XRP Market Optimism Intensifies Following Record ETF Inflows Not Seen Since Early January
Market experts point to the possibility of continued upward price movement for XRP, driven by robust institutional interest and solid technical indicators.
The XRP (XRP) token has experienced a 3.2% decline over the last 24-hour period and currently sits 6% beneath its latest peak of $1.50, trading at $1.42 this Tuesday. However, market experts suggest that despite this recent decline, XRP remains well-positioned for additional upward movement, supported by multiple fundamental and technical elements.
Key takeaways:
- Exchange-traded funds focusing on XRP recorded $25.8 million in fresh capital on Monday, pushing total cumulative net inflows to an unprecedented $1.35 billion.
- Market experts indicate XRP's price action demonstrates the potential for continued upward momentum, with technical analysis suggesting targets reaching as high as $10.
Institutional appetite for XRP ETF products resurges
The level of institutional interest in XRP-focused investment vehicles has been intensifying, based on information provided by CoinShares.
Exchange-traded products (ETPs) centered on XRP registered cumulative inflows of $40 million throughout the week that concluded on May 8. These particular investment vehicles have accumulated $191 million in net positive flows year-to-date in 2026, elevating the overall assets under management (AUM) to $2.5 billion.
James Butterfill, who serves as CoinShares head of research, characterized this as a "notable acceleration" in capital inflows, bolstered by recent developments surrounding the US CLARITY Act, which references a final compromise legislative proposal concerning stablecoin yields that was made public on May 1.
At the same time, capital movement into spot-based XRP exchange-traded funds (ETFs) persists, with more than $25 million recorded on Monday, representing the fifth consecutive trading day of positive net inflows, and the most significant single-day total since Jan. 5.
This uninterrupted streak of inflows has elevated the AUM to 1.18 billion and driven cumulative net inflows to a record high of $1.35 billion.
This development points toward heightened institutional demand for XRP-related investment products, which may exert a favorable influence on price performance.
"XRP ETFs just recorded their biggest daily inflow" in over four months, crypto analyst Xaif Crypto said in a Tuesday post on X, adding:
"Institutional money is accelerating into XRP at a pace the market is still underestimating."
Another market analyst, CW8900, noted that the 90-day spot taker cumulative volume delta (CVD) for XRP has turned positive, indicating that "upward pressure in the spot market is increasing."
According to previous reporting by Cointelegraph, social media sentiment surrounding XRP recently climbed to levels not witnessed in two years, enhancing XRP's probability of achieving a sustained price recovery.
Market participants believe XRP is "preparing for another rally"
Information sourced from TradingView indicates that XRP/USD has gained 5% during May thus far, while its futures open interest (OI) has climbed 23% throughout the identical timeframe, according to data compiled by CoinGlass.
"The upward momentum of $XRP is growing," CW8900 said in response XRP's growing OI, adding:
"It is preparing for another rally."
In a post shared on X this Tuesday, analyst Bird stated "XRP will rally next" following the price's successful breach above a support line spanning multiple months on the daily timeframe chart.
Market analyst ChartNerd contends that XRP's rebound from a multi-month ascending trendline support establishes "the stage for a breakout" in the direction of $1.80, with additional confirmation provided by a golden cross formation on the weekly MACD indicator.
Meanwhile, CryptoPatel establishes a considerably more aggressive price target, suggesting that the XRP/USD trading pair has the potential to replicate the Q4 2024 rally performance on "the road to $10" following its breakout from the $1-$1.30 accumulation zone.
Based on earlier Cointelegraph coverage, numerous technical analysis indicators have suggested that a price breakout for XRP could already be in motion, with projections indicating a potential rally extending to levels as elevated as $12.