XRP Soars 6.5% as ETF Inflows Reach All-Time High
Ripple's XRP token has made significant gains on September 25, rising over 6.5% in value and reaching $1.55 after a steep decline to under $1.50 the previous day.
The asset's volatility continues to be a hallmark of its trading sessions, but today it has rebounded strongly against other major cryptocurrencies like Bitcoin, which is up only 1.6%, and Ethereum, which has gained less than 2.5%.
One key factor contributing to XRP's resurgence is the ongoing inflows into spot Ripple ETFs, which have attracted a cumulative total of over $1.76 billion in net inflows since Monday, reaching an all-time high.
Whale activity has also been a significant factor, with large market participants acquiring over 1.5 billion tokens in just four days last week.