XRP Demand Surges with $73M ETF Inflows Amid Price Struggle

The demand for XRP has increased significantly, with over $73 million in net inflows into US spot XRP ETFs during the week of August 24. This influx of buying interest is a positive sign for the Ripple coin, despite its struggling price.

The XRP price remained under pressure despite this fresh demand, trading at around $1.37 with a 24-hour gain of 0.94%. Its market cap stood at roughly $86.22 billion, while trading volume reached $2.72 billion.

XRP Ledger lending is also contributing to the network's potential use cases, providing an additional source of demand for the asset beyond mere speculation.