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39m ago

XRP Holds Above $3 as Institutional Flows Build Before SEC ETF Decisions

Fresh corporate plus institutional demand focuses attention on SEC ETF decisions set for Oct. 18.

Xrp gains 3% as sbi lending and etf catalyst drive flows

Overview

  • XRP traded around $3.03 after a roughly 3% two‑day climb, with elevated turnover and large intraday prints signaling institutional participation.
  • Japan’s SBI Holdings expanded institutional XRP lending, which coverage linked to stronger regional liquidity and buying interest.
  • Nasdaq-listed VivoPower raised $19 million to accumulate XRP for a new digital treasury strategy while allocating some proceeds to debt repayment.
  • Multiple U.S. spot XRP ETF applications face initial SEC decisions on Oct. 18, with prediction markets reported to price approval odds above 99%.
  • Near-term support is identified near $2.99 with resistance around $3.10, as analysts flag targets from $3.65 to $4.06 and caution that clearing $4.18 would confirm a broader trend shift.