XRP Surges on Strong Institutional Interest and Crypto Whale Activity
XRP's price has surged to $1.55 before pulling back slightly to $1.42 due to strong institutional interest in XRP-based ETFs, which have attracted millions of dollars daily for six consecutive days.
The total net assets of these ETFs are close to an all-time high of $1.56 billion, with major players like Bitwise and Franklin Templeton leading activity.
Crypto whales have also moved 1.451 billion XRP to Binance, signaling potential large trades or portfolio shifts.
Technical analysis suggests that XRP could target $2 next, with $1.50 as a key resistance level to confirm before further gains.