XRP Notches Best August Since 2021 as Spot ETFs Fuel Price Surge
XRP's price surged 28.5% in August, its best performance for that month since 2021.
The token saw significant trading activity during the final two weeks of the month, with spot ETF inflows accelerating rapidly to $150.28 million out of a total $153.55 million intake.
Institutional buying remained stable across nine consecutive positive sessions, but overall ETF capital remains relatively small compared to XRP's $87 billion market valuation.