.”
When you witness the speed at which XRP will slice through all resistance levels like a hot knife through butter, the resulting FOMO will be totally unbearable for many and some will need years to recover.
Despite the bold outlook, Crypto Michael did not identify specific price barriers or indicate when such a rally might begin. Instead, he highlighted previous experiences in bull markets and his chart analysis as the basis for his conviction, rather than any new fundamental developments affecting XRP.
When asked what informed his optimism, Crypto Michael replied that his insights stem from “experience and charts,” underscoring that previous bull cycles and an understanding of XRP’s historical movements are key to his perspective.
Mini dictionary: Crypto Michael is a pseudonymous cryptocurrency trader and influencer known for his technical analysis and chart-based predictions, particularly on X (formerly Twitter).
Focus on technicals over fundamentalsOther users questioned whether fundamental shifts, such as commentary from Ripple CEO Brad Garlinghouse, might influence XRP’s future performance. However, Crypto Michael made it clear that his analysis relies exclusively on charts and trading patterns. He dismissed the role of fundamentals, stating that his focus is solely on technical setups and profit opportunities within market movements.
Crypto Michael emphasizes trading charts over company fundamentals, stating his decision-making comes down to “only charts and printing money.”
He reiterated that current or planned business activity by Ripple, changes in regulation, or XRP’s integration into financial infrastructure do not factor into his current price outlook. For this trader, chart signals and price momentum remain the core drivers of market opportunities.
Ripple, the company behind XRP, develops solutions for global payments and cross-border money transfers. XRP is the native digital asset of the Ripple network, designed to facilitate fast, low-cost transfers between financial institutions.
Diverging views among investorsWhile some followers supported Crypto Michael’s projection, others voiced skepticism and raised concerns based on XRP’s long-term correlation with the broader cryptocurrency market. Several comments referenced the asset’s historical tendency to move in tandem with wider market conditions, questioning why XRP would suddenly demonstrate unique strength in the current environment.
One commenter stated hope to sell holdings in the event of a rally, while another challenged the logic behind assuming XRP will outperform competitors in an otherwise uncertain marketplace. Crypto Michael did not respond to these critiques, maintaining his outlook based on technical analysis.
At present, his forecast for a rapid breakout in XRP remains tied to his trading experience and technical readings on the price chart. He did not disclose when this move could start or how high XRP could rise if the scenario plays out as expected.
Analyst Rob Cunningham says XRP (CRYPTO: XRP) could overtake Bitcoin (CRYPTO: BTC) if enough capital moving onto the XRP Ledger actually converts into XRP itself.
What Cunningham’s Thought Experiment ShowsWidely-followed crypto analyst Cunningham posted on X Wednesday that $10 trillion migrating onto the XRP Ledger could support a multi-trillion-dollar XRP valuation, but only under one condition: substantial capital must also need to acquire and hold XRP itself, not just pass through the ledger.
The math depends on three unknowns:
How much new capital actually converts into XRP How long that capital stays in XRP How much liquidity sellers provide as price rises Cunningham pointed to a striking historical ratio to show the leverage effect: a net capital inflow of just $66 million to purchase XRP once triggered an approximate $45 billion increase in XRP’s overall valuation, a multiplier north of 600x.
He framed this as a thought exercise rather than a prediction, noting Bitcoin’s market value currently sits roughly 17 times larger than XRP’s.
“Life happens fast,” Cunningham wrote. “Especially during revolutionary times,” he added.
Why This Builds on Schwartz’s Earlier CommentsAs Benzinga reported September 13, Ripple CTO Emeritus David Schwartz said XRP could eventually overtake Bitcoin by market value, and investors appear to be listening.
The bull case, according to 21Shares, rests on four pillars:
Regulatory clarity — SEC’s Ripple case ended August 2025 Institutional access — seven US spot XRP ETFs pulled in $1.3 billion in month one Network activity — XRP Ledger moved nearly $500 billion on-chain in 12 months Fixed supply — capped at 100 billion tokens, though this alone doesn’t guarantee price gains Benzinga also reported on September 10, Schwartz specifically said the scenario requires XRP growing faster than Bitcoin in a world where digital assets broadly succeed, rather than Bitcoin shrinking.
He pointed to the XRP Ledger’s speed and functionality as the edge that could let it capture a disproportionate share of that growth.
“I think that the world where that happens is the world where all the markets grow much, much larger,” Schwartz said.
Why the Math Still Comes With CaveatsCunningham’s framework depends heavily on assumptions that remain unproven, particularly how much of the capital flowing through the XRP Ledger actually needs to sit in XRP rather than passing through as a bridge currency.
Institutions can use the ledger for settlement while holding XRP only briefly, or bypass the token entirely using stablecoins and tokenized assets instead, meaning network growth and token price appreciation aren’t automatically linked.
XRP is currently trading near $1.55, but analyst Egrag Crypto has identified a technical setup that he believes could spark a substantial upward move for the token.
Compression and expansion patterns on monthly chartIn his recent analysis on the social media platform X, Egrag Crypto compared XRP’s current monthly structure to four previous instances in which the asset went through a period of price compression, followed by a rapid expansion.
Each of these historical patterns led to approximate gains of 500%. The analyst’s chart highlights these cycles, suggesting that XRP may be approaching a similar moment for the fifth time since its inception.
Egrag Crypto referenced the monthly EMA Ribbon, a technical indicator based on a series of exponential moving averages, as the primary tool in his analysis. He pointed out that periods of price compression around this ribbon have previously signaled the start of significant price rises in XRP’s history.
He identified four clear examples where compression near the monthly EMA Ribbon preceded a strong breakout, with each cycle moving from lower price zones, such as $0.0256, $0.0554, $1.6387, and $3.0730, into a new expansion phase. The analyst now sees another compression forming and is monitoring for a potential repeat.
Mini dictionary: EMA Ribbon, a technical analysis indicator made of several exponential moving averages plotted on a chart to visualize price trends and potential support or resistance zones. Traders often use it to assess trend direction and spot consolidation or breakout areas.
Egrag Crypto noted that, “Sometimes the simplest strategy is the hardest one: buy, DCA, wait. Look at the monthly EMA Ribbon history. Each compression led to about 500% expansion.”
XRP’s upside target: $9–$10According to Egrag Crypto’s projections, a repeat of the historical pattern would see XRP rally as much as 500%, reaching a target zone between $9 and $10. His technical chart specifically places a potential peak at $10.0258, but he describes the $9–$10 zone as the region to watch if the compression and expansion structure continues.
The analyst emphasized that while previous cycles all delivered similar expansion moves, there is no guarantee the next one will match the past exactly. However, he believes the current technical pattern justifies a bullish outlook on XRP over a longer time frame.
CycleCompression ZoneExpansion PeakApproximate % Move1$0.0256$0.128500%2$0.0554$0.277500%3$1.6387$8.1935500%4$3.0730$15.365500%5 (Current)$1.55$9–$10 (Projected)500% (Projected) He observed that, “The structure I am tracking on the monthly chart is identical to previous cycles. If it plays out once again, we could see an expansion to the $9–$10 region.”
Focus on long-term strategyEgrag Crypto advised XRP investors to focus on the bigger picture and confirmed his preference for a long-term approach. He advocates for a strategy involving incremental purchasing, known as dollar-cost averaging (DCA), and patience during consolidation periods rather than attempting to time every short-term fluctuation.
According to Egrag Crypto, the current setup reinforces his conviction that broader price trends and technical patterns matter more than daily or weekly volatility. He encourages market participants to develop investment plans around these recurring cycles, especially as XRP’s monthly chart continues to mirror historical phases of accumulation and breakout.
For now, Egrag Crypto is closely monitoring the behavior of XRP around the monthly EMA Ribbon. A confirmation of the expected pattern could validate his thesis of a move toward the $9–$10 target in line with prior market cycles.
Crypto analyst Bitcoin Boy has highlighted what he describes as a striking structural pattern in XRP’s long-term price chart, suggesting a potential rally that could take the asset to $80 in the upcoming cycle. Sharing a decade-spanning chart from user Cryptobilbuwoo0, Bitcoin Boy pointed to the historical repetition within XRP’s price action as his basis for this bold projection.
XRP’s historical price cycles analyzedThe examined chart follows XRP’s price history from 2013 to the present, using a logarithmic scale. Price movements are confined within two parallel, ascending channel lines, making visible a distinctive recurring cycle within the XRP market. Bitcoin Boy identified this cycle as consisting of a peak at point 1, retracement to point 2, followed by a consolidation phase at point 3, which appears as a yellow rectangle on the chart. A narrower purple zone marks an accumulation period, preceding what he calls the green rally phase—an interval historically characterized by sharp price rises.
The initial cycle culminated in 2017 when XRP advanced through the full sequence, consolidated, and then rallied strongly toward the upper limit of the channel. This established a template that, according to some market analysts, might repeat in future market phases.
Bitcoin Boy claims that many XRP holders are calculating potential gains from a hypothetical $80 rally, even if they have not publicly voiced such expectations, and acknowledges the widespread skepticism toward the $80 target in a light-hearted manner.
Cryptobilbuwoo0, whose chart forms the foundation of this outlook, is recognized for technical analysis centered on historical patterns and price structures. His approach typically relies on identifying recurring trends rather than projecting fundamental catalysts.
Mini dictionary: Logarithmic scale, a graphical method where each step on the axis increases by orders of magnitude, commonly used in financial charts to better visualize percentage changes over time for assets with large price ranges.
Signs of another potential breakoutBitcoin Boy now claims XRP is in the midst of a second major cycle. The yellow consolidation box, based on the chart, extended from late 2022 through late 2024. After this, XRP reportedly climbed by 500% into the purple accumulation zone. The green rally area is positioned above the current price, indicating that if the past cycle plays out again, further sharp gains could occur.
The analysis places XRP at a comparable stage to its position before the dramatic rise in 2017. According to Bitcoin Boy, the ascending channel’s structure supports the possibility of an $80 price target by the end of 2026 or into 2027, provided the pattern repeats fully.
Cycle PhaseFirst Cycle (2013-2017)Second Cycle (2022-2026)ConsolidationCompletedLate 2022–2024AccumulationCompletedOngoingRally ZoneBegan in 2017Projected (above current price)Target PriceN/A$80According to this structural perspective, XRP has closely mirrored the stages of its prior confirmed cycle. Observers note that the asset currently sits at the edge of a potential rally zone, though the only prior instance of such a move occurred nearly a decade ago.
The chart presents a structural setup based on a completed cycle, with XRP now matching its previous stages and currently positioned just before a possible breakout.
While Bitcoin Boy and some technical analysts anticipate a significant breakout, others in the market remain skeptical, pointing to the rarity and size of such rallies in XRP’s history. Historical analysis of price structure does not guarantee future results, and the broader market conditions could affect actual outcomes.
According to SoSoValue data, US spot XRP ETFs recorded a combined net inflow of approximately $22.65 million on Sept. 25. The latest figures extended a recent period of positive flows into XRP investment products, even as the underlying token came under renewed selling pressure.
Bitwise's XRP ETF recorded the largest inflow for the session, attracting approximately $18.39 million. The fund's cumulative net inflows subsequently reached about $677 million.
The Franklin XRP ETF ranked second, recording approximately $4.26 million in daily inflows and bringing its cumulative net inflows to roughly $501 million.
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Across all spot XRP ETFs, total net assets stood at approximately $1.77 billion. Cumulative historical net inflows reached about $1.79 billion, while XRP represented approximately 1.80% of the funds' net asset value according to the reported data.
XRP ETF inflows extend recent buying TrendThe latest inflows follow another positive session on Sept. 23, when spot XRP ETFs attracted approximately $18.04 million.
Bitwise again accounted for the largest share, receiving about $11.54 million during the session. That brought its cumulative inflows to approximately $649 million at the time.
Franklin's XRP ETF recorded another $6.50 million in inflows, taking its cumulative total to roughly $492 million.
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The consecutive inflow sessions suggest that institutional exposure through spot ETF products has remained positive even as broader market conditions have become less favorable for XRP.
ETF flows, however, represent capital entering or leaving investment products and do not necessarily translate directly into the same-day price performance of the underlying asset.
Other major crypto ETFs also recorded positive flows on Sept. 25. Bitcoin spot ETFs registered approximately $134 million in net inflows, according to SoSoValue, extending their inflow streak to seven consecutive sessions.
BlackRock's IBIT accounted for approximately $96.99 million of the Bitcoin total, while Fidelity's FBTC recorded around $49.32 million.
Ethereum spot ETFs also remained in positive territory, with approximately $86.95 million in net inflows. The category extended its own inflow streak to six sessions. BlackRock's ETHA and ETHB products recorded approximately $50.37 million and $31.88 million, respectively.
XRP price falls despite positive ETF flowsThe continued ETF inflows have not translated into immediate price strength for XRP. XRP was trading around $1.54 on Friday, down approximately 4.6% over the previous 24 hours.
Its market capitalization stood at roughly $96.89 billion, also down 4.6%, while 24-hour trading volume declined 22.06% to approximately $4.97 billion.
The divergence between ETF flows and spot performance highlights the difference between institutional demand for investment products and short-term market positioning. While sustained inflows can indicate continued interest in gaining XRP exposure, they do not eliminate selling pressure elsewhere in the market.
For XRP, the recent ETF data therefore provides evidence of continued institutional participation, but the token's latest price decline shows that positive fund flows are not currently sufficient to prevent broader market pressure from affecting the asset.
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
XRP just completed a golden cross on the Bitcoin chart, and bulls are questioning if now is the time given the present market conditions. The MA 50 on the 4-hour chart crossed above the MA 200, making a short-term golden cross.
The golden cross, deemed a bullish signal, coincided with a drop on XRP/BTC's 4-hour chart, marking six red candlesticks in a row, taking bulls by surprise.
XRP/BTC 4-Hour Chart, Image by TradingViewThis, however, does not negate XRP's short-term outperformance against Bitcoin. Since September 16, XRP has steadily risen against Bitcoin, surpassing major moving averages (50 and 200) on both the 4-hour and the daily charts.
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XRP reached a high of $1.65 on September 25, a move that coincided with the first 2026 daily golden cross on its USD chart. The surge coincided with the strongest high-value activity in about a month, recording 1,917 whale transactions worth $100,000 or more. Network growth also spiked to 3,647 new XRP wallets. Bitwise filed an updated XRP ETF registration with the SEC on September 18, with XRP marking four straight days of gains around this timing.
Timing says no?At the time of writing, XRP was down 1.19% in the last 24 hours to $1.55 after reaching a high of $1.62 in Friday's session.
While XRP is currently seeing profit-taking, a few signals suggest that the token may still have room to run.
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According to Ali, a crypto analyst, the URPD indicator shows relatively little resistance ahead until $1.60, where roughly 2.50 billion XRP previously changed hands, highlighting potential profit-taking near this level before the next major move.
XRP appears to have completed the right shoulder of a major inverse head-and-shoulders pattern on its USD daily chart. With the $1.60 level in focus, a decisive break above the neckline could confirm the pattern and trigger another 30% rally toward $2.
The 365-day MVRV for XRP, despite the rally in price, is at -11.75, which means the average trader who has been active in the last year is facing losses. The downside risk is limited, which is good news, and traders could bounce back if demand stays strong.
In just five days, whales have accumulated more than 470 million XRP, worth around $724 million, and they continue to stack XRP in expectation of the next move.
Large XRP holders accumulated 470 million tokens worth $724 million in five days, while spot ETFs extended their inflow streak.
The combination of whale demand and institutional buying puts XRP price $1.60 resistance level firmly back in focus.
XRP Whale Accumulation Signals Stronger DemandOn-chain data cited by analyst Ali Martinez shows whale balances rising from approximately 12.37 billion to 12.80 billion XRP. The increase represents more than 470 million tokens, worth roughly $724 million at recent prices.
XRP trades around $1.55, according to BeInCrypto data. The token has rebounded approximately 28% from the $1.25 area. It recently reached a local high near $1.58.
