XRP price rose 3.51% to $1.43 over 24 hours as institutional demand strengthened across cryptocurrency markets. The broader crypto sector's total value increased 1.5% to $2.79 trillion during the same period, with Bitcoin hovering near $81,000 and Ethereum moving toward $2,600.
Network Activity Climbs
XRP Ledger processed 2,344,225 transactions in the last 24 hours, representing an 8.9% increase over the previous day. The uptick in transaction volume suggests increased usage and asset transfers on the network.
Whale Accumulation and Exchange Flows
Large XRP holders accumulated approximately 1.54 billion tokens worth around $2.2 billion over 96 hours. However, exchange data showed whale inflows to Binance reached 1.6 billion XRP during the past 30 days, the largest since March 2026, creating ambiguity about whether holders intend to accumulate or trade.
Derivatives Market Expands
XRP derivatives volume rose 2.73% to $5.13 billion, while open interest in futures markets increased 8.12% to $3.24 billion. The faster growth in open interest compared to volume suggests increased speculative positioning and leverage in the market.
Technical Levels
XRP price is positioned within an ascending channel following a rebound from the $1.28 level. The relative strength index stands at 65, below the 70 overbought threshold. Immediate resistance sits near $1.45, with potential support at $1.40 and $1.36 if prices pull back.
