Major cryptocurrency XRP is flashing a critical bullish signal as on-chain data reveals whales are accumulating over 11 million tokens daily, coinciding with a price rebound to $1.34–$1.35 despite broader market turmoil. The aggressive accumulation, marked by accelerating exchange outflows that reduce immediate sell-side pressure, suggests a significant supply squeeze is underway, historically a precursor to upward price movement.

Spot XRP ETFs saw $41 million in inflows in 2026

Traders are watching a familiar whale pattern unfold, but caution remains as institutions hedge their bets at $1.35. Analysts have noted that a breakout could trigger a fast move to $1.40 and $1.60. Some even noted that a clean break above resistance will flip the switch from accumulation to momentum, signaling that the market is finally ready to scale. Trading volume has also surged 72%, suggesting a possible price rally.

Increased outflows from exchanges are also helping ease sell pressure, with past XRP trends showing such shifts can precede big moves—though not necessarily long-term ones. Moreover, spot XRP ETFs have attracted $41 million in inflows since the start of the year, signaling increased institutional demand.

Analysts have also been cheering a spike in active XRP users, noting that this looks like a genuine organic recovery rather than a hype-driven bubble.

The XRP Tokyo conference will start on April 7

Official schedules confirm that the much-awaited XRP Tokyo 2026 conference will take place on April 7. The conference will center on the XRPL ecosystem evolution, focusing on the transition from traditional and decentralized finance to a new ecosystem. The leaders will discuss the scaling of asset tokenization and enterprise-grade DeFi solutions.

Ripple’s top brass, including Christina Chan, Tatsuya Kohrogi, and Markus Infanger, will join industry titans from Securitize Japan, Evernorth, a16z Crypto, and SBI Ripple Asia. In total, more than 3,000 crypto and finance professionals are expected to attend, with a speaking faculty of more than 20 executives driving the conversation.

So far, most X commenters on the event have expressed their excitement, hoping that it will help drive further progress. One user even commented, “Things are converging.”

At the moment, Japan is far more than just a regional hub for Ripple; it is the cornerstone of its. Asian strategy. Just last year, the partnership with SBI to bring RLUSD to Japan was a game-changer, and this week’s event is seen as the next logical step in Ripple’s high-stakes regional expansion.

More recently, the firm’s  CEO, Brad Garlinghouse, noted that institutional players are increasingly looking to integrate crypto assets and RLUSD into their existing financial frameworks. He also shared that the industry is moving past the “pet rock” era, arguing that crypto is no longer a fringe experiment but the essential toolkit for rebuilding global finance.

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