That recovery has developed alongside an inverse head-and-shoulders structure on XRP daily chart. Its neckline sits close to $1.60.
XRP Price Performance. Source: BeInCryptoA confirmed move above that level could activate a measured target near $2. That would represent roughly 30% upside from current levels. Conversely, a rejection could expose XRP price to initial support around $1.53, followed by $1.50. A deeper correction could bring $1.46 and $1.32 into focus.
Technical analysts have also identified an RSI setup that preceded strong advances in the past. However, confirmation requires the indicator to reclaim its key moving average.
Can ETF Demand Help XRP Price Break $1.60?Institutional demand has provided another source of support through United States spot XRP ETFs. SoSoValue data shows continued positive weekly flows.
The products attracted $75.59 million during the week ending September 25. Cumulative net inflows reached $1.79 billion. Total net assets stood near $1.77 billion, while the funds recorded their 11th consecutive week of net inflows.
The streak began with the week of July 17 and continued through September 25. Several individual weeks also delivered substantial contributions.
XRP Spot ETF Weekly Inflows. Source: SoSoValueBitwise’s XRP ETF has remained a key driver of recent activity. On September 18, the firm filed a post-effective amendment to its registration statement.
The filing updated prospectus disclosures and incorporated recent financial reports. Meanwhile, XRP price repeatedly tested resistance around $1.60 after recovering from approximately $1.40.
👀 XRP IS REPEATING A FAMILIAR PATTERN
This RSI setup appeared before two HUGE moves in $XRP:
🔹 $0.18 → nearly $2
🔹 $0.37 → $3.30
And now the same RSI “pocket” is forming again.
But the signal hasn’t triggered yet…
🎯 I’m watching for #RSI to cross back ABOVE the yellow… pic.twitter.com/JzyMCXnh0o
— Crypto Crew University (@CryptoCrewU) September 25, 2026
The key question now centers on whether whale accumulation and institutional flows can reinforce one another. A sustained break above $1.60 would provide technical confirmation.
Crypto analyst Dark Defender has released a long-term technical outlook for XRP, focusing on price patterns spanning from 2013 to 2033. The analysis centers on a completed cup and handle formation on the 3-month XRP chart, which the analyst describes as one of the largest such structures seen in the cryptocurrency sector.
Cup and handle pattern confirmedAccording to Dark Defender, the cup formation took shape starting in 2017, with a prolonged bottom forming from 2019 to 2023. This structure, he says, resolves near resistance levels between $1.55 and $3.66, highlighted as the critical zone where the handle emerges. Recent market movements are identified as tracing out this handle component, indicating to the analyst that the technical pattern has reached completion.
Dark Defender is an independent crypto chart analyst recognized for his in-depth pattern recognition and use of Fibonacci tools in forecasting digital asset prices, particularly for XRP. He uses technical indicators and historical chart patterns as the foundation for his price projections.
He refers to the current situation as the largest cup and handle ever completed in the crypto market, shifting attention toward possible price trajectories following the breakout.
Dark Defender states that his multi-year projections are based on metrics such as the tokenized asset base, circulating supply velocity, XRP’s share of collateral, collateral ratio, Fibonacci time zones, and price patterns. He notes, “I see $750–$1,000 these days. This is great. Psychological readiness is here.”
The analyst’s price targets mappedThe published chart includes several Fibonacci extension levels as potential resistance points. The initial target is the 161.80% extension at $1.8815. Subsequent levels are mapped to 361.80% at $18.2275, followed by 141.40% at $74.3956, and another 161.80% extension at $333.1167. The highest target shown on his chart is $5,517.1817, aligning with a 200% Fibonacci extension.
TargetFibonacci LevelPrice ($)First161.80%1.8815Second361.80%18.2275Third141.40%74.3956Fourth161.80%333.1167Fifth200%5,517.1817While his previous forecasts in 2021 covered four- and five-digit territory, Dark Defender now regards $750 to $1,000 as more realistic interim goals for XRP, suggesting that larger upside may remain achievable in the longer term.
Pattern’s significance for XRP’s outlookThe analyst describes the recent handle formation as a key technical trigger, potentially paving the way for a new price surge if current support zones hold. He suggests that the momentum generated by completing this pattern, combined with supporting technicals like RSI and Fibonacci levels, sets the stage for a substantial bull run.
A green arrow on the forecast chart signals an upward trajectory, plotting potential resistance points at each extension level up to the multi-thousand dollar range. Dark Defender has stressed that these patterns are historically significant and rarely completed on such a large scale.
The cup and handle structure is described by the analyst as the most significant he has tracked for XRP, with the next move expected to be highly impactful for the token.
XRP, the native digital asset of Ripple Labs, is often used for cross-border payments and international settlements. The asset remains in focus among technical analysts who actively track its chart patterns and price potential.
Mini dictionary: Fibonacci extension, a technical analysis tool used to project future price levels following significant moves, often applied to identify potential areas of support and resistance based on mathematical ratios derived from the Fibonacci sequence.
Dark Defender concludes that completion of the pattern carries major implications, but also emphasizes the importance of “psychological readiness” and market conditions for targets to be reached.
Crypto analyst EGRAG CRYPTO has identified a repeating pattern in XRP’s Relative Strength Index (RSI) that spans from 2015 through a projected 2028 outlook. This long-term chart highlights multiple cycles where RSI compressed into specific ranges before periods of strong momentum expansion.
The 53 level holds the keyEGRAG CRYPTO’s primary focus falls on the RSI level of 53, which he labels a critical momentum gateway. In all four historical cycles mapped, XRP’s RSI climbed above 53, retested this level, and established it as support before pushing toward higher momentum zones.
The analyst notes that when RSI managed to close above 53 and hold that position, subsequent moves targeted the 80 region, signaling heightened bullish activity. Currently, XRP’s RSI is recovering from a low in the low 40s, sits near 50, and is steadily approaching the 53 mark.
In his view, the 53 RSI serves as the ultimate hurdle: if XRP breaks above, retests, and holds this level, significant upward momentum could follow. If the threshold fails, attention shifts to the 47 level as the potential next momentum basin.
EGRAG CRYPTO provides a visual with a green arrow indicating this targeted move to the 80 region, contingent upon successful support at 53. The recent major reset in RSI, according to his analysis, signals the possibility of renewed upside if historical patterns hold.
Two scenarios for XRP’s next moveThe analyst outlines two distinct paths for XRP: in the bullish scenario, the RSI surpasses 53 and maintains support, triggering further upside potential. Otherwise, a failure to maintain this level could lead RSI to retreat toward 47, resulting in another momentum reset. This setup mirrors those seen before XRP’s notable rallies in 2017, 2021, and most recently with a 500% surge in late 2024.
EGRAG CRYPTO frames his outlook around structure and caution rather than prediction, emphasizing that maintaining a disciplined approach is essential in volatile conditions.
Highlighting his method, EGRAG CRYPTO points out that while he holds long-term XRP positions without interference from short-term indicators, he also engages in active swing trading based on chart structures and volatility events. Both approaches, he explains, are kept separate to avoid emotional decision-making.
Market structure, trend monitoring, and meme token parallelsAs XRP approaches critical technical levels, the importance of real-time market monitoring extends to other fast-moving segments. In the meme token market, an internet trend can transform into millions of dollars of volume within days. Fomo App data highlight a recent instance where a $99 investment in “Niu Lai” ballooned to approximately $370,000, underscoring the impact of timing and token selection. Fomo App tracks price movements and investor activity, offering token discovery, social feeds, leaderboard rankings, and trade alerts through a unified platform. Through such tools, both technical and sentiment-driven markets, including XRP and meme tokens, are becoming increasingly accessible to investors.
EGRAG CRYPTO reiterates his commitment to structuring his trades around well-established chart signals, noting that structure consistently outweighs noise in his market analysis.
XRP News: Ripple Takes Aim at SWIFT, Pantera CEO Says
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Dan Morehead, founder and CEO of Pantera Capital, told CNBC News that Ripple is going after the cross-border payments turf long dominated by SWIFT, reviving a comparison that has trailed XRP for years without ever being tested at institutional scale. The remark says more about how a prominent crypto investor frames competitive positioning in payments than about how much of Ripple’s actual settlement volume runs through the XRP token itself.
Morehead made the comment during a Squawk Box segment that also touched on Solana’s transaction throughput and Bitcoin’s role as digital gold. He described Ripple’s SWIFT ambition as one of several major blockchain use cases shaping the industry, not as an imminent takeover of the network banks rely on for cross-border messaging.
SWIFT, the Society for Worldwide Interbank Financial Telecommunication, functions as the dominant messaging system connecting financial institutions across borders, it coordinates payment instructions between banks. Ripple has spent years building infrastructure aimed at offering faster, cheaper settlement as an alternative to the correspondent-banking chain.
EntityWhat it isRole in the SWIFT comparisonRippleThe company is building an enterprise payment infrastructurePursuing SWIFT’s cross-border payments market, per MoreheadRipple PaymentsRipple’s product for banks, fintechs and payment providersSettles in fiat, RLUSD, USDC, USDT or XRP – not XRP-exclusiveXRP LedgerThe underlying blockchainProvides settlement rails; used by multiple assets, not just XRPXRPThe digital assetOne bridge-currency option; usage scale not independently disclosed Earn $50 and Enter $300K Prize Draw on EdgeX
Per Ripple’s own cross-border payments page, its platform supports RLUSD, USDC, USDT, or fiat, “whichever asset your business requires,” and the company states its settlement layer is decoupled from any single issuer’s token. That is a direct architectural admission that XRP is one option among several in the payment flow.
Ripple’s site also reports payout access across more than 60 markets and cumulative processed volume above $100 billion. Those are company-reported figures, and they say nothing about what share of that volume actually settled in XRP versus stablecoins or fiat rails. The gap between enterprise-scale numbers and token-specific usage is exactly where the SWIFT comparison breaks down.
Trade XRP on Bybit and Get a Chance to Win Our $1,000 USDT Airdrop
News on Enterprise Progress vs. XRP DemandThis gap has shadowed Ripple since the SEC filed its lawsuit against the company in December 2020, alleging XRP constituted an unregistered security. Ripple secured a partial win in 2023 when a federal judge ruled that XRP was not a security when sold to retail investors on public exchanges, though the broader regulatory picture around institutional sales remained unresolved.
Throughout that fight, Ripple kept expanding its payments network and partner list. This is a track record investors have repeatedly treated as a signal for XRP’s price, even when the two move independently.
That habit of reading corporate wins as token catalysts shows up elsewhere in Ripple’s current push. Reports on Ripple’s AI-payments integration with Stripe generated similar optimism without settling how much of that flow touches XRP specifically, and the question of whether payment-network growth translates into token demand isn’t unique to Ripple.
Ripple’s own materials, including its explainer on how it utilizes XRP in cross-border payments, describe a hybrid model where digital assets act as bridge currencies alongside stablecoins and fiat conversion, useful for reducing pre-funding requirements, but not proof that XRP carries the majority of the flow.
Morehead’s recognition of Ripple’s SWIFT ambition is real institutional validation of the company’s strategy. It is not a substitute for Ripple disclosing what fraction of its payment volume actually settles in the token, and until that number surfaces, the SWIFT comparison remains a narrative rather than a measured outcome.
Ripple’s RLUSD stablecoin has reached a major milestone, as its total circulating supply has approached $2.5 billion as of September 22. This growth has coincided with an increase in deposits of stablecoins on the XRP Ledger (XRPL), suggesting greater flows of U.S. dollars through the Ripple blockchain network.
RLUSD supply climbs, surpasses $2 billion markThe RLUSD stablecoin first crossed $2 billion in circulation in August, according to Ripple’s latest transparency disclosures. Updated figures show the stablecoin’s supply now ranges roughly between $2.4 billion and $2.5 billion, depending on the data provider. Ripple’s own data listed $2.3956 billion RLUSD in circulation and $2.5177 billion in reserve funds as of September 3.
Ripple, a technology company focused on enterprise blockchain solutions, aims to position RLUSD as a fully regulated and transparent stablecoin. RLUSD is designed to maintain a stable value at one U.S. dollar and is collateralized by cash and cash equivalents held in segregated reserve accounts. The expansion in supply reflects the growth in dollar-backed tokens circulating across supported networks rather than a change in RLUSD’s price.
Ripple reports that RLUSD’s supply growth stems from rising demand across blockchain payments and institutional financial operations, not from speculation on its price.
The company has also issued RLUSD on Ethereum, broadening access to its stablecoin beyond the XRPL. Ripple Mint, the firm’s dedicated platform, allows eligible clients to mint and redeem RLUSD directly, enabling direct management of stablecoin positions without relying solely on secondary markets.
Stablecoins expand on XRPLData indicates that the total supply of stablecoins on XRPL has now reached approximately $1.19 billion, with RLUSD accounting for about $1.1 billion of that figure. This concentration makes RLUSD the largest dollar-denominated stablecoin on the XRPL, reinforcing its dominant position within Ripple’s ecosystem.
The close link between RLUSD’s supply growth and XRPL activity suggests the stablecoin is increasingly serving as a source of dollar liquidity across the network. However, RLUSD and XRP occupy distinct functions within the XRPL. RLUSD represents a digital version of the U.S. dollar that can be used for transactions and settlement, while XRP is required for network fees and utility features native to the XRPL.
Despite the surge in RLUSD supply, this does not necessarily indicate a proportional rise in payment or transaction volume. Ripple clarified that the size of the supply reflects the number of existing tokens, while active transaction data is needed for insights into the frequency of stablecoin use in settlements.
Mini dictionary: XRPL (XRP Ledger), an open-source public blockchain developed by Ripple for fast, low-cost payments and financial transactions, where XRP is used as the network’s native digital asset. RLUSD is Ripple’s own stablecoin issued on this ledger as well as Ethereum.
StablecoinSupply on XRPLTotal Circulating SupplyRLUSD$1.1 billion$2.4–$2.5 billionOther Stablecoins$0.09 billionN/AThe increased RLUSD supply enables both payment providers and financial institutions to access regulated dollar liquidity, helping them avoid traditional banking rails and simplifying settlement processes within the XRPL environment.
XRP price action and technical levelsAs RLUSD’s supply expanded, XRP itself traded near $1.57, having tested the $1.60 mark several times in recent sessions. On September 25, XRP briefly reached an intraday high above $1.60 before retracing to the $1.57 area. Technical analysts noted that $1.61 remains a resistance zone, with immediate support found between $1.50 and $1.48.
Technical analyst Diana identified $1.61 as a key resistance, while observing consistent support for XRP near $1.55 and $1.50.
Despite proximity in timing, market data shows no direct relationship between RLUSD’s supply growth and XRP’s recent price movements. XRP’s price and trading activity continue to be shaped by broader market forces, separate from Ripple’s stablecoin metrics.
Price LevelObserved Price/RangeSignificanceXRP Resistance$1.61Repeated rejectionXRP Support$1.50–$1.48Immediate support zoneRecent Range$1.55–$1.60Ongoing trading zoneGoing forward, observers are watching for future RLUSD reserve attestations, updates to circulating supply, and whether the concentration of stablecoins on XRPL continues to expand. Meanwhile, XRP’s ability to maintain its support level and potentially break past $1.61 remains an area of interest for traders tracking the network’s ecosystem.
XRP (CRYPTO: XRP) has wavered this month, underperforming other top altcoins such as Zcash (CRYPTO: ZEC), Near Protocol (CRYPTO: NEAR), and Ethereum (CRYPTO: ETH). The token was trading at $1.5485 on Saturday, but ongoing ETF inflows suggest a strong rebound may be on the horizon.
XRP ETFs are Nearing a $2 Billion MilestoneAmerican retail and institutional investors are buying spot XRP ETFs, a sign that they expect the price to rebound. The funds had over $22.6 million in inflows on Friday, the fourth consecutive day of gains. They have now added over $117 million in assets, bringing the cumulative inflows to $1.8 billion.
