Overview
- The token fell about 7–8% to roughly $1.45 during a broad market sell-off on Sept. 24 and recovered above $1.50 by Sept. 25, leaving traders focused on reclaiming the $1.53–$1.60 resistance band.
- On-chain metrics show sustained interest with addresses holding XRP rising to about 8.15 million since March and Santiment-tracked whale wallets accumulating roughly 1.54 billion XRP over a recent 96-hour window.
- U.S. spot XRP exchange-traded funds have continued to pull in money despite the volatility, with cumulative inflows reported around $1.73–$1.76 billion and fresh daily additions in late September.
- Exchange-flow data recorded about 524,000 XRP moved onto trading platforms versus roughly 135,000 leaving, producing a net inflow near 389,000 XRP that signals potential near-term selling risk.
- Beyond price moves, U.S. regulator work on market structure and Ripple’s expanding institutional and stablecoin activity, including RLUSD’s growth, provide a structural backdrop that could influence longer-term demand.