Overview
- XRP traded near $1.41 in a narrow $1.38–$1.43 band, with buyers holding $1.38 and repeated knockbacks near $1.42 signaling a coiled setup for a larger move.
- Since November 2025, U.S. spot XRP ETFs have taken in $1.44 billion, yet total assets slipped to about $1 billion after a 43% price drop left the funds’ values lower despite steady inflows.
- Derivatives risk has been drained, with Binance open interest down to roughly $372.6 million and an estimated leverage ratio near 0.14 pointing to forced exits by leveraged traders.
- On‑chain use has cooled as active XRP Ledger addresses fell more than 40% in days, and 30‑day Binance whale withdrawals dropped to about 1.285 billion XRP, the lowest since early February.
- A final SEC deadline on Friday, March 27, for applications from Grayscale, WisdomTree, and Franklin Templeton, including Grayscale’s bid to convert a $2.1 billion trust, arrives as BlackRock, Fidelity, and Invesco have yet to file.