Key Insights:
XRP ETF inflows totaled over $1.1 billion across five weeks, signaling strong institutional interest.
XRP Ledger recorded more than four billion transactions, highlighting growing network use.
XRP price remains between $1.80 and $2.00, with technicals pointing to short-term consolidation.
XRP continues to trade below the $2 mark following a broader market correction that saw the global crypto market dip by 1.7%. Despite the decline, XRP maintained support at $1.80 and hovered around $1.88 during recent sessions. Bitcoin and Ethereum also posted losses, reflecting cautious investor sentiment during heightened volatility.
Spot exchange-traded funds focusing on XRP recorded significant capital inflows in recent weeks, with approximately $1.12 billion in purchases reported over a five-week period. Market data indicated that the inflows reflect consistent buying activity rather than isolated spikes. These purchases contributed to an overall increase in XRP-related ETF assets, which surpassed the billion-dollar mark by the end of December.
Ledger Activity Crosses Four Billion Transactions
The XRP Ledger reached a new milestone, with the total number of transactions exceeding four billion. This network activity underlines sustained utility for XRP in settlement and infrastructure operations. Ripple’s chief technology officer emphasized that transactional growth better reflects XRP’s real-world usage than short-term price movements. The network’s performance remains steady, supported by low-cost, high-speed settlements.
Source: TradingView
XRP price remains range-bound between $1.80 and $2.00, indicating a consolidation phase on the 4-hour chart. Sellers continue to defend the $2.00 resistance, while buyers maintain pressure above the $1.80 support. A potential breakout above $2.00 could open a path toward the next resistance at $2.20. However, the Relative Strength Index stands at 43, signaling limited buying strength, and the MACD indicator reflects bearish crossover momentum.
Market Sentiment and Network Metrics Offer Mixed Signals
Although market sentiment remains cautious, the combination of strong ETF inflows and increasing network transactions suggests underlying support for XRP. The sustained activity on the XRP Ledger and growing institutional exposure may offer resilience amid price pressure. Broader market improvement could contribute to a short-term rebound if current support levels hold.
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