XRP Institutional Demand Surges Amid Price Stall
The XRP market is experiencing a two-speed phenomenon, where institutional demand is surging while price action stalls. The token's price has slipped 4.4% to $1.39 on Friday, extending a consolidation that leaves it 56% below its 52-week high of $3.18.
However, exchange-traded funds tracking the digital asset have recorded their strongest single-day intake in over seven months, with net inflows totaling $28.14 million on August 26. This marks the most robust daily figure since January, indicating a sustained accumulation story.
The disconnect between institutional accumulation and short-term price pressure has become a defining feature of XRP's current phase. The recent price action tells the story of a sharp move that invited profit-taking, with the token climbing roughly 70% off its cycle low from August 17 but since then losing some of those gains.
Ripple is advancing a four-stage plan to shield the XRP Ledger from the threat of quantum computing. The company stresses that no active attack exists and that only a small portion of circulating XRP sits in potentially exposed wallets with disclosed public keys. The technical lift is considerable, requiring close coordination with network validators.