XRP Price Surges on Heavy ETF Inflows and Positive Market Sentiment
XRP has seen a modest price increase of 3.09% over the past 38 hours, driven by a combination of factors including ETF-driven demand and positive market sentiment.
The move aligns with the broader crypto market, which rose about 2.0% in 24 hours, and altcoins, which increased by about 1.4%, suggesting 'risk-on' behavior across the crypto market.
US spot XRP ETFs have seen significant inflows, with reports indicating roughly $110 million net inflows in a single week and cumulative net inflows of ~$1.66 billion.
Ripple's partnership with SettleMint and Evernorth's progress toward a Nasdaq listing reinforce the institutional narrative around XRP, making it easier for ETF inflows to translate into price increases.