Coinbase Sell Walls vs Institutional Demand: XRP Stuck in the Middle

XRP's price has been experiencing some volatility, hovering around $1.48 due to a 'wall of sell orders' on Coinbase and institutional capital pouring in.

The token has seen significant gains over the past week, rising by 2.5% despite being down slightly from its recent peak of $1.70.

US spot ETFs tracking XRP have recorded six consecutive weeks of positive net inflows, totaling $39.78 million, and established financial houses are increasingly treating XRP as a standard portfolio holding.

Ripple's corporate machinery is also expanding, with Ripple Prime closing an upsized $275 million bond issuance to expand the brokerage business.