XRP Edges Higher as Regulatory Milestones and ETF Inflows Boost Momentum

XRP has seen a modest gain of around 2% over the past 24 hours, reaching $1.3996, outperforming a broadly flat crypto market.

This uptick is largely attributed to the regulatory milestone achieved by Evernorth, which recently received clearance from the US SEC for its merger and Nasdaq listing under the ticker 'XRPN'. This development has improved XRP's long-term investment narrative for traditional finance.

The XRP spot exchange-traded fund (ETF) has seen significant inflows, with $110.49 million in net inflows for the week ending August 28, its strongest weekly haul of 2026 by a wide margin.

This surge pushed cumulative net inflows to $1.66 billion and total net assets to $1.44 billion across all funds.