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XRP Stalls Near $1.86 as ETF Assets Hit $1.25 Billion and Exchange Supply Falls

Validator voting on XRPL native lending is expected in late January, keeping 2026 catalysts in focus.

Overview

  • XRP hovered around $1.85–$1.90 over the weekend, with sellers repeatedly defending the $1.90 area even as trading volumes spiked, according to CoinDesk.
  • New spot XRP ETFs have drawn nearly $1 billion in net inflows through mid‑December and now hold about $1.25 billion in assets without a recorded day of net outflows.
  • Glassnode data show centralized‑exchange balances near 1.5 billion XRP, and market estimates indicate roughly 750 million tokens have been absorbed by ETFs since November.
  • The multi‑year SEC dispute effectively ended in August when both sides dropped appeals, and Ripple later received conditional approval for a U.S. national bank charter in December.
  • Ripple’s 2025 build‑out included a ~$1.3 billion RLUSD stablecoin, about $2.7 billion in acquisitions, a $500 million raise at a $40 billion valuation, and a plan to bring native lending to XRPL with voting expected in late January 2026.