Overview
- XRP is trading around $1.30 and is retesting the $1.27–$1.32 support band that analysts say must hold to avoid deeper declines toward $1.20 or $1.00.
- U.S. spot XRP products recorded small net outflows in the Oct. 12–16 week, ending a 13‑week inflow streak and slightly shifting the institutional demand picture.
- On‑chain data showed a sudden overnight jump in XRP Ledger transaction volume to roughly $49.6–$49.7 billion, a noisy surge that analysts say may reflect concentrated transfers rather than broad durable buying.
- Binance whale outflows have weakened to a five‑year low on a 90‑day moving average near $49.7 million, a sign that large‑holder withdrawals are subdued even as options positioning shows a bullish call skew (put/call ≈ 0.53, OI ≈ $62M).
- Ripple and institutional partners continue to roll out custody and RLUSD use cases with DriveWealth, Meritz, Standard Chartered and Privy, and market participants say renewed whale buying or resumption of ETF inflows will be the key catalysts to sustain any rally.