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XRP’s Institutional Support Grows as Price Coils Near $1.40

Rising ETF demand alongside on‑chain accumulation leaves the market coiled for a catalyst‑driven move.

Overview

  • XRP trades around $1.37 to $1.40 after sellers knocked it 2% lower on Monday near the $1.42 ceiling, with chart watchers flagging a months‑long triangle that tightens toward a break.
  • Spot ETFs logged their strongest week of 2026 with about $60 million in net inflows, lifting cumulative demand to roughly $1.39 billion even as price action stayed muted.
  • Real‑world asset tokenization on the XRP Ledger drew about $1.1 billion over 30 days to nearly $3.6 billion in total value, though tiny transaction fees mean this activity barely reduces XRP supply.
  • Exchange balances keep thinning as about 403 million XRP left Binance since May 3 and more than 3 billion have moved off centralized venues since 2025, while wallets holding over 10 million XRP now control roughly 68.5% of supply.
  • Derivatives activity has faded into a “volatility vacuum,” with liquidations down about 99% and low leverage, leaving price sensitive to a clear catalyst such as the CLARITY Act, which cleared the Senate Banking Committee on May 14.