Spot XRP ETFs now have over $1.7 billion in assets, a figure that may cross the $2 billion milestone if the trend continues. This growth is led by the Bitwise XRP ETF (NYSE:XRP), which has accumulated $647 million in assets. Franklin’s XRPZ and Canary’s XRPC are the other top ETFs. XRP whale buying has also accelerated.
The ongoing XRP ETF inflows has coincided with those of other coins like Bitcoin, Ethereum, and Solana. Bitcoin ETF inflows have jumped by over $2.4 billion this month, while Ethereum and Solana have soared by $877 million and $264 million, respectively.
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Meanwhile, XRP’s other fundamentals are doing well. The Ripple USD stablecoin growth continues the momentum, with its market capitalization soaring to over $2.4 billion. RLUSD in XRP Ledger has jumped to over $1.1 billion.
XRP’s demand has continued to rise in the spot and futures markets. Its futures open interest have jumped to $3.6 billion, its highest level since January this year, a sign that demand continues rising.
XRP Price is About to Form a Golden CrossTechnicals point to a strong XRP price surge. It is about to form a golden cross pattern, which happens when the 50-day and 200-day Exponential Moving Averages (EMA) cross each other. This pattern often leads to more gains. In XRP’s case, the last time it formed a golden cross was in November 2024, which led to a significant short squeeze.
XRP has remained above the Supertrend indicator, a sign that bulls have prevailed. Therefore, the coin will likely have a strong bullish breakout, potentially to the psychological level of $2, which is about 30% above the current level.
XRP has achieved a notable technical milestone with a golden cross on its four-hour Bitcoin chart, where the 50-period moving average crossed above the 200-period moving average. This development is typically seen as a bullish indicator by market participants.
Golden Cross Signals and Price PerformanceDespite the positive technical signal, XRP/BTC experienced six consecutive declines on the 4-hour chart, catching bullish traders off guard. However, this pullback has not erased XRP’s impressive short-term gains against Bitcoin. Since September 16, XRP has maintained steady upward momentum on both the 4-hour and daily charts, consistently moving above major moving averages.
The token climbed to $1.65 on September 25, coinciding with the first daily golden cross of 2026 on the USD chart. This surge came alongside heightened on-chain activity, including 1,917 large whale transactions valued at $100,000 each, and a spike in new wallet creation, with 3,647 new addresses added to the XRP network.
Bitwise submitted an updated registration for an XRP ETF with the SEC on September 18, a period during which XRP posted gains for four consecutive days. Currently, XRP trades at $1.55, representing a 1.19% decline in the past 24 hours, after reaching $1.62 earlier in the trading session.
Technical Barriers and Analyst InsightsProfit-taking has emerged at current levels, but certain market signals suggest the possibility of further gains. Crypto analyst Ali noted that the URPD indicator reveals limited resistance until $1.60, a level where around 2.5 billion XRP previously changed hands. This area may act as a short-term barrier, with potential for additional selling activity before the next major price movement.
XRP seems to have finished forming the right shoulder in a large inverse head-and-shoulders pattern on the daily USD chart. With $1.60 as a focal point, a convincing move above the neckline could validate the formation and prompt a further 30% rally toward $2.
The 365-day Market Value to Realized Value (MVRV) ratio for XRP stands at -11.75. Despite recent price increases, this indicates that the average active trader over the last year remains at a loss. However, the risk of further decline appears limited if demand remains strong, offering traders a potential path to recover losses.
Whale Activity and Meme Token MomentumLarge holders have continued to accumulate XRP, adding more than 470 million tokens—valued at approximately $724 million—over just five days. This accumulation signals growing anticipation among whales for the next significant price move.
For investors monitoring technical patterns such as the inverse head-and-shoulders, careful market observation remains crucial. In the meme token space, internet trends often translate into outsized financial activity in short timeframes. Fomo App reported a standout trade where a $99 entry into the “Niu Lai” token ballooned to nearly $370,000, illustrating the rapid impact of viral momentum. Tracking not just price, but also investor timing and token choices, has become key in this environment. Fomo App enables users to discover new meme tokens through social feeds, investor rankings, and instant trade alerts, providing a unified platform for both analysis and trading.
Spot XRP exchange-traded funds (ETFs) in the United States saw combined net inflows reach approximately $22.65 million on September 25, according to data from SoSoValue. This latest influx extends a streak of positive institutional buying in XRP-focused investment products, even as the token’s price experienced renewed selling pressure.
Institutional appetite for XRP continuesBitwise’s XRP ETF led the session, attracting about $18.39 million in inflows—raising its cumulative net intake to roughly $677 million. Franklin’s XRP ETF followed with a daily inflow of $4.26 million, bringing total historical net inflows for that fund to nearly $501 million.
Altogether, spot XRP ETFs held net assets of $1.77 billion as of the latest session. Cumulative historical net inflows across all products reached approximately $1.79 billion. According to SoSoValue’s reporting, XRP made up around 1.80% of these funds’ overall net asset value.
The new inflows marked the second consecutive session of positive momentum for XRP products. On September 23, net inflows totaled $18.04 million, with Bitwise and Franklin once again accounting for the bulk of investor demand. Bitwise received $11.54 million that day, and Franklin added $6.50 million, bringing their cumulative totals to $649 million and $492 million, respectively.
These patterns signal that institutional demand for spot ETF exposure in XRP has remained steady, despite unfavorable price movement in the underlying asset.
Divergence between ETF flows and spot pricesAlthough ETF inflows can point to robust demand among institutional investors, such figures typically reflect capital entering or leaving investment products rather than immediate changes in the asset’s spot price.
XRP’s spot price fell to approximately $1.54 on Friday, down about 4.6% over the previous 24 hours, with market capitalization declining to $96.89 billion and trading volume shrinking by 22.06% to $4.97 billion.
The sustained ETF inflows have yet to deliver upward momentum to the XRP price, underlining a disconnect between institutional product inflows and prevailing market sentiment for the token. Market analysts noted that persistent selling pressure in spot markets can offset positive signals from ETF funds, resulting in a divergence between product flows and underlying price performance.
Wider crypto ETF market trendsOther leading crypto ETFs recorded positive net flows on September 25. US spot Bitcoin ETFs saw net inflows of around $134 million, maintaining an inflow streak for seven consecutive sessions. BlackRock’s IBIT dominated, with nearly $97 million funneled into its funds, while Fidelity’s FBTC added about $49.32 million.
Ethereum spot ETFs also stayed in positive territory. Net inflows amounted to roughly $86.95 million, extending their own six-session inflow run. BlackRock’s ETHA and ETHB products together attracted more than $82 million of that total.
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While these robust inflows point to enduring institutional interest in gaining exposure to major cryptocurrencies through ETFs, short-term price direction remains sensitive to broader market dynamics.
ETF flows represent ongoing institutional participation, but the recent decline in XRP price demonstrates that these positive trends in fund inflows have not been sufficient to counteract persistent pressure in the spot market.
On September 25, the U.S. spot XRP ETFs recorded $22.65 million in net inflows. Bitwise mainly concentrates these flows, while XRP remains close to $1.55 despite this demand.
In Brief U.S. XRP ETFs registered $22.65M in net inflows on September 25. Bitwise concentrates nearly 81% of new flows, ahead of Franklin Templeton. XRP ETFs attracted about $75.6M over four consecutive sessions. Despite these inflows, XRP remains close to $1.55 and does not take off. Flows to ETFs support demand, but are not enough alone to sustainably drive the price up. Bitwise Captures More Than 80% of New Capital In one session, the Bitwise XRP ETF collected $18.39 million. XRPZ, Franklin Templeton’s fund, received $4.26 million. Regarding other tracked XRP ETFs, they did not attract any significant movement.
Thus, both products recorded the entirety of all daily inflows. Bitwise attracted nearly 81% of the capital, compared to 19% for Franklin Templeton.
The main available data allow measuring the concentration of these flows :
$22.65 million in net inflows for all XRP ETFs ; $18.39 million for Bitwise’s fund ; $4.26 million for Franklin Templeton’s fund ; $677 million in cumulative inflows for Bitwise ; $501 million in cumulative inflows for Franklin Templeton. Now, available figures allow estimating the cumulative net inflows of all XRP ETFs at $1.79 billion. Their total assets approach $1.77 billion. However, the gap between these two amounts is justified mainly by XRP fluctuations since the arrival of funds.
Thus, Whale Insider summarizes the session :
Clients of Bitwise and Franklin ETFs together purchased $22.65 million of XRP.
However, this wording requires nuance. Net inflows equal new subscriptions minus withdrawals. They do not show that Bitwise and Franklin Templeton decided to acquire XRP for their own treasury.
XRP ETFs Continue Several Positive Sessions This session on September 25 extends a favorable sequence for products backed by Ripple crypto. U.S. funds had attracted $20.02 million on September 22. Bitwise had collected $19.16 million, almost the entire amount.
Inflows were around $18.04 million the next day. Bitwise thus received $11.54 million and Franklin Templeton $6.50 million. Both managers had again dominated the September 24 session with $9.91 million and $4.98 million respectively.
Thus, XRP ETFs accumulated nearly $75.6 million over these four sessions. Bitwise represents about $59 million of this amount, nearly 78% of the total. Such concentration reveals that demand does not benefit all issuers uniformly.
This is explained notably by fees, liquidity available on each product, and their accessibility through brokerage exchanges. Bitwise showed a median spread between bid and ask prices of 0.06%. Such a level facilitates execution of large orders.
These inflows broaden access to XRP without requiring investors to hold the token directly. However, they do not enable precise identification of buyers. The expression “institutional demand” should therefore be used cautiously, as ETFs may host both companies and retail investors.
XRP Has Not Yet Turned These Flows Into a Strong Rise On September 26, XRP trades around $1.55. It lost nearly 2% in one day despite new subscriptions recorded by ETFs. Its market capitalization had reached $97 billion, with a circulating supply close to 62.9 billion tokens.
At the current price, $22.65 million inflows theoretically correspond to about 14.6 million XRP. This volume remains modest compared to some $3 billion traded on the market within 24 hours. It is therefore not enough to trigger a sustained increase in the price.
XRP also remains 58% below its historical record of $3.65. Continued ETF inflows provide support, however, the next movement will also depend on bitcoin, overall market liquidity, and U.S. monetary expectations.
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Luc Jose A.
Diplômé de Sciences Po Toulouse et titulaire d'une certification consultant blockchain délivrée par Alyra, j'ai rejoint l'aventure Cointribune en 2019. Convaincu du potentiel de la blockchain pour transformer de nombreux secteurs de l'économie, j'ai pris l'engagement de sensibiliser et d'informer le grand public sur cet écosystème en constante évolution. Mon objectif est de permettre à chacun de mieux comprendre la blockchain et de saisir les opportunités qu'elle offre. Je m'efforce chaque jour de fournir une analyse objective de l'actualité, de décrypter les tendances du marché, de relayer les dernières innovations technologiques et de mettre en perspective les enjeux économiques et sociétaux de cette révolution en marche.
DISCLAIMER
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
Cyber Hornet has introduced a new exchange-traded fund (ETF) that combines exposure to both the S&P 500 and XRP, marking a notable step in integrating cryptocurrencies with traditional equity investment products. The fund began operating on January 30, 2026, and trades under the ticker XXX on Nasdaq.
ETF Structure and Investment ApproachThe ETF allocates approximately 75% of its assets to S&P 500 stocks and targets around 25% economic exposure to XRP. According to its official SEC prospectus, the ETF tracks both the S&P 500 and the S&P XRP 75/25 Blend Index. Direct investment in XRP is achieved through a Cayman Islands subsidiary, enabling the fund to comply with US regulations while holding the cryptocurrency securely.
S&P Dow Jones Indices, a prominent provider of benchmark indices, maintains the underlying blend index for this fund and rebalances it monthly. This allows investors to access a portfolio that brings together major US companies such as Nvidia, Microsoft, Apple, and Amazon alongside a significant allocation to XRP.
Mini dictionary: S&P Dow Jones Indices is a leading financial market index provider responsible for managing well-known benchmarks like the S&P 500 and sector-specific indices used by global investment funds.
Investors purchasing the XXX ETF are acquiring a unique mix of blue-chip US equities and direct XRP exposure, all within a single, regulated investment product.
XRP’s Integration into Mainstream PortfoliosXRP investment products have begun to move beyond standalone funds, gradually becoming components of more diversified, traditional portfolios. Coinpaper recently pointed out that Amplify includes its XRP income ETF within a broader ETF structure, while ProShares has integrated XRP-linked products alongside its other investment offerings.
Cyber Hornet’s ETF advances this trend by merging cryptocurrency and traditional equity exposure at the index level, presenting XRP as part of a balanced portfolio construction rather than a separate niche asset.
S&P Dow Jones Indices lists the Cyber Hornet fund as an official index-linked product tied to both its core S&P 500 and the S&P XRP Reference Price 75/25 Blend Index, increasing its credibility among institutional investors.
Despite this innovation, the fund’s size remains modest. Cyber Hornet reported net assets of approximately $540,000 as of September 9, showing that broader institutional adoption may take time.
ETF TickerExposureNet Assets (as of Sept. 9)Key ComponentsXXX75% S&P 500, 25% XRP$540,000Nvidia, Microsoft, Apple, Amazon, XRPCyber Hornet’s new fund places XRP directly beside leading US stocks, offering an innovative route for investors seeking exposure to both equities and digital assets within a single portfolio.
Crypto analyst ChartNerd has issued a new technical forecast for XRP, outlining two bearish scenarios that could play out in the fourth quarter. With XRP recently trading near $1.56 and hovering directly at its 50-week exponential moving average (EMA), ChartNerd considers this point significant for determining the asset’s next move.
The two main scenariosAccording to ChartNerd’s analysis, the first scenario projects a rejection between $1.50 and $1.60, which aligns closely with the 50-week EMA. In this outcome, XRP would fail to reclaim this moving average, leading to a loss of momentum and a likely retracement as Q4 progresses.
The second scenario envisions a short-term rally that pushes XRP into the $1.80 to $2 range. In this case, the price would retest what served as a key support floor during 2025. However, this former support would now act as resistance, prompting a deeper pullback as the fourth quarter unfolds.
Despite their differences, both scenarios conclude with XRP entering a period of price decline. The divergence lies in how far the token might climb before the anticipated drop begins.
ChartNerd expects one of two outcomes for XRP: either a rejection at the 50-week EMA between $1.50 and $1.60 with a subsequent retrace in Q4, or a move into the $1.80 to $2 range to retest the 2025 support floor, followed by a deeper pullback in Q4. In both cases, lower prices are projected in the coming weeks.
Technical picture and price historyThe current chart spans price movements from the start of 2025 through a prospective decline into late 2026. XRP reached a peak of $3.65 in July 2025 before falling sharply to a near-term low around $1 in August. Technical levels highlight two critical zones: a lower band close to $1.55, reflecting the potential rejection area, and an upper band near $2, which represents the likely resistance if a rally occurs.
The chart also displays a white moving average line that slopes downward, reinforcing the bearish structure. Both predicted scenarios show a convergent downward path as the fourth quarter advances.
Analyst’s previous calls and market contextChartNerd’s recent projections have drawn attention due to his accurate bearish outlooks in past cycles. Earlier in 2025, when many analysts favored bullish targets for XRP, ChartNerd publicly predicted a decline beneath $1. That forecast materialized in August, bolstering his credibility among active traders and reinforcing his reputation for identifying contrarian movements.
Some market participants remain optimistic on XRP’s long-term trajectory. In response to a bullish challenge from a commenter, ChartNerd acknowledged the case for sustained growth and pointed to his own projections calling for double-digit prices and a $27 target for 2030. Nevertheless, he continues to warn that short-term volatility and downward price swings are likely before any long-term upside can resume.
