ETF Inflows
XRP has broken through $2, becoming the third-largest cryptocurrency by market capitalization after surpassing BNB, fueled by $13.6 million in ETF inflows. The token's rally marks a breakout from an eight-month downtrend, with traders eyeing potential gains toward $2.50. This surge reflects growing institutional confidence in XRP amid broader crypto market dynamics.
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Building on the December 17 dip to $1.91 amid Bitcoin volatility, XRP traded steadily around $1.85-$1.86 on December 24, down about 1% in subdued holiday conditions. Spot ETF inflows continued strongly, clashing with profit-taking, technical resistance, and speculation from a large Ripple-linked wallet transfer.