The Ripple ecosystem experienced significant shifts over the past week, marked by network integrations, a surge in institutional ETF inflows, and heightened price volatility for the XRP token.
Ecosystem and Network Developments
Reports emerged indicating that FedNow Payments enabled payments using Ripple tokens following an integration with Volante. Volante provides platform connectivity to FedNow for domestic payments in the US and to Ripple for cross-border services.
In Asia, Gemini co-founder Tyler Winklevoss announced that users of the exchange in Singapore can now deposit and withdraw XRP through the native XRP Ledger (XRPL) network. Concurrently, data cited by analyst Ali Martinez from Santiment showed that active XRPL addresses surged by over 650% in recent days, climbing from 47,180 to just over 356,000.
Meanwhile, institutional appetite for spot XRP exchange-traded funds rebounded. Last week, particularly after Wednesday, spot XRP ETFs recorded nearly $40 million in net inflows, marking their best weekly performance since May and bringing total cumulative flows to a new all-time high of just over $1.55 billion. Bitwise’s XRP fund extended its lead as the largest fund.
Ripple CEO Brad Garlinghouse commented on meetings in Washington—including the White House Crypto Summit and a CFTC Innovation Advisory Committee meeting—stating that all parties, including traditional finance, desire clear industry regulation likely to stem from the CLARITY Act.
XRP Price Action
XRP experienced notable price fluctuations over the week. After struggling to maintain the $1.00 support level, the asset joined a broader crypto market recovery that began on Wednesday afternoon. XRP surged approximately 70% in less than 72 hours, moving from $1.00 to $1.70 by Saturday morning, a move largely attributed by on-chain data to whale accumulation of roughly 400 million tokens.
After hitting $1.70, the asset faced heavy resistance and pulled back to around $1.50. Analysts, including trader CasiTrades, noted that the token tested the macro 0.618 resistance level and must break and successfully retest above that resistance to signal a structural trend shift.