Tools for tracking real-time movesBecause critical resistance and support levels such as those at $1.50 and $2 may influence swift market shifts, comprehensive monitoring tools have become valuable for traders seeking an edge. In a market where a single Fed decision or a sudden altcoin listing can change everything in seconds, jumping between different apps for charts, news, and portfolio tracking is costing investors money. Smart traders are now utilizing privacy-first tools like CryptoAppsy to consolidate everything. Without even the hassle of creating an account, you get real-time charts, smart price alerts, coin-specific news, and critical macro data all on one screen.
XRP’s projected direction depends on whether the current levels hold or whether the token rallies into resistance before retracing. Both paths suggest increased short-term caution for traders, while longer-term optimism persists for some analysts.
The next several weeks will reveal which scenario ultimately plays out. A push above $1.60 toward $2 may offer brief upside, but both paths indicate potential weakness for XRP into Q4. As always, analysts urge investors to monitor technical signals and upcoming events closely before making significant portfolio changes.
XRP has attracted renewed attention in the market following a surge of inflows into US spot XRP exchange-traded funds, with the digital asset trading just above $1.50.
ETF inflows support XRPBetween September 22 and September 24, spot XRP ETFs in the United States registered net inflows totaling $52.95 million. These include a $9.91 million inflow to the Bitwise XRP ETF on September 24 and a $4.98 million addition to the Franklin XRP ETF during the same period.
These inflows arrive after a phase of relatively low activity and are seen as a revival in demand for regulated XRP investment vehicles. Recent filings indicate expanding ETF product offerings, such as the Ultra XRP ETF by ProShares, which is among the suite of cryptocurrency-focused ETFs now available in the US.
ProShares is a well-known asset manager specializing in exchange-traded funds that give investors structured exposure to various asset classes.
Mini dictionary: ProShares, a leading US ETF provider, manages a wide range of products including cryptocurrency ETFs, such as Ultra XRP ETF (UXRP), which offers leveraged exposure to the daily movements of the Bloomberg XRP Index.
XRP spot ETFs in the US recorded $52.95 million in combined net inflows between September 22 and September 24, led by products from Bitwise and Franklin, highlighting rising investor demand for regulated XRP access.
Technical signals and key price levelsXRP’s price recently pulled back from a high of $1.63 and is now preparing to close the week near its 50-week exponential moving average. The digital asset is currently trading at $1.54, with a 24-hour trading volume of $5.18 billion and a market capitalization of $96.83 billion. Over the last 24 hours, XRP has declined by 1.89%.
Analysis indicates that the price is consolidating within the $1.50 to $1.60 zone, which has become a focal point for market participants. ChartNerd, an independent market analyst, described the $1.55 mark as a significant liquidity level, noting that the price has recently crossed liquidity from the previous trading session. Neutral funding rates and a reduction in trading volume over the weekend have also been observed around these levels.
A look at technical indicators shows the middle, upper, and lower Bollinger Bands for XRP stand at $1.41871, $1.60015, and $1.23727, respectively. XRP is trading between the middle and upper bands. The MACD indicator remains positive, with the MACD line at 0.05898, the signal line at 0.04501, and a histogram value of 0.01397.
IndicatorLevel/ValueCurrent Price$1.54Volume (24h)$5.18 billionMarket Cap$96.83 billionSupport$1.50Resistance$1.60, $1.63Bollinger BandsLower: $1.23727, Middle: $1.41871, Upper: $1.60015MACDMACD: 0.05898, Signal: 0.04501, Histogram: 0.01397If XRP advances above $1.60, the next resistance sits at $1.63. A decline below $1.50 would increase pressure on the lower end of its trading range. Market observers continue to watch the $1.55 area as a key liquidity zone, while the upper range remains capped by resistance at $1.60.
ChartNerd emphasized the importance of the $1.55 liquidity level and the neutral funding environment amid subdued weekend volume, underscoring a stable price range from $1.50 to $1.60.
Leveraged ETF developmentsProShares’ Ultra XRP ETF (UXRP) is designed to provide investors with leveraged exposure equivalent to twice the daily movement of the Bloomberg XRP Index. Unlike spot ETFs, UXRP is a leveraged product, which means its returns can differ significantly from holding XRP directly.
UXRP adds another dimension for those seeking aggressive exposure to XRP price movements within a regulated ETF structure.
Recent SEC filings indicate that ProShares has registered both a standard XRP ETF and the leveraged UXRP fund, but these are not currently offered for trading. Market participants are closely monitoring these developments as the US ETF landscape for digital assets continues to evolve.
The interplay of regulated investment flows and critical technical levels has placed XRP in the spotlight as traders await the next decisive move outside the current consolidation zone.
Ripple [XRP] has been getting a lot of love from ETF investors lately. However, there’s two sides to every story, and traders are on the other end of the tale.
What gives?
Six months in the green for XRP ETFs Monthly net inflows have stayed green for half a year now, per SoSoValue. August was the biggest of the lot at $159.18 million.
September has added another $117.44 million so far. That brings total net assets to $1.77 billion.
Source: SoSoValue Now here’s the catch.
Source: CryptoQuant Over on the futures side, CryptoQuant’s 90-day taker CVD showed sell-dominance earlier in the month.
It’s been bleeding red ever since.
Source: CryptoQuant Funding rates have, for the most part, been positive. However, they fell massively into the deep red for a few times since late August. A look at the numbers will show dips as low as -0.018 in mid September.
While most traders still lean long, short bets keep popping up like weeds.
XRP active addresses rise, and so do reserves Traders might be split, but the XRP ledger itself has been bustling.
Active addresses rose to 29.9K, per CryptoQuant. That’s the highest in half a year, and a king’s leap from the 10.7K of mid-September. For most of June to August, the number moved between 12.5K and 17.5K.
Source: CryptoQuant But here’s the other POV.
Reserves on Binance have also been going up, now at 2.695 billion XRP. But what does that have to do with anything?
Source: CryptoQuant More XRP on exchanges means more coins to be sold. The network is awake, and there’s more supply on the sell side.
If you add the red CVD to that, holders are maybe ready to cash in on the bounce.
Where do we go from here? First things first, a key data point to watch, is whether ETFs stay green in the following months. If that sustains, that’s steady demand.
Next, the CVD. A change back to neutral or buy-dominant would mean futures traders are finally on board.
Finally, if Binance reserves keep rising while active addresses slow, sell pressure could win out.
Final Summary XRP ETFs have been in the green for half a year now. Futures CVD has turned sell-dominant and XRP ledger activity has increased.
XRP has maintained a months-long compression within a defined technical structure on its 3-day price chart. Crypto investor and market analyst Gordon (@GordonGekko) has drawn attention to the setup, projecting a potential rally to $3.30. With XRP currently trading at $1.55, the forecasted move would represent an increase of over 110% from present levels.
The falling wedge structureRecent analysis highlights a classic falling wedge pattern on XRP’s chart, where two descending trendlines confine the price, producing lower highs and lower lows. The upper line marks declining peaks, while the lower one links consecutive troughs. This tightening formation suggests diminishing selling pressure as each new low occurs with reduced momentum.
A breakout above a falling wedge’s upper trendline is traditionally seen as a bullish reversal. Traders view this event as a potential signal that buyers are regaining control. On the current chart, the pattern’s circled highs and lows capture the structure, with the price now situated near the wedge’s lower boundary, close to potential technical support.
The falling wedge pattern signals that sellers are losing strength. As price compresses, momentum slows, and a break above the upper trendline is what many consider a clear indication that bulls could take charge.
Market participants closely monitor these technical signals for potential trading opportunities, especially given the tightening range and the possibility of a decisive move.
$3.30 as a significant targetGordon’s price target of $3.30 carries both technical and psychological relevance. XRP has not consistently held above $3 since October 2025, making a return to this level a notable milestone. A push to $3.30 would also bring the asset closer to its all-time high of $3.65, reducing the gap and potentially establishing bullish momentum if trading volumes increase after any breakout.
Gordon points to $3.30 as the next level of interest, as reclaiming this price would return XRP to a zone it has not occupied in several months and could set the stage for further advances if momentum persists.
If market conditions support the move, the $3.30 target may serve as the first step towards further gains, provided buyers continue to support higher price action.
Momentum and broader market activityTechnical indicators such as the RSI have recently trended higher, approaching the upper bounds of the range visible on the multi-month chart. This movement suggests shifting momentum, corresponding with the narrowing of XRP’s price action inside the wedge pattern.
XRP continues to trade at $1.55, with the longer-term 3-day chart offering a clearer perspective on the consolidation and potential breakout. While short-term volatility remains, market observers are focusing on a confirmed breakout above the upper trendline as a key trigger for larger moves.
The importance of closely monitoring both price patterns and broader trading activity is increasingly recognized in the digital asset space. In the meme token market, for example, an internet trend has the potential to generate millions of dollars in volume within just a few days. Recent data from Fomo App showcases this dynamic: a trade involving “Niu Lai” transformed a $99 purchase into an estimated $370,000. Keeping an eye not only on prices but also on the timing and selection of tokens by investors is essential in these rapidly-evolving markets. Fomo App brings together tools for token discovery, trading, social interactions, investor rankings, and trade alerts, enabling users to follow meme tokens alongside investor behavior in real time.
As always, participants are advised to watch for clear technical signals and to approach the evolving market landscape with diligence and caution.
Digital Asset Investor, an influential figure within the XRP community, has made bold assertions about the cryptocurrency’s upcoming cycle. He warned that most people are unprepared for what he described as the “bull run of bull runs,” emphasizing the unprecedented scale he expects for XRP’s next market rally.
The next wave: Unprecedented bullish outlookThis outlook emerged in response to comments from Dom Kwok, co-founder of EasyA, who claimed, “The next bull market is going to be the biggest we’ve ever seen.” Digital Asset Investor agreed with Kwok but insisted that the surge would be the biggest “by a freaking long shot.”
He addressed his followers directly, declaring that the upcoming XRP rally would surpass previous cycles by a wide margin. Using vivid language, he told his audience to be ready for a market phase that will exceed all expectations.
Kwok set high expectations for XRP, and Digital Asset Investor raised them further. He insists the upcoming XRP rally will operate on “a different level than anything the market has previously experienced,” urging followers to “lock in.”
Digital Asset Investor has repeatedly voiced strong confidence in XRP, previously supporting Kwok’s long-term projection of a $1,000 price target by 2030, which he called reasonable given persistent bullish indicators and structural trends in the market.
Structural and macro factors at playThe analysis supporting this conviction extends beyond short-term trading sentiment. Digital Asset Investor pointed to XRP’s market capitalization of approximately $92 billion and compared it to the size of other global asset classes. He highlighted physical gold at $17.5 trillion, global equities near $118 trillion, real estate at roughly $395 trillion, and derivatives at a notional value of $715 trillion.
He contended that mass tokenization could potentially move a fraction of this liquidity onto blockchain networks, making XRP’s current market size appear modest. This argument underscores his view that structural shifts, rather than isolated events, are likely to drive significant price movements in XRP’s future.
In an environment where a single Federal Reserve announcement or an unexpected altcoin listing can trigger swift market shifts, traders often struggle to keep pace while juggling multiple applications for market data, news, and portfolio management. Many now turn to privacy-focused solutions like CryptoAppsy, which offers real-time charts, price alerts, targeted news, and macroeconomic data—all accessible without registering an account—enabling traders to make faster decisions across volatile markets.
The S-curve theory and rapid adoptionKwok explained that the crypto sector could mirror the technology adoption S-curve he studied at Wharton. According to this model, new technologies attract users gradually at first before reaching a “critical mass,” at which point adoption accelerates rapidly due to network effects.
He applied this theory to crypto markets and suggested that if adoption accelerates as the S-curve predicts, demand for XRP could quickly surpass available supply, driving prices sharply higher in a condensed timeframe. Kwok stated that the resulting price explosion “will skyrocket all at once,” instead of climbing gradually.
Applying the S-curve theory, Kwok has argued that crypto adoption may accelerate rapidly, causing significantly increased demand and the possibility of sudden price surges as supply tightens.
Digital Asset Investor encouraged XRP holders to prepare for substantial market shifts. He believes that current conditions are primed for a dramatic surge and advises market participants to take a proactive stance as the next phase approaches.
Ripple’s RLUSD has reached a circulating supply of about 2.49 billion tokens as the value of stablecoins on the XRP Ledger has risen roughly 6% in a week.
Summary
CoinMarketCap places RLUSD’s circulating supply near 2.49 billion tokens, up from the $2 billion milestone Ripple reported in August. DefiLlama data cited in the source report puts XRPL stablecoins near $1.19 billion, led by RLUSD. RLUSD is issued across several networks, so its total supply exceeds the amount held on XRPL. Standard Custody issues the dollar-pegged token under New York state supervision. CoinMarketCap data places RLUSD’s circulating supply at approximately 2.49 billion tokens and its market value close to $2.5 billion. The stablecoin trades near $1, so the increase in market value comes mainly from more tokens in circulation, rather than a rise in its price.
Ripple said RLUSD had crossed $2 billion in market value in late August. At the time, close to $1 billion had been issued on the XRP Ledger, according to the company. The latest total puts circulation roughly $490 million above that milestone, though tracker readings can differ by snapshot time and by how they count tokens across networks.
The XRPL figures describe a smaller pool. DefiLlama data cited in the source report placed all stablecoins on the ledger at approximately $1.19 billion, up about 6% over seven days and 11% over 30 days. About $1.10 billion of that amount was attributed to RLUSD, giving Ripple’s token more than 92% of the ledger’s tracked stablecoin supply.
RLUSD supply has grown beyond its August milestone Ripple launched RLUSD in December 2024 as a dollar-pegged token for payments and other financial transactions. The company first issued it on the XRP Ledger and Ethereum and has since listed additional supported networks in its documentation.
When RLUSD passed $2 billion in August, Ethereum held slightly more of the token than XRPL. As crypto.news reported at the time, on-chain figures put about $963 million on XRPL and $1.05 billion on Ethereum. Ripple described the ledger’s share as close to $1 billion.
The current XRPL figure of about $1.10 billion points to further issuance on Ripple’s home ledger. It also means that well over $1 billion of the roughly $2.49 billion total remains on other supported networks. The figures should be kept separate: RLUSD’s total circulating supply counts the token wherever it has been issued, while the XRPL stablecoin total counts dollar tokens on that ledger.
Institutional clients have a direct route to create and redeem the token through Ripple Mint. Ripple introduced the service in July with an interface and API for eligible clients to manage RLUSD operations. The company presents it as a way to fit stablecoin issuance into existing treasury and payment systems.
Ripple has also identified corporate treasury payments as a possible use for RLUSD. In September, the company pointed to clients handling an estimated $13 trillion annually, according to earlier treasury coverage. That figure describes the payments handled by potential clients; it is not a measure of transactions already settled in RLUSD.
XRP Ledger stablecoins remain concentrated in RLUSD DefiLlama’s XRPL total puts other stablecoins on the network at roughly $90 million after subtracting the reported $1.10 billion in RLUSD. The estimate depends on the timing of each tracker reading, but it shows the size of Ripple’s token relative to the ledger’s other dollar assets.
For XRPL users, RLUSD provides a dollar-denominated asset that can move on the same ledger as XRP. Ripple’s documentation describes the stablecoin as redeemable for U.S. dollars through its issuer’s arrangements. XRP serves a different role as the ledger’s native token and is used to pay network fees.
The difference matters when assessing what the new supply means for XRP holders. More RLUSD on XRPL can produce additional ledger activity, but it does not require holders of the stablecoin to buy an equivalent value of XRP. A September report on XRP examined the two assets’ separate price and usage trends as RLUSD grew past $2.3 billion.
Ripple has described RLUSD uses that include payments, trading collateral and tokenized assets. In August, it joined Clearpool and Cicada on a planned institutional credit fund denominated in RLUSD. The proposed credit fund was still under development when announced, and its planned size had not been disclosed.
New York oversight governs RLUSD’s reserves In the United States, RLUSD’s issuer is Standard Custody & Trust Company, a Ripple subsidiary chartered as a limited-purpose trust company by the New York State Department of Financial Services. Ripple says the tokens are backed by cash and permitted cash equivalents held in segregated reserve accounts.
