Overview
- XRP has cooled from August highs near $1.70 into a narrow $1.32–$1.39 trading band, touching a post-peak low around $1.32 during early September.
- Ripple executed its scheduled Sept. 1 release of 1 billion XRP and then re‑locked 700 million, leaving about 300 million XRP outside escrow that could be available to the market.
- U.S. spot XRP ETFs have provided steady institutional demand, recording a peak weekly inflow of about $110.49 million and roughly $1.45 billion in cumulative assets, but fund flows have not yet reversed the pullback.
- Rising U.S. 10-year Treasury yields near 4.8% and profit-taking have reduced demand for riskier assets and helped pressure XRP even as ETFs continued to add capital.
- Analysts warn that a decisive break below the $1.30–$1.34 support zone could trigger deeper drops toward $1.20 or lower, while a reclaim of $1.38–$1.41 would be needed to resume a bullish outlook.