XRP Surges 44% as Institutional Inflows and Korea Demand Drive Price

XRP has experienced a significant surge in price over the past seven days, increasing by 43.7% and outperforming every other top-10 cryptocurrency.

This growth is attributed to strengthened institutional inflows and Korean spot demand, with US spot XRP ETFs posting six consecutive positive sessions between Aug. 18 and Aug. 25, attracting a combined $77.47 million in net inflows on Aug. 25 alone.

Cumulative ETF inflows have reached a record $1.55 billion, while Goldman Sachs disclosed $86.5 million of exposure across five XRP ETFs in its second-quarter filing.

In South Korea, XRP ranked first among 286 won-denominated markets on Upbit early Aug. 26, accounting for 16.3% of total turnover, with heavy participation without a major Korean premium.

Binance derivatives data showed a split between larger and broader accounts, with the exchange's top-trader position ratio rising 3.8% over the week to 2.24, while the ratio across all accounts fell 27.7%, indicating fewer large traders remained bullish but those that did kept larger positions.