According to Ripple’s transparency disclosures, the company publishes monthly third-party attestations of the assets backing RLUSD. Those reports show reserves and circulation at a specified date, while market trackers update their supply estimates more frequently. Ripple selected BNY in 2025 as the primary custodian for RLUSD reserves.
Ripple’s terms state that RLUSD is not an insured bank deposit. For U.S. holders, redemption rights and the assets in reserve therefore depend on the issuer’s arrangements and applicable oversight, rather than Federal Deposit Insurance Corporation coverage.
Separately, the Federal Reserve released two proposed rules on Sep. 24 to implement parts of the GENIUS Act for issuers under its supervision and for insured state member banks seeking to issue payment stablecoins through subsidiaries. The Fed’s proposed rules cover permitted reserves, capital, risk controls, and bank applications. Public comments are due 60 days after the proposals appear in the Federal Register.
The recently enacted GENIUS Act could drive new growth in RLUSD adoption and enhance usage of the XRP Ledger, according to cryptocurrency researcher SMQKE. The claim centers on legislative changes to stablecoin regulation in the United States and the resulting impact on both RLUSD and XRP transaction activity.
SMQKE connects GENIUS Act to RLUSD adoptionSMQKE released a document on social platform X outlining how the GENIUS Act may affect the position of RLUSD and XRP in the stablecoin market. The legislation establishes standards for stablecoin reserves, licensing, and interoperability, aiming to increase oversight for payment-focused stablecoins used in financial markets.
President Donald Trump signed the GENIUS Act into law on July 18, 2025. The US Treasury Department stated that the act creates a federal regulatory structure for stablecoin issuers operating within the country.
The researcher’s analysis suggests the act’s compliance requirements could bolster financial institutions’ trust in RLUSD, a stablecoin issued by Ripple. The document claims that with improved transparency, RLUSD could attract more adoption from banks and payment companies seeking regulated stablecoin options.
Ripple, a US-based blockchain company known for cross-border payments technology, currently issues RLUSD on both the XRP Ledger and Ethereum. Ripple has emphasized that each RLUSD token is fully backed by a reserve comprised of cash, cash equivalents, and other approved assets.
Mini dictionary: RLUSD, a stablecoin developed and issued by Ripple, maintains a fixed value of one US dollar and is supported by various reserves. RLUSD is available on the XRP Ledger, Ethereum, and potentially other networks, targeting use cases in payments and settlements.
“Yes, the GENIUS Act will amplify XRP’s use case. This is documented below.”
RLUSD transactions use XRP for feesThe document further links the expected growth in RLUSD adoption to demand for XRP within the XRP Ledger ecosystem. On XRPL, every transaction requires users to destroy a small amount of XRP as a network fee. The base transaction cost is currently set at 10 drops, but it can rise during periods of high congestion. Burned XRP is permanently removed from the overall supply, rather than distributed to validators or other parties.
Transaction TypeFee (in XRP)Fee RecipientStandard XRPL transaction10 drops minimumPermanently destroyedIncreased XRPL demandVariable, higher during congestionPermanently destroyedSMQKE argued that as more RLUSD transactions occur on the XRP Ledger, they could lead to additional XRP being burned as transaction fees. The researcher noted this effect would be most pronounced if RLUSD becomes widely used for cross-border payments or daily transactions.
However, a respondent identified as TipTopJester questioned the scale of this impact, pointing out that each RLUSD transaction only consumes a minor amount of XRP. The commenter acknowledged regulatory support from the GENIUS Act could foster RLUSD’s competitiveness but maintained that the magnitude of XRP burned relative to total circulating supply would be limited.
SMQKE’s analysis draws attention to regulatory clarity, stablecoin compliance, and the possible ripple effect on XRP transaction volumes, but the ultimate scale of these impacts remains uncertain.
The XRP and RLUSD distinctionIndustry observers continue to distinguish between XRP, the native asset of the XRP Ledger, and RLUSD, which is issued as a dollar-backed stablecoin for transactional use. Ripple documentation explains that while XRP enables decentralized value transfers and acts as the ledger’s core asset, RLUSD is designed for payments and settlements with one-to-one dollar parity.
SMQKE’s position highlights that any uptick in stablecoin adoption—particularly for RLUSD—resulting from regulatory reform could generate more XRP fee burns via transaction activity. While the researcher portrays potential technical and market synergies, they stop short of projecting any specific levels of increased XRP demand.
Current analyses reflect that additional regulatory clarity is generally viewed as supportive for both stablecoin adoption and related payment networks, but market participants await observable data to gauge the full scope of the GENIUS Act’s effects on the broader ecosystem.
The XRP Ledger, originally launched by Ripple to enable fast value transfers, is undergoing a significant transformation driven by three new developments: the issuance of the RLUSD stablecoin, the programmability of XRP through FXRP, and the forthcoming expansion of onchain lending capabilities.
Stablecoin Settlement Expands on XRP LedgerRipple has reported that RLUSD, the stablecoin issued on both Ethereum and the XRP Ledger (XRPL), has reached approximately $2.4 billion in circulation. As of September 3, the supply is reportedly backed by $2.52 billion in reserve assets, according to Ripple’s latest transparency disclosures.
Unlike XRP, which has experienced notable price volatility, RLUSD introduces a settlement token tied to the US dollar. This new option allows institutions to transfer value and settle transactions on-chain while minimizing exposure to market swings.
Ripple has deployed RLUSD on both Ethereum and XRPL, enabling liquidity to move across networks and building interoperability. Data from Coinpaper illustrates how RLUSD supply can be distributed dynamically between the two chains, showing that Ripple’s approach is multi-ecosystem rather than exclusive to XRPL.
Ripple maintains RLUSD reserves above circulating supply, supporting stable value transfer for payments, tokenized assets, and future credit markets on-chain.
Despite these developments, XRP continues as the native currency for transaction fees and reserve requirements on the XRP Ledger.
FXRP: Unlocking Programmable Use Cases for XRPFlare Network, a blockchain focused on data-driven smart contracts, has enabled new utility for XRP holders through FXRP. According to Flare’s latest updates, approximately 145.2 million FXRP tokens have been created, with 130 million currently deployed across decentralized finance (DeFi) platforms. An additional 21 million FXRP has been bridged to external chains using LayerZero infrastructure.
FXRP is not a native asset on the XRP Ledger; rather, it is issued on Flare and other connected networks. The underlying XRP collateral, however, stays on XRPL while Flare’s system manages its corresponding FXRP supply.
Recent analysis of FXRP usage shows nearly 90% of its supply is active in DeFi strategies such as lending, collateralization, and vault services.
FXRP enables XRP to participate in smart contracts and DeFi without leaving the XRP Ledger, enhancing programmability and ecosystem interaction.
This approach allows XRP to benefit from programmable features without compromising XRPL network integrity or control over the underlying asset.
Mini dictionary: Flare Network is an EVM-compatible blockchain designed to enable trustless interoperability and real-world data integration for smart contracts, expanding asset programmability beyond their native chains.
Native Lending Protocol Nears XRPL MainnetEnhancements to the XRP Ledger continue with the 3.4.0 release, which introduces the codebase for LendingProtocolV1_1. This protocol includes closed-ended vaults, single-asset funding, and cash-basis accounting, reflecting a more institutional approach to onchain credit.
The system is designed for fixed-term, uncollateralized lending, with borrower risk assessment provided externally, rather than by the protocol itself. While this new lending functionality awaits full activation, it marks a step toward bringing credit operations directly on-chain with XRP Ledger infrastructure.
Ripple, along with partners such as Clearpool and Cicada, is already working to develop institutional credit markets utilizing RLUSD stablecoin, setting a foundation for future capital market activities around the XRPL ecosystem.
LendingProtocolV1_1 still needs to complete the XRP Ledger’s governance process before it becomes operational on the main network. Observers note that these developments do not replace XRP’s original payment use case, but instead increase the diversity of financial activity anchored on the ledger.
XRP surged 7.7% on September 18, rallying from about $1.30 to $1.40 and briefly touching $1.41 after Bitwise Asset Management submitted a fresh filing connected to its XRP ETF with the Securities and Exchange Commission.
Despite widespread attention, the new paperwork did not mark the regulatory approval of a brand new exchange-traded fund. Bitwise, a well-known digital asset manager, provided a Post-Effective Amendment No. 2 for its already active Bitwise XRP ETF. The SEC’s public filing described the update as a preliminary prospectus dated September 18 and made clear the product’s documents are still “subject to completion.”
A crucial detail noted by market observers is that Bitwise’s filing pertained to an existing product, rather than an application for the first XRP ETF by the company. Some sources emphasized that headlines announcing Bitwise was “filing for an XRP ETF” failed to accurately capture the true scope of the event.
XRP’s gain on September 18 followed Bitwise’s update to a current XRP ETF, not a completely new application, according to details from the official SEC documents and historical fund records.
Details about the Bitwise XRP ETFAccording to the filing, the Bitwise XRP ETF trades on the NYSE Arca under the ticker XRP. The fund’s stated goal is to provide investors with exposure to XRP held by the trust. Accounting consents within the document reference financial statements dating back to November 19, 2025, confirming that the fund was already operating before the recent amendment.
Bitwise Asset Management is a San Francisco-based firm specializing in crypto index funds and exchange-traded products, aiming to deliver digital asset exposure to institutional and retail investors.
Mini dictionary: NYSE Arca, a US-based electronic securities exchange known for listing stocks, options, and a wide range of exchange-traded funds (ETFs).
XRP price movement and ETF inflowsMarket history shows XRP opened the day near $1.30, hit an intraday high around $1.41, and closed at about $1.40, recording a 7.69% gain. This rally came in the middle of a volatile period for the asset. Three days prior, XRP had slipped to $1.28 after trading above $1.42, before mounting a recovery that gained speed on September 18. By September 21, XRP reached approximately $1.53.
Meanwhile, US XRP ETF products had already gathered about $1.7 billion in historical net inflows as of September 17, despite XRP trading well below its all-time peak. Research group Coinpaper recently highlighted this divergence between robust ETF demand and XRP’s subdued price levels.
Cover image via depositphotos.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
Cryptographer Nik Bougalis, who led the development of key XRP Ledger protocols for nearly a decade, has officially returned to work on the project's source code.
One of the clearest indicators of the event's significance for the industry was the endorsement of Ripple CTO Emeritus David Schwartz. Schwartz, who has stepped away from active development, briefly commented on his colleague's return on X.
There are good reasons for such an emotional gesture from the blockchain's co-creator. Schwartz previously said publicly that the only thing that could make him interrupt his own break and return to coding would be the chance to work alongside Bougalis again.
"I'm back, baby" What exactly is Bougalis rewriting in the ledger, and why is it needed?Bougalis marked his return in the code itself by opening pull request PR #8300 in the official XRPLF/rippled repository, under the tongue-in-cheek title "I'm back, baby."
Nik Bougalis opens GitHub PR #8300 to modernize low-level utility types in the rippled repository, Source: nbougalis / GitHubThis is more than a symbolic return. It is a deep, low-level modernization of the network's core. Bougalis's proposed changes aim to significantly improve security and optimize the ledger's performance:
BaseUInt refactoring: Moving foundational data types to use 64-bit elements wherever the architecture allows.Addressing vulnerabilities: Removing unsafe raw pointers and unchecked runtime constructors entirely.Result for the ecosystem: Improving code safety at compile time, which directly helps protect the network from failures under critical loads. You Might Also Like
Nik Bougalis is a Ripple veteran, the company's eighth employee, and the author of key cryptographic patents for the platform. He left the project in 2022 and served as CTO of the Algorand Foundation in 2025. His return to XRPL coincides with sweeping structural changes across the industry.
H. Ayo Akinyele, head of engineering at RippleX, has already confirmed that Bougalis has been brought in to tackle ambitious next-generation technology challenges.
As real-world assets (RWA) are integrated into XRPL and the U.S. regulatory landscape continues to change, the return of a specialist of his caliber restores the ecosystem's main advantage: a strong, proven engineering tradition.
XRP long-term cup-and-handle structure is drawing attention as analysts assess support levels, Fibonacci extensions, and whether the pattern can confirm a broader breakout.
XRP’s multi-year cup-and-handle structure is being used to outline Fibonacci extension levels near $8, $13 and $27, while much higher $750-$1,000 projections based on the same pattern have been rejected as inconsistent with the chart’s measured Fibonacci structure.
Chart analyst ChartNerd said the long-term formation does not support a $750-$1,000 XRP target through the Fibonacci levels used in his analysis. Instead, his latest chart identifies extension levels at approximately $8.47, $13.70 and $27.31.
The projections correspond to the 1.272, 1.414 and 1.618 Fibonacci extensions, respectively.
XRP’s multi-year cup-and-handle structure highlights potential support near $0.894 and $0.642, while Fibonacci extension levels place conditional upside targets at approximately $8.47, $13.70, and $27.31. These levels represent technical projections rather than confirmed price outcomes. Source: ChartNerd analysis | Chart: The Crypto Basic. XRP Chart Shows 8.5-Year Cup-and-Handle Structure The chart maps an approximately 8.5-year cup-and-handle formation, beginning around XRP’s 2018 price peak and extending through the current market structure.
Under this interpretation, the rounded cup has already formed, while the decline following XRP’s 2025 peak represents the developing handle.
The latest chart places XRP near $1.47, with the handle still trading above two marked Fibonacci support levels. The first is the 0.5 retracement at approximately $0.894, while the 0.618 level sits near $0.642.
These levels are presented as potential support areas rather than confirmed future lows.
An earlier version of the analysis specifically highlighted the $0.89 region, noting that the 0.5 Fibonacci retracement overlapped with longer-term technical support.
Gaussian Channel Retest Remains Part of the Setup The long-term chart also tracks repeated interactions with a Gaussian Channel.
Previous marked retests occurred during XRP’s broader multi-year structure, including the 2017 cycle low and three additional retests inside the subsequent cup formation. The current handle is positioned above another potential interaction with that channel.
In the May analysis, the handle was described as potentially seeking another Gaussian Channel retest before establishing a longer-term bottom.
The chart therefore separates two stages: first, the completion of the handle and identification of support; second, a potential breakout from the long-term structure.
Fibonacci Extensions Place Highest Level Near $27 If XRP eventually completes the handle and confirms a breakout, the displayed Fibonacci extensions are:
1.272 extension: approximately $8.47 1.414 extension: approximately $13.70 1.618 extension: approximately $27.31 These levels are technical projections, not confirmed price outcomes or deadlines. The chart extends the potential move over several years and does not indicate that XRP must first fall to $0.89 or $0.64.
The analysis therefore places the measurable cup-and-handle extension range between roughly $8 and $27, rather than the $750-$1,000 targets attributed to alternative versions of the pattern.
XRP enters the weekend near $1.54 after last week’s double-digit rebound, with a repeat of that move mathematically pointing toward the $1.76-$1.81 range.
XRP is entering another weekend near $1.54 after the previous weekend was followed by a sharp multi-day recovery that carried the cryptocurrency above $1.60. Historical price data shows that the latest setup begins from a considerably higher level than last Saturday.
XRP was trading at approximately $1.54 on Saturday, September 26, according to CoinMarketCap. The asset had a market capitalization of about $96.85 billion, while 24-hour trading volume stood at $6.73 billion, up roughly 40.5% over the preceding day. Its 24-hour trading range extended from approximately $1.54 to $1.62.
XRP entered the September 26 weekend near $1.54, after the previous weekend’s move from a $1.3695 Sunday low to a $1.6071 Tuesday high, a gain of about 17.3%. A mathematically similar increase from $1.54 would place XRP near $1.81, while a 14% repeat would put it around $1.76. These are historical comparisons, not price forecasts. Source: CoinMarketCap and Investing.com | Chart: The Crypto Basic. XRP Rose Sharply After Last Weekend Historical data shows that XRP closed at approximately $1.4103 on Saturday, September 19, after trading between $1.3954 and $1.4529 during the session. The cryptocurrency subsequently fell as low as $1.3695 on Sunday, September 20, before momentum shifted higher.
