XRP Soars 30% Amid Shrinking ETF Inflows
XRP has seen a significant surge in price over the past week, increasing by around 30% to trade at about $1.29.
This uptick came despite a decline in exchange-traded fund (ETF) inflows that had previously supported the token's gains.
The rally was particularly pronounced on Wednesday, with XRP rising by 10.40%, its largest one-day gain since February 6.
This sudden increase has lifted XRP off a floor of $0.9862, which it touched just before its post-election surge in November 2024, when it reached an all-time high close to $3.65.