BTCC / BTCC Square / XRP News /
XRP Gains Momentum in Crypto Inflows Amid Market Volatility

XRP Gains Momentum in Crypto Inflows Amid Market Volatility

Author:
XRP News
Published:
2025-04-24 06:43:58
9
2
[TRADE_PLUGIN]XRPUSDT,XRPUSDT[/TRADE_PLUGIN]

In a week marked by mixed signals for cryptocurrency investments, XRP emerged as a notable gainer despite broader market challenges. According to CoinShares’ latest weekly report, crypto investment products recorded modest net inflows of $6 million, though macroeconomic data from the US played a pivotal role in shaping fund flows. Stronger-than-expected US retail sales data triggered a mid-week capital outflow of $146 million, offsetting earlier gains. While Ethereum saw declines, XRP capitalized on the shifting investor sentiment, showcasing resilience in a volatile market. This summary delves into the key developments and their implications for XRP’s trajectory as of April 2025.

XRP Gains in Weekly Crypto Inflows as Ethereum Declines

According to CoinShares’ latest weekly report, crypto investment products saw slight net inflows last week totaling $6 million. Despite a stable start, broader macroeconomic data, particularly from the US, significantly impacted fund flows. Notably, stronger-than-expected US retail sales data mid-week led to a significant capital outflow of $146 million, erasing much of the earlier gains. Among individual crypto assets, XRP gained ground, while Ethereum continued its downtrend. Overall, investor sentiment remained uncertain, with variations both across regions and among crypto assets. European sentiment remained positive despite the outflows in the US.

Ripple: Potential for XRP to Reach $10

Ripple’s XRP token is a significant cryptocurrency in the market, partially due to its connection with rising ETF narratives and global collaborations with major financial institutions. Currently priced at $2, investors are eager to know if XRP has the potential to climb to higher price points, potentially reaching double digits. Analyst Egrag Crypto offers insights into when XRP might achieve the $10 mark and beyond.

Ripple (XRP) Price Forecast: Set for Breakout as Trump Softens on Fed Chair Powell

XRP price has gained strength above $2.00, rallying alongside crypto majors like Bitcoin, Ethereum, and Solana. United States President Donald Trump has clarified that he has no intention of firing Fed Chair Jerome Powell and has urged him to be proactive and lower interest rates. This has contributed to the positive sentiment surrounding XRP. The price of Ripple (XRP) continues to recover above support at $2.00 and is currently trading at $2.23. The international money remittance token shows signs of a sustainable uptrend, targeting the psychological resistance at $3.00. The risk-on sentiment has returned to the market after a significant drawdown earlier this month.

XRP Price Soars on Regulatory Clarity and BTC Momentum

XRP’s price hit $2.14 recently, fueled by regulatory clarity from Ripple, institutional uptake, and Bitcoin’s surge past $90,000. Experts predict a potential $5.81 peak for XRP this year. Meanwhile, Remittix (RTX) has raised over $14.5 million in its presale, adding to the Optimism in the crypto market.

XRP Ledger Fixes Security Flaw in Popular Developer Tool

The XRP Ledger Foundation uncovered a critical security vulnerability in its widely used JavaScript library, a cornerstone for interacting with the XRP Ledger blockchain. Sophisticated hackers had embedded a backdoor into the open-source code, enabling them to siphon off private keys and compromise digital wallets. The breach threatened hundreds of thousands of applications, setting the stage for a devastating supply chain attack across the cryptocurrency landscape. Swift action by the foundation neutralized the threat, with an immediate patch deployed to secure the repository. The incident underscores the persistent risks lurking in the open-source ecosystem, where a single flaw can Ripple through the entire financial infrastructure.

Ripple Aims to Replace SWIFT, Predicts XRP Could Reach $15K

Ripple, through its Senior Vice President of Strategic Initiatives Eric van Miltenburg, has confirmed the company’s ambition to replace the SWIFT network, which handles around $5 trillion in daily transactions. This definitive statement, made during a 2025 World Economic Forum panel in Davos, sparked an immediate reaction from the XRP community and industry observers. The prediction that XRP could reach $15K has gained traction among investors and analysts alike.

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users