On Monday, September 21, XRP climbed 8.9%, closing at approximately $1.5363 after reaching an intraday high of $1.5731. The advance continued on Tuesday, when XRP traded as high as $1.6071 and ended the session around $1.5725.
From Sunday’s $1.3695 low to Tuesday’s $1.6071 high, XRP gained approximately 17.3%. Measured from Saturday’s $1.4103 close to Tuesday’s peak, the increase was approximately 14%.
The rally briefly extended further on Wednesday, September 23, when XRP reached approximately $1.6556, although it subsequently closed lower at $1.5011.
Current Weekend Starts From a Higher Base The present weekend differs from the previous one in price terms. XRP currently trades around $1.54, compared with roughly $1.41 at the previous Saturday close and the subsequent $1.37 Sunday low.
Current CoinMarketCap data also shows XRP already tested $1.62 within the latest 24-hour period, placing that area back in focus as an immediate overhead price level.
Last weekend’s price sequence demonstrates that XRP recorded a double-digit move over the following several sessions. It does not establish that the same weekend-to-weekday pattern will repeat. The measurable factors heading into the current weekend are XRP’s approximately $1.54 price, $1.62 recent high, and elevated $6.73 billion in 24-hour trading volume.
If XRP repeats last weekend’s move from its current price near $1.54:
A 14% increase would put XRP at about $1.76. A 17.3% increase would put XRP at about $1.81. So, based purely on the size of last weekend’s rally, the comparable range would be roughly $1.76 to $1.81.
This is a mathematical comparison with the previous move, not a price forecast.
Cryptographer Nik Bougalis, widely recognized for his pivotal contributions to the XRP Ledger, has rejoined active development on the project’s source code after an absence of nearly two years.
Ripple leadership welcomes Bougalis’s comebackRipple‘s engineering community showed strong support for Bougalis’s return. David Schwartz, who previously held the position of CTO at Ripple, expressed his appreciation on X after learning that Bougalis would once again contribute to the XRP Ledger. Schwartz had once suggested that the opportunity to collaborate with Bougalis might be the only reason he would consider coming back to coding.
H. Ayo Akinyele, head of engineering at RippleX, also acknowledged that Bougalis’s expertise was essential for tackling upcoming technological challenges.
RippleX’s head of engineering described Bougalis as a key figure in addressing next-generation technology initiatives as the industry advances.
Technical focus: Security and performance improvementsBougalis marked his official comeback by submitting pull request PR #8300 to the XRPLF/rippled repository under the name “I’m back, baby.” This submission is not merely symbolic; it introduces significant technical upgrades targeting some of the ledger’s foundational components.
Highlights of his proposed changes include refactoring the BaseUInt data type to utilize 64-bit elements when the platform architecture permits, and the removal of potentially hazardous raw pointers and unchecked runtime constructors. The main objective is to enhance the code’s safety at compile time, ultimately protecting the network against failures during periods of heavy use.
Bougalis’s changes are designed to improve security and optimize system performance by directly addressing vulnerabilities in the ledger’s core code.
Bougalis, eighth to join Ripple in its early years and inventor of several key cryptographic patents, stepped away from the project in 2022 and later served as CTO at the Algorand Foundation in 2025. His return to XRPL occurs as the broader blockchain landscape faces significant structural transformations.
XRPL adapts to ongoing industry shiftsThe XRP Ledger is now preparing for further integration of real-world assets (RWA), while also adapting to evolving U.S. regulatory requirements. Bougalis’s deep technical background and reputation for setting industry standards in secure protocol design highlights Ripple’s ongoing commitment to robust engineering.
Alongside these core advancements, monitoring market trends and new token launches remains crucial for developers and investors. For instance, the meme token market frequently witnesses internet trends turning into substantial capital flows. Recent data from Fomo App highlights a notable case where an initial $99 purchase of “Niu Lai” transformed into about $370,000. This example illustrates the value of not just tracking prices, but also understanding investor timing and token selection. Fomo App responds to these needs by combining token discovery, live trading features, social feeds, investor leaderboards, and real-time notifications for a comprehensive user experience.
The partnership between veteran developers and new market tools signals a period of innovation and renewed focus for the XRPL ecosystem, with technical and community-driven growth on the horizon.
Peter Brandt distinguishes XRP from Bitcoin, acknowledging XRP’s low-cost transactional utility while questioning whether that use alone justifies a higher market valuation.
Veteran trader Peter Brandt has reiterated his skeptical view of XRP while acknowledging that the crypto can be used effectively and cheaply for transactions. His latest comments focused on whether XRP’s transactional utility necessarily translates into a higher market valuation.
Brandt discussed XRP during a recent appearance on Cointelegraph’s Trade Secrets. After describing Bitcoin primarily as a store-of-value asset, he contrasted it with XRP, which he characterized as a utility-focused cryptocurrency.
During the discussion, he referred to XRP dismissively as a “fool coin,” but subsequently acknowledged its practical transactional capabilities.
When asked whether his view had changed amid Ripple’s expanding partnerships and progress, Brandt focused on XRP’s supply and transactional use.
He said XRP “can be used and it can be effectively used for transactional purposes cheaply.” However, Brandt argued that an asset being useful for transactions does not automatically establish how much it should be worth in the market.
His argument centered on valuation. Brandt compared XRP’s transactional role with traditional currencies such as the U.S. dollar, noting that people do not necessarily buy and hold dollars simply because they function efficiently as a medium of exchange.
According to Brandt, XRP could eventually reach a point where market participants can better distinguish between what constitutes an overvalued or undervalued price based on its transactional role.
He contrasted this framework with Bitcoin, which he views primarily as a store-of-value asset rather than a transactional asset.
Brandt Raises XRP Supply Question, but XRPL Supply Is Fixed Brandt also questioned XRP’s supply, asking whether the total could grow or be expanded in the future.
However, XRP Ledger documentation states that XRP’s maximum supply is capped at 100 billion tokens and that all XRP was created when the ledger launched. No additional XRP can be minted. learn.xrpl.org
The protocol also checks that transactions do not create new XRP. Transaction fees are permanently destroyed, meaning the total XRP supply gradually decreases rather than expands through new issuance. XRP Ledger
That distinction separates XRP from other tokens issued on the XRP Ledger, which can have issuers and different supply mechanisms.
Brandt Separates Transactional, Store-of-Value and Platform Assets Brandt said cryptocurrencies should be evaluated according to their underlying function. He separated what he described as transactional cryptocurrencies, store-of-value assets and platforms such as Ethereum that support applications and additional functionality.
Earlier in the interview, Brandt was also asked about diversifying a crypto portfolio across Ethereum, XRP and Solana. He supported diversification among established cryptocurrencies while warning against repeatedly chasing newly launched assets.
In that segment, he specifically said he expected Ethereum and Solana to move higher, but the transcript does not record an equivalent XRP price forecast.
His XRP-specific remarks therefore stopped short of providing a price target. Instead, Brandt’s focus remained on whether increased transactional adoption can eventually produce a clearer framework for determining XRP’s market value.
The debate over the potential for $XRP to reach a $10,000 price level has intensified among cryptocurrency investors, with differing opinions on whether such a target is feasible. While optimistic supporters argue that future adoption could drive the token to new heights, several analysts have highlighted the mathematical and economic hurdles involved in reaching this valuation.
Analyst views challenge $10,000 target for XRPA prominent cryptocurrency commentator known as Carly has publicly rejected the idea that XRP can hit $10,000, urging investors to analyze the underlying numbers before believing in extreme price forecasts. In a series of social media statements, Carly asserted that achieving a $10,000 valuation would be “physically impossible” for XRP, given the implications for its market capitalization.
Carly explained that if XRP were to reach $10,000 per token, the total market capitalization would soar to $1,000 trillion—an amount approximately 100 times greater than the world’s entire gross domestic product. She argued that this comparison reveals the unrealistic nature of the $10,000 projection.
Carly also discussed more moderate price targets, indicating that a long-term price of $1,000 would be a potential upper boundary, but only with widespread institutional adoption by banks. She remarked that she plans to consider selling her holdings if the price approaches $500 or $1,000, rather than waiting for higher levels.
XRP can’t reach $10,000. At that price, its market capitalization would hit $1,000 trillion, which is 100 times the global GDP. Investors should carefully examine these numbers before accepting high price targets.
Market capitalization calculations and XRP supplyRob Thomas, another analyst who commented on Carly’s position, clarified how market capitalization functions in the cryptocurrency sector. Thomas noted that market capitalization—calculated by multiplying a token’s price by its circulating supply—does not require an equivalent amount of cash to flow into the asset.
Referencing the latest available data, Thomas stated that with around 63 billion XRP tokens in circulation, a $500 price would result in a market capitalization of approximately $31 trillion, and $1,000 would bring the figure to about $63 trillion. If XRP were priced at $10,000, its market capitalization would reach close to $629 trillion. Thomas acknowledged additional factors such as liquidity and institutional adoption but maintained that price and supply remain central to valuation discussions.
Price per XRPApproximate Market Cap$500$31 trillion$1,000$63 trillion$10,000$629 trillionMini dictionary: Market capitalization, the total value of a cryptocurrency calculated by multiplying the current price of an asset by its circulating supply, serves as a primary metric for evaluating the scale of crypto projects.
Tokenization and future scenariosAdding another perspective, a user known as XRipplewine pointed to the potential growth of tokenization in global finance. XRipplewine suggested that as more real-world assets are represented on blockchains, the economic activity handled by networks like XRP Ledger could expand dramatically, possibly reaching quadrillions of dollars in value.
From this viewpoint, XRipplewine argued that if blockchain networks are used to facilitate significant portions of the global economy, the need for a higher token price—potentially even $10,000 per XRP—could emerge to support growing volumes of tokenized transactions.
Some believe tokenization could increase the total value processed by blockchain networks to unprecedented levels, making higher price targets conceivable under new economic conditions.
The current discussion reflects differing assumptions about future blockchain adoption and the sustainability of high price targets. While some analysts point to the static supply and valuation mathematics of XRP, others focus on the transformative potential of tokenization to reshape the scale of the entire digital asset ecosystem.
Key Takeaways XRP climbed to a range between $1.54 and $1.58, registering approximately 10% gains across the week as Bitcoin maintained levels above $84,000 and Ethereum hovered around $2,680. Following the Senate’s failure to pass the CLARITY Act, SEC staff released non-binding guidance addressing token buybacks, staking mechanisms, and protocol upgrades. Spot XRP exchange-traded funds in the United States attracted $22.65 million in net capital on September 25, with Bitwise’s offering capturing $18.39 million. Total net inflows into XRP ETF products have accumulated to $1.79 billion, while aggregate net assets stand at $1.77 billion. Technical resistance is positioned at $1.60 for XRP, while downside support remains intact around the $1.50 level based on four-hour chart analysis. XRP maintained trading activity in the $1.56 to $1.58 zone throughout the week, marking an approximate 10% increase compared to levels observed seven days prior. This upward movement aligned with a wider cryptocurrency market rebound, as Bitcoin sustained positions above the $84,000 threshold and Ethereum exchanged hands near $2,680.
XRP Price The price advance materialized following developments on the regulatory front. Earlier this month, the Senate declined to move forward with the CLARITY Act, resulting in the postponement of proposed cryptocurrency market regulations.
SEC staff released informal guidance on September 25 addressing topics including token repurchase programs, staking derivatives, network maintenance operations, and marketing communications. This guidance represents staff opinion without formal legal authority and does not provide direct classification of XRP.
Breakdown of SEC Staff Position According to the staff statement, repurchase programs involving tokens that are not securities on operational networks do not inherently indicate promised managerial contributions. Additionally, certain staking derivatives may be categorized as digital commodities instead of securities, contingent upon their issuance structure.
Standard protocol improvements and promotion of current network functionality may not fall within investment contract frameworks under this new staff position. Market analyst Crypto Rover highlighted the development on social platforms, noting that liquid staking instruments are receiving treatment as digital commodities rather than securities, and that token buybacks on operational protocols are not being interpreted as management-driven activities.
Prediction platform Kalshi positioned its September price projection for XRP at $1.70, representing a $0.10 increase from its previous estimate. The platform maintains an additional contract monitoring whether XRP surpasses $1.70 before September 30.
Exchange-Traded Fund Capital Flows According to data from SoSoValue, United States spot XRP exchange-traded funds registered $22.65 million in net capital inflows on September 25. Bitwise’s product dominated with $18.39 million, comprising roughly 81% of the day’s aggregate inflows.
Franklin Templeton’s XRPZ product contributed an additional $4.26 million. The remaining three listed investment vehicles reported zero net activity for that trading session.
These capital additions elevated total cumulative net inflows to $1.79 billion. Aggregate net assets across all products reached $1.77 billion, representing approximately 1.80% of XRP’s overall market capitalization.
Transaction volume across the five investment products totaled $57.75 million, with Bitwise responsible for $37.07 million of that figure. The previous day, September 24, witnessed $14.89 million in combined inflows following $23.17 million recorded on September 23.
As of September 23, Bitwise’s product held 401.42 million XRP tokens, reflecting an increase of 14.18 million tokens over a two-day period. According to the fund’s official documentation, this position carried a value of approximately $613.89 million.
Market analyst Ali Charts highlighted accumulation patterns among major holders, observing that whale addresses acquired over 470 million XRP across five days—approximately $724 million in value—while a reverse head-and-shoulders formation continues developing on the daily price chart.
XRP briefly reached $1.60 during the week before retreating to $1.5535 by 08:41 UTC on Saturday. Four-hour chart analysis reveals resistance positioned at $1.60, a threshold that has prevented additional upward movement across several recent attempts.
A confirmed close above the $1.60 level could establish momentum toward $1.65 initially, followed by $1.70. Support remains established near $1.50, a price point that provided stability following the September 23 trading session.
A break below $1.50 could potentially expose the $1.45 zone. The four-hour Relative Strength Index currently registers at 52, marginally above the neutral 50 threshold, while the MACD indicator remains below its signal line, suggesting diminishing near-term momentum.
BlackRock’s recent analysis of artificial intelligence and digital assets has prompted Digital Asset Investor, a well-known crypto commentator, to revisit the investment management firm’s role and connections within the cryptocurrency sector.
BlackRock examines AI and digital asset demandIn a video message, Digital Asset Investor pointed to new BlackRock research that investigates the increasing connection between artificial intelligence technologies and digital asset adoption. He stated that BlackRock’s latest findings detail how the expansion of AI could create stronger demand for digital assets.
BlackRock’s new research explores the expanding bridge between AI and digital assets, noting that widespread AI use may drive further demand for cryptocurrencies.
He argued that major institutional players such as BlackRock have recognized key trends in crypto and artificial intelligence since their inception. According to Digital Asset Investor, these companies have played an active role in laying the foundation for both sectors from the early stages.
Despite the renewed focus brought by the research, BlackRock has not confirmed any direct involvement in the creation or initial phases of major cryptocurrencies such as XRP.
Claims of BlackRock involvement with XRPDigital Asset Investor specifically highlighted his belief that BlackRock has maintained a close relationship with XRP, a leading digital asset developed by Ripple Labs. He suggested that the firm’s engagement with XRP dates back to the early days of the cryptocurrency’s existence.
He maintained his position by connecting BlackRock’s latest research to the idea that the firm has long maintained links to XRP and wider digital asset markets.
He further pointed to Robert Mitchnick, BlackRock’s current head of digital assets, as an example of these direct connections. Mitchnick previously worked at Ripple, the company responsible for developing XRP’s underlying infrastructure.
Digital Asset Investor emphasized that he saw Mitchnick’s background as significant, claiming, “It’s not a coincidence the person managing BlackRock’s digital assets previously worked at Ripple.”
