XRP Alert: Supply Shock Meets ETF Demand! đ
âXRPâs market dynamics are shifting rapidly as we head toward 2026. Here are the 3 key takeaways from the latest 21Shares report:
â7-Year Low Supply: XRP reserves on exchanges have dropped to 1.7 billion, the lowest level since 2019. Investors are moving to cold storage, creating a massive supply shock.
âThe ETF Effect: Spot XRP ETFs saw over $1.18B in net inflows. Given XRP's market cap, these inflows could trigger a much stronger price reaction compared to Bitcoinâs ETF journey.
â2026 Price Targets:
âBullish: $2.69 đ
âBase Case: $2.45
âBearish: $1.60
âBottom Line: While social sentiment is in "Extreme Fear," the combination of shrinking supply and institutional demand suggests a major price discovery phase is on the horizon.
â#XRP #Ripple #CryptoNews #ETF #BullRun2024.