XRP Price Holds Steady Amid ETF Buzz and Whale Sell-Offs
The XRP price is trading around $2.84, moving within a narrow range between $2.80 and $3.10 as markets digest new developments in institutional adoption and speculation around platform-traded funds (ETFs). The cryptocurrency has faced downward pressure from whale trade-offs but continues to attract significant attention through its expanding ecosystem and increasing interest from investors.
Institutional momentum builds
Ripple recently announced a collaboration with DBS and Franklin Templeton to enable tokenised money market fund trading on the XRP Ledger (XRPL). This initiative marks a significant step in expanding the asset’s role in institutional finance. Ripple’s RLUSD stablecoin has also been integrated into the program, strengthening XRPL’s infrastructure for institutional adoption. Analysts suggest such partnerships could underpin the long-term growth of the XRP ecosystem, giving the digital asset more utility beyond speculation.
The launch of a spot XRP ETF has further boosted momentum. The new investment product has attracted higher trading volumes, sparking discussions around broader adoption. Some analysts argue that the ETF could serve as a catalyst for long-term appreciation, provided that XRP sustains momentum above its current support levels. This adds another layer to the ongoing debate about the XRP price outlook in the coming months.
Whale activity and technical pressure
Despite the optimism generated by institutional developments, XRP continues to face tradeing pressure. Whale activity has been particularly notable, with reports indicating that large holders sold over $480 million worth of XRP in recent weeks. This has created resistance in the $3.00 to $3.20 zone, limiting upward momentum. Traders caution that if the $2.80 support level fails to hold, the XRP price could decline toward $2.50.
Macro market sentiment is also influencing XRP’s trajectory. Broader fragileness across the crypto sector, tied to uncertainty over Federal Reserve policy and risk-off sentiment in global markets, has weighed on digital assets. XRP has mirrored this trend, with profit-taking adding to the volatility. Retail and institutional participants are navigating a market where optimism about ETFs and partnerships is offset by caution around short-term risks.
Analysts remain split on the future direction of the XRP price. Some technical analysts argue that a breakout above resistance could drive the token toward the $3.70 to $4.00 range, with bullish forecasts even suggesting potential moves to $5 or higher if adoption accelerates. Others remain wary, warning that persistent whale activity and fragile support levels could lead to a correction.
Futures open interest and trading volume have increased, suggesting heightened participation. This reflects both growing speculative interest and the potential for larger institutional flows following the ETF launch. For now, XRP remains caught between bullish institutional developments and bearish tradeing pressure, making its price outlook uncertain.
As investors watch the $2.80 support level closely, the XRP price is likely to remain a focal point in the broader crypto market narrative. Whether institutional adoption outweighs short-term tradeing will determine if XRP stabilizes above its current range or faces renewed downward pressure in the weeks ahead.