He concluded the video by reiterating his belief that key financial institutions such as BlackRock and executives like Mitchnick have understood and guided the evolution of digital assets and AI for many years. These statements represent Digital Asset Investor’s personal views rather than confirmed facts regarding BlackRock’s corporate strategies or XRP’s development history.
Mini dictionary: BlackRock is the world’s largest asset management firm, overseeing trillions of dollars for institutional and retail investors worldwide. XRP is a digital asset used by the Ripple network for real-time, cross-border payments and settlement solutions.
Robert Mitchnick’s career and significanceRobert Mitchnick currently leads digital asset initiatives at BlackRock. Previously, he served at Ripple, where he contributed to strategies around the growth and adoption of XRP. His shift from Ripple to BlackRock is seen by some observers as evidence of deepening institutional interest in cryptocurrencies.
While Digital Asset Investor referenced Mitchnick’s career path as part of his broader argument, there have been no announcements from BlackRock about official business ties or collaborations with Ripple regarding XRP. BlackRock has published several research pieces examining the prospects and risks of both artificial intelligence and the digital asset sector, but has not confirmed any exclusive or prioritized focus on the XRP token.
In summary, Digital Asset Investor linked BlackRock’s ongoing research with his own longstanding belief in the firm’s early and sustained interaction with both the blockchain industry and key figures such as Robert Mitchnick. This perspective remains speculative, as no public records show BlackRock had a direct role in the foundation or development of XRP.
XRP soared to a new all-time high of $3.65 in July 2025, marking its strongest price performance in more than seven years. The digital asset surpassed its previous peak, fueled by the positive outcome of the regulatory battle between Ripple and the US Securities and Exchange Commission (SEC).
SEC settlement boosts regulatory clarityRipple, a San Francisco-based blockchain payments company, reached a settlement with the SEC in 2025, resolving a lawsuit filed in 2020 over alleged securities violations related to XRP sales. The agreement ended years of legal uncertainty that had cast a shadow over XRP’s status in the US, clearing the path for broader adoption.
The settlement provided significant regulatory clarity for XRP and renewed confidence among investors. Following the resolution, trading volumes spiked and market sentiment turned strongly bullish, reflected in the asset’s sharp price appreciation.
XRP broke past its seven-year all-time high, climbing to $3.65 after the settlement, and investor enthusiasm surged with expectations of continued growth as regulatory barriers diminished.
Mini dictionary: Ripple, a technology company best known for the RippleNet payment network, uses XRP as its bridge currency for fast, low-cost cross-border transactions.
Spot ETFs drive institutional interestThe launch of several XRP spot Exchange Traded Funds (ETFs) played a pivotal role in XRP’s rapid price increase. ETFs have gained prominence in the cryptocurrency sector by providing institutional investors access to digital assets without the need to hold the underlying tokens directly.
Bitcoin (BTC) and Ethereum (ETH) reached new record highs in 2025, a trend widely attributed to increased ETF inflows that brought greater capital from the traditional financial sector. Market participants now expect XRP to experience a similar effect as ETF inflows accelerate.
As broader market conditions improve, analysts anticipate that institutional demand for XRP via ETFs could rise sharply. Such inflows could provide the foundation for sustained price growth.
Once ETF inflows into XRP gather pace, many expect a significant price rally, mirroring patterns seen with Bitcoin and Ethereum.
Analysts eye $10 target amid Bitcoin forecastsSome market analysts have begun speculating on XRP’s potential to reach $10, arguing that this target could be more attainable as momentum builds. Observers point to similarities between XRP’s price structure and Bitcoin’s four-year cycle, where BTC has historically achieved new highs every four years—most recently in 2021 and 2025.
Projections for Bitcoin’s next peak in 2029, with some forecasters setting targets as high as $500,000, have amplified bullish sentiment for other major cryptocurrencies. A continued BTC rally, particularly if ETF-driven, could increase capital rotation into XRP and help propel it to new levels ahead of the next cycle peak.
Some analysts believe that if the anticipated market uptrend develops as expected, XRP could begin its next rally as early as late 2026 or early 2027, rather than waiting until 2029 for a new record.
Asset2025 ATHETF ImpactPotential 2029 TargetBitcoin (BTC)$145,000Strong upward momentum$500,000Ethereum (ETH)$8,600Significant increaseUnknownXRP$3.65Awaiting major inflows$10 (analyst target)Overall, XRP’s 2025 breakout and broader adoption through ETFs have positioned it as a key asset to watch in the coming years as market speculation swirls around future price milestones.
PANews reported on September 26, citing CoinDesk, that the Bitget hacker has moved roughly $83 million worth of XRP from three stolen XRP-holding addresses. Of the approximately 103 million XRP originally stolen, about $75 million remains spread across five initial receiving addresses. On-chain data shows that two of the addresses, which each originally held 20 million XRP, have been nearly emptied, with only about 23 and 55 XRP respectively remaining as of 12:41 UTC on Saturday, while the third address's balance has dropped to roughly 5.8 million XRP.
Because XRP is the native asset of the XRP Ledger, Ripple cannot directly freeze the stolen XRP the way it can freeze issuer tokens such as USDC and USDT. Recovering the funds depends in part on where the hacker moves them next; if they enter an exchange, the exchange can restrict the relevant accounts and withdrawals, but it cannot directly freeze XRP held in the hacker's own wallets. Around 54 million XRP has now left the initial five addresses, and the funds are being further dispersed across more wallets, though it is not yet possible to determine how much of it has been sold.
Earlier, Circle and Tether froze roughly $320,000 worth of USDC and USDT linked to the attack. On Friday, Bitget raised its estimate of the attack's losses to about $387.5 million, saying the additional figure includes Zcash and TRON transfers that were previously omitted from its tally, rather than a second attack. Bitget also said its protection fund will cover the losses and that user balances will not be affected, with withdrawals of BTC, ETH, USDT and other tokens expected to resume on September 28, September 29, September 30 and October 2, respectively.
XRP Monthly RSI Returns to Historical Recovery Zone as Key Crossover Remains Unconfirmed.
XRP’s monthly chart is showing an RSI configuration similar to conditions seen before two previous large price advances, but the technical signal highlighted in the setup has not yet been confirmed.
XRP’s monthly RSI has returned to a lower historical range that previously appeared before major price advances, while the current RSI remains below its moving average. The setup has not yet confirmed, with the key signal being a crossover back above the yellow RSI moving-average line. Source: Binance | Chart: The Crypto Basic. The XRP/USD monthly chart tracks the Relative Strength Index alongside a moving average of the indicator. The current RSI reading has fallen into a lower range that previously appeared during major corrective phases, while the RSI remains below its yellow moving-average line.
The key condition being monitored is a monthly RSI crossover back above that moving average. Until that occurs, the historical comparison remains incomplete.
Previous RSI Setups Preceded Major XRP Advances The chart highlights earlier periods in which XRP’s monthly RSI dropped into a comparable zone before recovering.
During one previous cycle, XRP traded near $0.18 before later advancing to almost $2. A separate setup occurred when XRP was around $0.37, followed by an eventual move toward approximately $3.30.
In both cases, the RSI first declined into the lower highlighted region before turning higher. The green RSI line subsequently crossed or recovered above its yellow moving average as momentum improved.
The current configuration shows XRP’s RSI again positioned in that lower historical range. However, the green RSI line has only started to turn upward and remains below the yellow moving average on the monthly timeframe.
That difference is significant because the chart’s proposed confirmation condition has not yet occurred.
Using XRP’s current price near $1.54, the two historical scenarios would look like this:
$0.18 → $2.00: about an 11.11× move, or roughly +1,011%. Applied to $1.54, XRP would reach approximately $17.11. $0.37 → $3.30: about an 8.92× move, or roughly +792%. Applied to $1.54, XRP would reach approximately $13.74. These figures are mathematical comparisons with previous rallies, not price forecasts.
XRP Price Also Remains Inside Its Broader Monthly Structure The price panel shows XRP trading within a set of long-term moving-average bands following its latest pullback from the 2025 advance.
The chart marks comparable periods around 2017, 2021 and 2025, showing how XRP has previously moved through extended consolidation and correction phases while momentum reset on the monthly RSI.
The present setup does not establish that XRP will repeat the magnitude of earlier rallies. The historical moves began from different prices, occurred under different market conditions and unfolded over different periods.
For the current pattern, the next technical development is straightforward: the monthly RSI would need to cross back above its moving average to reproduce the confirmation seen in the earlier examples.
Until that crossover occurs, the setup remains a historical comparison rather than a completed momentum signal.
Bitget will resume crypto withdrawals gradually following a security lapse in which it lost approximately USD 351.6 million from some of its hot and warm wallets.
Bitget Crypto Withdrawals To Return In Four Stages The platform added that the withdrawals will resume slowly once they have implemented more security checks. Bitcoin withdrawals will be reopened first on 28 September at 08:00 UTC.
Meanwhile, withdrawals in Ethereum will resume on September 29. The withdrawal of USDT is scheduled to take place on September 30. The rest of the tokens, fiat and P2P should restore by October 2.
Bitget stated that the exploit that was used in an attack has been discovered and patched. It is now undergoing additional testing throughout the withdrawal system, by its security and technical teams.
“The vulnerability involved in the incident has been identified and remediated,” Bitget wrote on X.
The exchange said that the suspension from the withdrawal was a precautionary measure for security reasons. It emphasized that the balances of customers have not been impacted despite the humongous $352 million Bitget hack on Thursday, September 24.
“The temporary withdrawal pause remains a security measure and is not related to the availability of user assets,” Bitget said.
Bitget also said its Protection Fund will cover the financial damage from the incident. The CEO Gracy Chen earlier revealed that it has more than $464 million in the fund.
Bitget will begin resuming withdrawals in orderly phases following the security incident on Sep 24. Thank you all for your patience. Please understand that due to the different nature of this incident (which involves multiple blockchains and multiple cryptocurrencies), we are… https://t.co/XfdPsIIRiR
— Gracy Chen @Bitget (@GracyBitget) September 26, 2026
However, it’s important to note that the breach only affected parts of Bitget’s hot and warm wallet infrastructure. Hence, the cold wallets remained secure, according to Chen. Thus, trading and deposits also remain operational on the crypto exchange.
Circle, Tether Freeze $318K Linked To Hack Meanwhile, the stablecoin issuers have taken steps to freeze a small fraction of the stolen money. The address names “Bitget Exploiter 8” has been blacklisted by Circle and Tether. The move froze 218,023 USDT and 99,990 USDC. Their combined assets were approximately $318,000.
Chen expressed his gratitude to both companies for their prompt response. “Every address frozen matters,” she wrote.
She also announced that Bitget has the Recovery Bounty Program. The exchange is providing a 5% discount when it comes to freezing attacker-controlled funds, and a 5% asset recovery discount.
Thank you to Circle and Tether for moving quickly. Every address frozen matters.
To the broader community: Bitget's Recovery Bounty Program is live — 5% for freezing attacker funds, 5% for recovery. Every exchange, security researcher, and onchain investigator can make a… https://t.co/UrFjceBL49
— Gracy Chen @Bitget (@GracyBitget) September 26, 2026
The embezzled crypto stack contained a significant number of XRP tokens. Almost $157.5 million in XRP was reportedly siphoned off, which was the largest amount of assets stolen in this incident. Ethereum was also one of the big assets seized.
The attackers allegedly transferred the funds among several networks and swapped some of their holdings in ETH.
Bitget has said the incident is contained. It also said any additional unauthorized transfers are no longer possible.
Mandiant and SlowMist are helping with the investigation. Bitget claimed that its users would not be required to do anything before withdrawals are re-opened.
“Withdrawal availability will be reflected directly on the Bitget platform,” the crypto exchange added.
There has also been a suggestion that the Lazarus Group, which is linked to the North Korean government, may have been involved by Chen and some blockchain experts. The attribution is still being investigated.
Bitget has annoucne to reopen crypto withdrawals after a $387.5 million security breach that forced the exchange to suspend the service. Bitcoin withdrawals will resume first on September 28, followed by Ethereum and USDT, while XRP and other assets are expected to return by October 2.
Alongside the withdrawal restart, Bitget has also launched a recovery bounty program, offering rewards totaling up to 10%.
Bitget Schedule Phased Withdrawal Resumption Bitget will resume withdrawals in phases to manage liquidity and avoid sudden pressure on its network. The first phase will begin on September 28 at 08:00 UTC (1:30 PM IST), when Bitcoin withdrawals will reopen on the native Bitcoin network.
Bitget will begin resuming withdrawals in orderly phases following the security incident identified on September 24.
The vulnerability involved in the incident has been identified and remediated.
Bitget's security and technical teams have since been conducting additional… https://t.co/VZu59GnLAN
— Bitget (@bitget) September 26, 2026 On September 29, Ethereum withdrawals will resume across Ethereum, BNB Smart Chain, Arbitrum, Base and Optimism. USDT withdrawals will follow on September 30 across Ethereum, BSC, Solana and Tron.
Finally, on October 2, withdrawals for other assets such as XRP, BNB and AVAX, along with fiat currencies and P2P settlements, will return to normal.
Why Withdrawals Paused but Deposits ContinuedBitget CEO Gracy Chen said the temporary withdrawal pause was a security measure and did not affect users’ account balances.
Bitget initially estimated the affected assets at $351.6 million. After further tracking, the exchange raised the figure to around $387.5 million, adding assets on Zcash and TRON that were missing from the first estimate.
The exchange said the security issue has been fixed and no further unauthorized transfers are possible. However, withdrawals were paused as an extra safety step while the platform completed its security review.
Deposits and other exchange services continued during the review because incoming deposits did not pose a threat to the platform’s core systems.
Bitget Launches Recovery Bounty Program With 10% RewardsAs withdrawals begin to resume, Bitget has also launched an Asset Recovery Bounty Program offering up to 10% in total rewards. The program offers 5% for helping freeze stolen funds and another 5% if those efforts lead to their recovery.
Thank you to Circle and Tether for moving quickly. Every address frozen matters.
To the broader community: Bitget's Recovery Bounty Program is live — 5% for freezing attacker funds, 5% for recovery. Every exchange, security researcher, and onchain investigator can make a… https://t.co/UrFjceBL49
— Gracy Chen @Bitget (@GracyBitget) September 26, 2026 Circle and Tether have already frozen 218,023 USDT and 99,990 USDC, worth about $318,000 combined, from an address linked to the attacker.
However, more stolen assets remain under investigation.
Data shows that attacker-linked wallets still hold more than 63,000 ETH, worth around $183 million, which cannot be frozen by stablecoin issuers. Even more than 102 million stolen XRP tokens, worth about $157.48 million, also remain in circulation.
Story Ends Here
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ACI Worldwide, a leading provider of real-time electronic payment and banking solutions, has activated support for XRP as a settlement option in accordance with SWIFT’s new multi-chain ledger initiative. This development makes XRP Ledger a recognized payment rail within ACI’s global infrastructure.
ACI Worldwide’s key role in SWIFT integrationACI Worldwide processes approximately 9% of SWIFT’s global payment traffic, representing an annualized payment volume of $155 trillion. The company’s adoption of real-time payment offerings ensures that solutions based on the XRP Ledger could reach a significant portion of cross-border payment flows.
The integration is possible because Ripple’s technology is compatible with ISO 20022, SWIFT’s new global messaging standard that is being adopted by financial institutions around the world. ISO 20022 is seen as a critical step in advancing interoperability and modernization of banking infrastructure.
SWIFT, a cooperative founded in 1973 that provides secure financial messaging services for over 11,000 institutions, has been expanding its engagement with distributed ledger technology (DLT) providers like Ripple to facilitate broader interoperability between traditional finance and blockchain networks.
Recent developments highlight a shift in the relationship between Ripple and SWIFT. Once perceived as direct competitors, the two entities are now increasingly seen as complementary. Ripple provides settlement and liquidity solutions that can enhance SWIFT’s existing infrastructure, rather than seeking to replace it entirely.
Mini dictionary: ISO 20022 is an international messaging standard for payments, designed to improve data quality and interoperability across financial networks. It enables richer and more consistent information sharing between banks and other payment systems.
