XRP Primed for Breakout? ETF Momentum and Whale Activity Hint at Major Rally
Whales are circling and ETF inflows are surging—XRP might be gearing up for its next big move.
Market watchers spot unusual accumulation patterns as institutional interest grows. Meanwhile, crypto’s favorite ’smart money’ players keep pretending they saw it coming all along.
Will this finally be XRP’s moment, or just another overhyped pump waiting to correct? The charts don’t lie—but your portfolio manager might.
TLDR
- XRP price increased by over 3% today as trading volumes surged 45% to $4.33 billion.
- The CME XRP Futures ETF recorded nearly $6 million in trading volume, outperforming several top altcoin ETFs.
- Volatility Shares launched its XRP Futures ETF on the Nasdaq under the ticker $XRPI and plans a 2x leveraged version.
- Institutional interest in Ripple remains strong despite the ongoing legal proceedings with the SEC.
- If approved, the GENIUS Act will move to the US Senate and may significantly benefit Ripple’s RLUSD stablecoin.
XRP activity has increased sharply amid strong ETF developments, rising volumes, and optimism around stablecoin regulations. The Ripple-linked cryptocurrency surged over 3% today, with a 45% jump in daily trading volumes. Meanwhile, key institutional moves and legislative progress shape a positive outlook for both XRP and RLUSD.
XRP ETFs Drive Institutional Momentum
XRP gained significant traction this week following the successful launch of the CME XRP Futures ETF. Trading volumes for the CME product touched nearly $6 million, outperforming several top altcoin ETFs in volume. This shows that institutional demand for XRP remains strong despite the ongoing legal situation with the SEC.
Today, Volatility Shares launched its XRP Futures ETF on the Nasdaq exchange under the ticker $XRPI. The ETF aims to allocate at least 80% of its value to Ripple-linked futures and products. As outlined in its SEC filing from May 21, it operates through a Cayman Islands subsidiary.
Additionally, the firm plans to introduce a 2x Leveraged XRP Futures ETF to track double the daily gains of XRP. This leverage-based product will offer amplified exposure to price movements in Ripple-linked futures contracts. These developments reflect growing institutional confidence in Ripple-based derivatives.
Stablecoin Bill and RLUSD Expansion Prospects
The GENIUS Act has advanced to the Senate in Washington and awaits a vote. This legislation focuses on regulating stablecoins and could significantly impact Ripple’s U.S.-based RLUSD product. If passed, the bill could support growth for compliant stablecoins in the American financial system.
RLUSD currently has a market cap of $312 million but could expand rapidly under favorable conditions. If it captures just 1% of USDT’s $150 billion market, its value could rise to $1.5 billion, representing a nearly fivefold increase by the end of the year.
Such a rise in RLUSD could also lift Ripple, given its deep integration with Ripple’s ecosystem. Speculation continues around Ripple acquiring USDC issuer Circle, which may further boost stablecoin operations. However, any delay in passing the bill may also stall further crypto legislative action, including market structure and tax reform.
XRP Price Action, Whale Moves, and Market Sentiment
XRP price is up 2.65% today, trading at $2.42, while strong trading activity supports its momentum. Despite overall altcoin gains, Ripple has struggled to break the resistance level at $2.50. The token continues to face strong selling pressure at that level.
Coinglass data shows XRP futures open interest has increased by 27%, reaching over $5.04 billion. This indicates growing demand and bullish sentiment in the derivatives market. Traders are positioning for upward movement amid macro and institutional signals.
On May 21, a single whale address transferred 250 million Ripple tokens from Kraken to an unknown wallet. Such large transfers often precede supply reductions on exchanges and possible price rallies.
