XRP Price Drops 5% After $94 Million ETF Inflows, Maintains Top 3 Status Amid Market Pause
XRPUSDT experienced a 5.03% price decrease in the past 24 hours, closing at 2.2508 according to Binance. The decline follows a period of significant institutional inflows into spot XRP ETFs, which totaled $94.1 million over January 5 and 6 and brought cumulative inflows above $1 billion. The price pullback coincided with reports of broader market pauses affecting both Bitcoin and XRP, as well as Ripple’s confirmation that no public listing is planned despite fundraising success. Despite this short-term correction, XRP remains the third-largest non-stablecoin cryptocurrency by market capitalization, with exchange supply at multi-year lows and strong trading activity reflected in a 24-hour volume of approximately $2.59 billion on Binance Futures. Over the past week, XRP saw over 20% gains, supported by ETF-driven institutional demand, while technical analysis identifies resistance near $2.50 and key support at $2.2125.