XRP Ledger’s on-demand liquidity advantageThe XRP Ledger’s On-Demand Liquidity (ODL) service allows banks and payment providers to use XRP as a bridge currency for cross-border settlements. By leveraging ODL, financial institutions can convert local fiat money into XRP, send it instantly across borders, and convert it back to the local currency on the receiving end. This setup offers faster and more affordable international payments compared to traditional systems.
With ISO 20022 compatibility, banks using SWIFT’s upgraded messaging standards can now directly employ XRP for settlement, allowing rapid conversion between digital and fiat currencies.
In 2025, Ripple acquired GTreasury, a firm specializing in treasury management software, further enhancing its integration with the SWIFT network. The GTreasury platform now supports SWIFT messaging, reference data services such as SWIFTRef for IBAN and ABA look-ups, and digital asset accounts, including support for XRP and RLUSD.
This integration enables corporate treasury departments to handle both traditional SWIFT flows and cryptocurrency assets within a unified system. Although there is no fixed guarantee that every transaction will use Ripple’s technology stack, ACI’s move positions DLT-based solutions with native ISO 20022 compatibility at a distinct advantage in the evolving payments landscape.
These developments underline the increasing adoption of blockchain technology within mainstream financial infrastructure, as global players seek more efficient, interoperable, and cost-effective cross-border payment solutions.
US spot XRP exchange-traded funds saw around $38 million in two trading sessions, showing a fresh sign of investor demand.
XRP has also recovered to around the $1.56 price level, but it has yet to overcome selling pressure near the $1.60 price level. It must overcome this level before the latest rise it is seeing can develop into a stronger one.
Bitwise leads latest XRP ETF inflows XRP ETFs saw $14.89 million in net inflows on September 24, according to SoSoValue data. This was after it saw around $23.17 million in the previous session, bringing the two-day total to just over $38 million.
Bitwise’s fund led the latest daily inflows with $9.91 million. Franklin Templeton followed with $4.98 million, while no net movement could be seen from the other listed products.
Source: Sosovalue The five funds now hold a combined $1.70 billion in assets. Their cumulative net inflows have reached $1.76 billion.
Bitwise’s XRP holdings have also grown. The fund held 401.42 million tokens on September 23, which is up by 14.18 million from two days earlier.
Its XRP was worth about $613.89 million, according to Bitwise’s official fund page.
XRP price faces its next test at $1.60 XRP traded near the $1.56 price level at the time of this writing, having gained about 2% during the session.
The price has recovered from its recent dip, and it remains above the levels that have supported its rebound. Buyers have also returned, and they have done this with stronger trading activity.
The next challenge now sits around the $1.60 price level. It has approached this area on different occasions, but sellers have not allowed it to hold above that level.
A convincing move through the $1.60–$1.65 price region would show that buyers remain in control. It could also give XRP room to extend its recovery.
Source: TradingView For now, the $1.50 price level is the nearest level to watch if the price drops. If it holds above it, this would help it to preserve the short-term momentum.
If it falls below the $1.50 level, it would make the recovery less convincing and could bring the price back towards the $1.43 price area.
Final Summary XRP ETFs attracted approximately $38 million over two trading sessions. XRP has recovered to $1.56 but still faces resistance between $1.60 and $1.65.
The five spot $XRP exchange-traded funds tracked by @BSCNews have posted multi-million dollar net inflows for three consecutive days, bringing the week's total gains to $53 million. Total assets under management across the funds have climbed to around $1.7 billion, representing approximately 1.8% of XRP's circulating supply.
A Rapid Build in Institutional Capital The milestone sits within a broader story of accelerating institutional interest in regulated XRP products.
The current week's $53 million in net inflows continues a pattern of steady institutional demand.
Persistence Through Volatility
The broader regulatory backdrop has helped.
With AUM already at $1.7 billion and weekly inflows continuing to build, the XRP ETF category is proving it has staying power well beyond its initial launch momentum.
Sources:
Ripple: XRP ETFs, The Institutional Era Has Begun
Phemex: XRP Spot ETFs See $18M Daily Inflows Led by Bitwise
Yahoo Finance: XRP ETFs Hit a New 2026 Record at $1.6 Billion
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Large XRP holders accelerated their accumulation, adding over 470 million tokens to their wallets during the five days up to September 24. Data from blockchain analytics platform Santiment showed that balances of millionaire wallets rose from 12.37 billion to 12.80 billion XRP in this period.
Whale accumulation and price reactionThe combined value of tokens acquired during this surge totaled $724 million. These purchases were concentrated close to a significant technical level, as traders positioned themselves just below a potential breakout zone in anticipation of further price movement.
This influx of on-chain capital completed the formation of an inverse head-and-shoulders chart pattern, a structure many analysts view as a bullish reversal indicator. As buy orders clustered to form the “right shoulder,” the measured move quickly played out: XRP jumped 27.6%, rising from $1.25 to a local peak at $1.58.
Now, with XRP trading only slightly below a major resistance, all eyes are on whether the token can break through into higher price territory as trading momentum builds.
Repeating historical patternsRecent accumulation trends are reminiscent of a similar event about six weeks earlier. Back in August, large investors bought 460 million XRP, also leading to a decisive breakout following a long period of stagnation. In that case, the price climbed 40.7% within one week and briefly reached $1.70.
The close parallels between these two accumulation phases indicate that major market participants may be repeating a previously successful strategy for deploying capital in XRP.
Analysts underline that “the logic behind these moves is clear: big money is absorbing available liquidity before the market confirms an official breakout.”
Key support and resistance zonesThe $1.60 level remains a critical trigger point for XRP’s price action. This zone historically marks the neckline of the reversal pattern and hosts the highest concentration of previous trading volume, making it a battleground between buyers and sellers.
ScenarioPrice LevelPotential OutcomeBreakout$1.60+Move toward $2.00 targetTechnical pullback$1.34–$1.37Short-term correction before new rallyConsolidation$1.25–$1.50Sideways trading, weakening momentumIf XRP closes above $1.60, this would confirm the reversal pattern and open the door for a push toward the projected target of $2.00, as short sellers are squeezed out. In contrast, a failure to break through could lead to a temporary pullback or another period of range-bound trading within the established support and resistance levels.
The decisions made by large holders and the movement around $1.60 are likely to guide XRP’s performance into the end of the autumn, mirroring the decisive role whales played during the August rally.
Mini dictionary: Santiment – A blockchain analytics platform specializing in on-chain, social, and development data to monitor trends and investor activity in cryptocurrencies.
Numerous altcoins have produced far more impressive gains than BTC over the past week, including XRP, SOL, ADA, LINK, DOGE, NEAR, and more.
It was a rather interesting and unexpected week for the cryptocurrency markets, especially since the setbacks suffered just ten days ago.
Recall the market update from last Friday, in which we reported that BTC had somehow crossed the $80,000 barrier despite the failure of the CLARITY Act in the US Senate and the Fed’s subsequent interest rate hike. The cryptocurrency slipped to $75,000 after both of those developments, but rebounded swiftly and reclaimed the key $80,000 level by Friday afternoon. It hasn’t been below that level since.
Although it was initially stopped at $82,000 during the previous weekend after more bad macro news, this time on the two major war fronts, BTC started the current business week with one of its most impressive rallies this year. It defended the $80,000 support and the bulls drove it higher by $7,000 in less than 24 hours. As such, the cryptocurrency topped $87,000 for the first time since late January on the heels of massive ETF inflows.
It pulled back to $85,000 almost immediately, but the bulls initiated another leg up to $87,300. However, the rejection scenario repeated, and BTC has been unable to recapture its momentum since then. Moreover, it dipped below $83,000 on Thursday before it found support and bounced off to $85,000 earlier today.
The bears were more persistent once again, stopping its progress there and pushing it south to $83,500 as of press time. This means that the largest cryptocurrency is still 5% up weekly, but its performance has dwindled compared to most alts. The graph below will show the clear winners, led by BTW’s massive 73% weekly surge. ENA (52%), NEAR (45%), ONDO (40%), SUI (39%), BCH (32%), and AVAX (29%) follow suit.
Among the largest alts, XRP, LINK, and ADA stand out as the top performers, with gains of 17%-18%. Naturally, this has driven the BTC dominance metric south hard, losing roughly 2% in a week.
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This Week’s Crypto Headlines You Can’t Miss This Signal Has Flipped to Altcoin Season as Crypto Rally Spreads Beyond Bitcoin. We continue with the altseason narrative as Glassnode’s Altcoin Cycle Signal flipped from BTC season to one dominated by altcoins this week, which was not the case during the August rally.
Bitcoin Just Broke Its Correlation With Gold, Stocks, and the Dollar: What Changed? Meanwhile, BTC’s relationship with the largest asset classes such as US equities and the precious metal market has deteriorated as most have failed to follow the cryptocurrency’s resurgence.
Zcash Tops $1,600 After Europe’s First ZEC ETP Debuts. The popular privacy coin continued its impressive ascent in the past several days, surging past $1,600 for the first time in a decade. The latest move higher came after 21Shares launched the first ZEC ETP in Europe.
Bitget Reports $351M Hot Wallet Breach, Says User Funds Are Covered. The week didn’t go by without a major incident as Bitget reported an incident in which bad actors swiped over $350 million in various cryptocurrencies. The exchange promised that every dollar of that loss falls under its User Protection Fund, so customers’ balances will remain whole.
Ondo Finance Unveils BlackRock-Backed On-chain Portfolios for Investors. Ondo launched three new on-chain portfolio products based on BlackRock strategies, aiming to integrate traditional portfolio management with blockchain. Perhaps it’s no surprise that its native token is among the top gainers over the past week.
Strategy’s Bitcoin Stash Hits 846,000 After Fresh 950 BTC Purchase. After another pause, this time a smaller one of just three weeks, the world’s largest corporate holder of bitcoin resumed its purchases, accumulating 950 BTC for $75.7 million. Interestingly, Strive made an even more impressive buy this week, scooping 1,355 units for $107.7 million.
XRP saw a rapid increase in major holder activity in the last week, with data revealing that large investors acquired approximately 1.54 billion XRP—valued at around $2.2 billion—within just 96 hours.
Whale transactions hit monthly highDuring this latest rally, Santiment recorded 1,917 XRP transactions of at least $100,000 each, marking the highest number of whale-sized movements in about a month. While such high-value transfers alone do not always signify direct purchases—since they can also reflect internal transfers or sales—they have drawn attention to intensified large-holder positioning in the current market environment.
The accumulation by key stakeholders appears to have supported XRP’s price action. After rebounding from around $1.28, XRP climbed and now trades in the $1.60 to $1.62 range.
Breakout above technical benchmarksTechnically, XRP has broken decisively above the declining resistance line that has influenced the chart since the late August peak. In addition, the cryptocurrency trades above all major moving averages, highlighting the significance of the recent breakout. The shorter-term moving average has risen to $1.40, while the 200-day average stands at $1.36, leaving the current price notably above previous consolidation levels.
Beyond whale activity, the network has expanded. During the rally, the XRP Ledger saw the creation of 3,647 new wallets. Net inflows into the XRP ETF reached $1.73 billion as of September 22, underlining the increased institutional engagement with XRP.
Key levels to watchFor the immediate outlook, the $1.65 to $1.70 area remains a key resistance zone, as demonstrated by several upside rejections at this level. If the price breaks above $1.70, the significant high from August would be surpassed, potentially clearing the way for further gains.
XRP’s current positioning above both the short-term average of $1.40 and the 200-day average at $1.36 creates a notable technical gap with prior consolidation areas, indicating lasting momentum if these levels hold.
On the downside, $1.50 serves as the first support. More substantial support is found between $1.40 and $1.45, which marks the broader breakout zone. While some investors view whale accumulation as a sign of heightened demand and reduced liquid supply, ongoing price appreciation is not guaranteed by this factor alone.
For a robust continuation of the current trend, sustained large-holder activity alongside a successful hold of the breakout levels will be key signals to monitor.
In a related trend, technical traders tracking momentum also keep an eye on the meme token space, where rapid shifts can turn small investments into substantial returns within days. Fomo App reported a trade involving “Niu Lai,” which transformed an initial $99 into approximately $370,000, illustrating the potential for explosive gains. Market observers emphasize not just price trends but also the importance of studying investor activity, trade timing, and token selection. Fomo App offers a platform that combines token discovery, real-time trading, investor rankings, and social feeds, making it easier to follow both new meme tokens and investor movements within this evolving market sector.
25 September 2026 | 18:28 XRP was testing whether a recent breakout could hold, with price sitting just above the $1.53 Fibonacci retracement on the daily chart.
At the time of writing, XRP traded near $1.59, up about 6% over 24 hours, according to CoinMarketCap data.
Two levels separate a routine retest from a weaker setup: $1.53 is the immediate line; $1.40-$1.43 is the more consequential support zone below it.
The breakout is facing its first pullback XRP moved above the upper boundary of the descending channel that contained its late-August and early-September decline, then reached a recent high near $1.70. Coindoo’s earlier analysis of XRP’s break above its downtrend channels set out the key question that follows such a move: can the former ceiling begin to hold as support?
XRP/USD daily chart. The $1.53 Fibonacci level is the immediate retest; Source: TradingView.The first retest is taking place at the 23.6% Fibonacci retracement near $1.53. A daily close above that level would show that the initial pullback support remains intact. An intraday move below it would carry less weight until the candle closes. $1.40-$1.43 is the stronger support area The Fibonacci tool is drawn from the visible daily swing between roughly $1 and $1.70. If XRP closes below $1.53, the focus shifts to the following cluster:
Around $1.40-$1.43: the deeper retest zone
38.2% Fibonacci retracement: near $1.43. Rising diagonal support: the blue trendline reaches the same area. Former channel ceiling: the upper boundary XRP broke above also passes through this range. These references form a range, not an exact price that must hold to the cent. A brief wick into the area followed by a recovery would leave a different technical picture from successive daily closes beneath it. Persistent trading below the cluster would weaken the case that the earlier channel break is holding.
$1.70 remains the next resistance test Should XRP continue to close above $1.53, the recent high near $1.70 is the next resistance on the chart. A return there would test whether buyers can extend the move after absorbing the first pullback.
Daily RSI is near 60 after cooling from an earlier spike. That still reflects positive momentum, though the indicator does not determine whether support will hold. The response around $1.53 and, if necessary, $1.40-$1.43 provides the more useful signal.
Whale activity and ETF flows do not settle the chart test Ali Martinez said on X that his reading of on-chain data showed large holders adding more than 470 million XRP over five days. He also said an inverse head-and-shoulders pattern remained in development on the daily chart.
XRP WHALES KEEP BUYING
In just five days, whales accumulated more than 470 million $XRP, worth around $724 million.
Meanwhile, an inverse head-and-shoulders continues to form on the daily chart.
The bullish breakout could be getting closer. https://t.co/f2VzDvpQpm pic.twitter.com/X3xMv7zOQF
— Ali Charts (@alicharts) September 25, 2026
The reported wallet balances show accumulation, but they do not reveal the buyers’ motives or confirm that the chart pattern will complete.
SoSoValue, reported three consecutive days of net inflows into U.S. spot XRP ETFs through September 24, including $14.89 million on the latest day. The figures show recent demand, while the chart still needs to show whether that interest is sufficient to defend support.
What the next daily close would change A close above $1.53: The immediate retest holds and keeps the $1.70 high in view. A close below $1.53: XRP moves into a deeper pullback, placing the $1.40-$1.43 cluster under closer scrutiny. Continued trading below $1.40-$1.43: The overlapping support references fail, weakening the channel-break structure. For now, the difference between a routine retracement and a failed breakout depends on how XRP behaves at those two areas. The daily close will provide the clearest evidence.
This article is provided for informational purposes only and does not constitute financial or investment advice. Cryptocurrency markets are volatile, and technical levels can change quickly.
Author
Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP. Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem. To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem. His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.
