XRP Surges as RLUSD Growth and ETF Inflows Fuel Bullish Sentiment
XRP has seen a surge in price, reaching an intraday high of $1.6963 on Saturday before reversing sharply to $1.4578.
The token remains 47% above its 2026 low of $0.9905, hit after a bridge exploit briefly pushed the price below $1 for the first time since late 2024.
The main driver behind XRP's recent price surge is the broader crypto market rally that has affected Bitcoin and most altcoins, with Bitcoin breaking out and approaching the crucial resistance level of $80,000.
XRP ETFs have seen significant inflows, adding over $39.7 million last week, up sharply from $2.25 million a week earlier, with cumulative inflows now exceeding $1.5 billion.