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XRP News Today: XRP's Role in International Transactions Strengthens as ETFs Spark Institutional Movement

XRP News Today: XRP's Role in International Transactions Strengthens as ETFs Spark Institutional Movement

Bitget-RWA2025/11/26 23:04
By:Bitget-RWA

- XRP's price nears $2.30 threshold amid ETF-driven institutional interest, with Canary Capital's XRPC ETF attracting $13M net inflows despite broader crypto outflows. - Technical analysis highlights fragile support at $2.03 and critical resistance at $2.45, with breakdowns risking a slide to $1.50 while breakouts could trigger bullish momentum. - XRP's real-world utility gains traction via SWIFT GPI integration, demonstrating cross-border payment efficiency that differentiates it from speculative altcoins

XRP's price is currently at a crucial point as it approaches the significant $2.30 mark, with recent trading activity and institutional moves influencing its short-term prospects. The debut of the

(XRPC) on Nov. 13 represented a major development, and $13 million in net inflows by its fifth trading day. This stands in stark contrast to the outflows seen in ETFs, with BlackRock's iShares Bitcoin Trust experiencing a record $523 million withdrawal on Nov. 19 . While the ETF's performance is more modest compared to its $58.5 million opening day, it still reflects rising interest in XRP-focused investment products amid ongoing crypto market turbulence.

Even with this institutional momentum, XRP's price has

, declining for seven straight days between Nov. 11 and 17. Blockchain data indicates the asset could be entering an attractive buying range, that XRP's MVRV ratio and a drop in active wallets may point to a possible recovery. Still, technical indicators highlight the vulnerability of current support. If prices fall below $2.03, a sharper decline toward $1.50 could follow, while a steady move above $2.30 would signal renewed bullish strength
XRP News Today: XRP's Role in International Transactions Strengthens as ETFs Spark Institutional Movement image 0
. Surpassing the $2.45 barrier could mark a turning point in market sentiment, .

XRP's practical applications are also drawing more attention.

, which brought together and the R3 Corda Settler, highlighted its potential as a cross-border settlement currency. This initiative, conducted under strict regulatory oversight, demonstrated XRP's capacity to improve settlement speed and transparency—qualities that could encourage institutional use beyond mere speculation. that such real-world applications could set XRP apart from other altcoins, making it a viable option for financial infrastructure.

There is still no consensus among traders about XRP's immediate direction.

the token rebounding to $2.60 if the $2.03 support holds, with retests of trendlines and possible new yearly highs as important milestones. On the other hand, a drop below $2.00 could send XRP down to $1.78, especially if broader economic conditions deteriorate. While ETF inflows are a positive sign, they may not be enough to counteract larger market forces. For instance, notable price changes after its launch, highlighting the need for ongoing institutional interest.

Looking forward, XRP's fate will depend on three main factors: whether it can break through the $2.30–$2.45 resistance range, the rate of ETF inflows, and Bitcoin's overall performance.

could boost XRP's liquidity, while continued weakness in Bitcoin might limit its gains. As of Nov. 25, XRP is trading at $2.19, balancing between optimism from accumulation and resistance from established supply zones . The next few weeks will be pivotal in determining if XRP can evolve from a speculative asset into a foundational part of the global financial landscape.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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