XRP Leads Top-10 Cryptos with 44% Surge Amid Institutional Inflows

XRP's price surge has caught attention as it leads top-10 cryptocurrencies with a 44% gain over the past seven days. This outperforms other major assets, including Ethereum and Bitcoin, which rose by 28.6% and 22.6%, respectively.

The token's advance is largely attributed to increased institutional inflows and Korean spot demand. US XRP ETFs have seen six consecutive positive sessions between August 18th and 25th, attracting a combined $77.47 million in net inflows on the latter date.

In addition, South Korea has emerged as a significant driver of demand, with XRP ranking first among 286 won-denominated markets on Upbit on August 26th, accounting for 16.3% of total turnover.