Particle.news
Download on the App Store

XRP ETFs Pull In $622 Million as RLUSD Usage Surges, but Price Stays in Bear Trend

Rising demand has not reversed the bearish chart setup traders cite.

Overview

  • U.S. spot XRP ETFs have recorded about $622 million in cumulative inflows with no single day of outflows, according to SoSoValue, with net assets reported near $644 million.
  • Artemis data shows RLUSD’s circulating supply rose roughly 28% in 30 days to $1.2 billion and 30‑day adjusted volume jumped about 56% to $3.5 billion, with transactions up 17% to 443,000.
  • RLUSD supply on the XRP Ledger has grown to nearly $300 million in recent months, even though most issuance remains on Ethereum, Artemis data indicates.
  • XRP trades near $2.15–$2.22 and remains roughly 40% below its yearly high, holding below the 100‑day EMA and the Supertrend while forming lower lows and lower highs.
  • Crypto.news’ forecast frames the near‑term outlook as bearish with an initial target around $1.8173, while separate analysis cited by Blockonomi points to a possible rebound toward a $2.60 channel midpoint as a speculative scenario.