XRP price slips below $1.50 – Can ETF demand fuel a recovery?

Share

XRP has fallen more than 7% this week, dropping below the $1.50 threshold amid a broader crypto market selloff that saw total market cap decline by over 4%. Unlike this downward trend, XRP ETFs continue to record net inflows with $67 million in daily trading volume, while BTC and ETH ETFs face outflows. Evernorth completed its SPAC merger with Armada II, bringing approximately 473 million XRP and $300 million in gross cash proceeds into public markets. Additionally, the XRP Ledger introduced delegated key controls for institutions, and its agentic economy reached a record 13 million transactions representing 25% of ledger activity, suggesting XRP could be well-positioned to lead the next wave of capital rotation if market sentiment shifts back to risk-on.

Source: Read the original article

Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Read More

Items