XRP Must Rally 45% to Hit $2 Amid Record Institutional Demand
XRP's price has retreated to around $1.38 after a strong rally in August that saw prices peak near $1.70. To reach the $2 mark, XRP needs a significant 45% rally, with key resistance levels at $1.55 and $1.70 to clear first.
Institutional interest remains high, with U.S. spot XRP ETFs attracting a record $110.49 million in inflows during the last week of August, totaling $1.66 billion cumulatively.