Overview
- XRP rose roughly 8% to trade over $2, briefly overtaking BNB in market capitalization as trackers showed its value near $123 billion.
- Industry data show U.S. spot XRP ETFs continue to attract capital, with total inflows since launch around $1.18 billion and assets reported in the $1.3–$1.37 billion range.
- Trading activity accelerated sharply, with 24‑hour volumes reported between about $3.8 billion and $4.3 billion, up roughly 175–211% from the prior day.
- Price action broke a 90‑day descending resistance on Jan. 2 and reclaimed key Fibonacci zones, but analysts flag $2.00—especially $1.96—as the line that must hold to validate a sustained trend shift.
- Traders linked the outperformance to shifting U.S. policy signals following SEC Commissioner Caroline Crenshaw’s departure and discussion of a possible market‑structure bill, while social data showed retail bearishness diverging from ongoing institutional accumulation.