What To Know:
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XRP surged over 10% this week, driven by strong early trading in newly launched spot XRP ETFs on the NYSE.
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Grayscale’s GXRP and Franklin Templeton’s XRPZ posted a combined $164 million in first-day inflows, pushing total spot XRP ETF assets above $628 million.
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The token reclaimed key technical levels near $2.20, with analysts eyeing a break above $2.30 as momentum indicators turn bullish.
Ripple’s native crypto, $XRP jumped this week, surging more than 10% as the newly formed spot exchange-traded funds (ETFs) linked to the asset saw strong early trading performance. The rally pushed XRP back above key technical levels and put it among the strongest movers in a market that remains divided between selective strength and wider caution.
XRP Soars Amid Growing ETF Performance
XRP is now trading near $2.20 after rebounding from last week’s drop under the $2.0 mark. The rebound has been fast. The crypto has gone up by more than 20% from monthly lows near $1.80, and has pushed its market capitalization back above $135 billion. Trading activity has expanded at the same pace. Daily volumes jumped more than 50% to roughly $6 billion, which reflects renewed interest from both short-term traders and ETF-driven inflows.
The rally follows the debut of two new spot XRP ETFs on the New York Stock Exchange. Grayscale’s GXRP and Franklin Templeton’s XRPZ launched on Nov. 24 and posted a combined $164 million in net inflows on their first day. The products joined Bitwise’s earlier listing, pushing total spot XRP ETF assets to more than $628 million. Industry analysts noted that demand came from a mix of institutional allocators and professional trading desks that needed a regulated structure to gain exposure.
Market analysts are now keen on how XRP behaves near the 0.5 Fibonacci retracement zone. Some chart watchers say the token is displaying early signs of strength. A move above $2.30 would signal the start of a new advance. They also identified the 0.382 level as a key support area, arguing that a firm reclaim would reinforce the view that a medium-term bottom has formed. XRP’s momentum indicators, including the relative strength index, have turned upward after a multi-week cooldown.
One analyst highlighted the development of a right-angled ascending broadening wedge pattern. According to this view, XRP’s ability to bounce cleanly off the $2.0 level adds weight to forecasts projecting a path toward the $4.0 region. These projections remain tied to broader market behavior. Bitcoin, still moving near resistance around $88,300, continues to act as a pressure valve for the entire sector. A breakout in BTC would support follow-through in assets such as XRP.
ETF activity has reshaped sentiment around the token. Ripple’s legal settlement with the U.S. Securities and Exchange Commission earlier this year cleared a longstanding barrier for institutions. The May 2025 agreement, which included a $125 million payment and the release of funds from escrow, removed several compliance concerns that had limited participation. Large managers now reference the clarity provided by that settlement in their product filings.
Franklin Templeton’s entry stands out. The firm carries significant influence among conservative allocators, and its participation signals a broader willingness to treat XRP as a suitable component in digital asset portfolios. Prospectuses for the new ETFs highlight the token’s role within fast-settlement payment networks. They also outline risks: volatility, limited diversification, and regulatory uncertainty in several jurisdictions. Each product holds XRP and cash, with no hedging or supplementary assets.
Technical features of the XRP Ledger continue to draw interest from institutions looking beyond traditional cross-border systems. XRPL documents point to settlement times of three to five seconds and low transaction costs. More than 3.3 billion transactions have been processed on the network. Grayscale and Franklin Templeton emphasized XRP’s role as a currency bridge for international transfers, citing its efficiency at scale.
Speculation around global adoption has also added pace. Some analysts point to new initiatives in Asia, the Middle East, and Africa to boost payment corridors. Others say that policy dialogues in the BRICS business council and at the European Central Bank mention the necessity for effective crypto settlement frameworks. There is no formal link for Ripple into these discussions, but they have coincided with ongoing interest in faster, crypto payment systems.
Also Read: XRP ETF Sees $15.82M Daily Inflow Even As Crypto Funds Slow Down
