XRP Price Rises as Spot XRP ETFs Top $1.21B in Asset

The XRP price surged by a fraction of a percentage over the past 24 hours to $1.90 on a 10% increase in the daily trading volume to $3.1 billion.

The surge in the Ripple token comes as U.S.-listed spot XRP ETFs surpassed $1.21 billion in total net assets only weeks after launching in mid-November. The steady inflows, despite broader weakness across the crypto market, point to rising demand for crypto exposure beyond Bitcoin and Ethereum.

Speaking on a Token Relations podcast, Ripple CTO David Schwartz, Bitwise CIO Matt Hougan, and Canary Capital CEO Steven McClurg said the early success of XRP ETFs signals widening institutional access. McClurg explained that demand initially came from retail investors, which is typical for new ETFs, but was quickly followed by interest from pensions and insurance firms outside the U.S.

He noted that many traditional investors find XRP easier to understand because it aligns closely with payment systems and liquidity flows.

Hougan said advisers are increasingly drawn to XRP due to its long history and clear, explainable use cases such as cross-currency liquidity and stablecoin-related flows. He described XRP ETFs as a “third path” in crypto adoption.

Schwartz highlighted the XRP Ledger’s role as a purpose-built financial infrastructure, citing fast settlement, low fees, and over four billion completed transactions.

XRP Price Holds Key Support as Chart Signals Potential Bullish Reversal

The daily XRP/USDT trading pair is in a critical consolidation phase after a long period of volatility. According to the chart, XRP is hovering around $1.90, sitting just above a well-defined support zone that has held multiple times since November.

Earlier in the year, XRP rallied strongly before entering a downward channel, showing lower highs and lower lows. That pattern signaled weakening momentum and eventually led to a sharp drop in October. Since then, price action has slowed, and XRP has started moving sideways instead of falling fast.

XRPUSDT Analysis Source by TradingView

XRP appears to be forming a rounded bottom structure near the $1.85–$1.95 region. This pattern often signals a potential bullish reversal, especially when it forms at a key support zone. The chart indicates a potential upward move from this base, suggesting that buyers are slowly regaining control.

On the upside, the first major hurdle is the resistance zone around $2.40–$2.60. This area previously acted as support before turning into resistance, making it a natural level where sellers may re-enter. A clean break and daily close above this zone would strengthen the bullish case and open the door for a move toward the target price region near $3.50, as marked on the chart.

The Relative Strength Index (RSI) is currently around 41, which is below the neutral 50 level but no longer in oversold territory. This suggests bearish momentum is weakening, while still leaving room for upside if buying pressure increases. The RSI moving sideways also aligns with the consolidation seen in price.