XRP is now moving into one of its most decisive weeks in years, based on a perfect alignment of institutional developments, ETF expansion, and changing supply dynamics. The most important factor behind this trend is the concentration of Spot XRP exchange-traded funds now competing for liquidity in the United States. 

Ripple’s growing institutional footprint is also feeding expectations that this week could represent the beginning of a new bullish phase in XRP’s long-term market direction, especially as exchange reserves continue to decline.

A Landmark Week For Spot XRP ETFs

The arrival of 21Shares’ US Spot XRP ETF has modified the ETF niche, because for the first time five major issuers are trading XRP-backed funds simultaneously. Bitwise, Grayscale, Franklin Templeton, Canary Capital, and now 21Shares have consolidated into a new institutional layer for XRP, and the combined demand is starting to reshape how investors are looking at XRP.

According to data from SoSoValue, total inflows into these funds have already surpassed $824 million, and it’s not even yet a full month of trading. The most interesting thing is that since launch, not a single session has recorded net outflows.

The rise in ETF demand is unfolding at the same moment that the supply of liquid XRP on exchanges continues to thin. Analysts monitoring these flows describe this as one of the most structurally significant developments in years because several Spot XRP ETFs are competing directly for circulating supply while being legally unable to source tokens from Ripple’s escrow.

A price-path sensitivity simulation run by Mohamed Bangura, which was shared by crypto analyst Chad Steingraber, adds another layer to the discussion of how Spot XRP ETFs are a game-changer for the cryptocurrency. His model assumes a baseline ETF demand of 74.5 million XRP per day, an available exchange supply of 2.7 billion XRP, and a periodic escrow addition of 300 million XRP every thirty days. 

He built three scenarios using price elasticity values of 0.2, 0.5, and 1.0 over a 180-day window. All of these scenarios point to huge bullish price targets, with targets ranging from $6 to extreme spikes approaching $600, depending on elasticity.

Ripple’s New Regulatory Milestone Boosts XRP

Ripple has secured a major regulatory upgrade in Singapore, giving its local subsidiary approval to operate a fully licensed payments platform capable of handling fund collection, custody, token conversion, and payouts. This step strengthens Ripple’s global payments push and positions XRP for deeper integration into regulated financial channels.

At the same time, the XRP Ledger is showing a significant rise in on-chain activity. Recent data reveals a jump in AccountSet operations to levels not seen in years, along with a noticeable uptick in new wallets and overall transaction volume. 

The combination of Ripple’s growing regulatory footprint and the XRP Ledger’s latest activity suggests that real-world usage and ecosystem growth are rising just as institutional demand through spot ETFs increases.

XRP price has formed a bullish cross on its weekly Stochastic RSI, creating a bullish sign for the cryptocurrency at a time when its price has been struggling to break away from the $2 region. The cryptocurrency has spent the past several days moving into a downturn, and buyers will now be looking to defend $2.

Even though momentum has been limited, new inflows from recently launched XRP ETFs have kept sentiment from turning full-on bearish. 

XRP Stochastic RSI Undergoes Bullish Weekly Cross

According to crypto analyst ChartNerd, XRP has just printed a bullish cross on its weekly Stochastic RSI while still sitting deep in oversold territory. The chart he shared highlights how the blue %K line has curved upward and crossed above the orange %D line at one of the lowest points of the cycle. 

With this move, the indicator has now repeated a structure that previously marked major turning points during XRP’s past market swings. Oversold weekly conditions paired with a confirmed cross are useful in predicting the early stages of trend reversals, especially when they occur after extended downside momentum. 

ChartNerd pointed out that this same configuration appeared twice recently, first in 2024 and again in 2025, and both instances produced powerful rallies. The 2024 cross preceded a surge of more than 600%, at which point the XRP price went from trading around $0.5 to trading above $3. 

The mid-2025 cross delivered a smaller yet still significant 130% run, at which point the XRP price went from hovering around $2.1 to breaking new all-time highs above $3.6 in July. 

As shown in the chart below, these earlier crosses are marked at similar low points, forming a repeating rhythm of sharp recoveries whenever the weekly Stochastic RSI resets and turns up. The current setup is in the same zone, and this opens up speculation that XRP’s price action may be forming the base of its next major upward leg.

Is Another Major XRP Pump Approaching?

Although past performance does not dictate what happens next, the indicator’s consistency on the weekly timeframe is difficult to ignore. XRP’s price is again positioned inside a compressed region just as it was before its previous large rallies. This time, the price zone to take note of is around $2.

If buyers regain strength and the wider crypto market conditions improve, most notably Bitcoin climbing back above $100,000, then the probability of a stronger XRP reaction increases. The only thing going well right now for XRP is the inflows into US-based Spot XRP ETFs, with $89.65 million worth of new institutional funds coming in on December 1.

A rally similar to the 130% rebound seen during the previous cycle would lift XRP from $2 to about $4.60. A repeat of the much larger 600% surge would place the token above $14. This creates a potential range between $4.60 and $14 if the pattern repeats itself.

The rush toward the XRP Exchange-Traded Fund (ETF) has intensified as new institutional funds move closer to launch. Early data and analysts’ commentary point to a rapidly expanding ETF landscape that could significantly tilt the market toward cryptocurrency. With multiple XRP ETFs now live and more still set to launch, the market narrative is shifting towards major inflows and accelerating demand.

Over 12 XRP ETFs Still Awaiting Launch

Popular crypto analyst JackTheRippler recently highlighted that more than a dozen XRP ETFs are still lined up for launch, reinforcing expectations that institutional interest in the cryptocurrency is still expanding rapidly. Currently, XRP is already dominating the ETF market, with its inflows surpassing those of Solana and Dogecoin. 

Among the investment products still awaiting launch is the 21Shares Core XRP Trust ETF, which is expected to go live this month if final regulatory approvals align. WisdomTree also has an XRP ETF pending as part of its plan to offer a range of digital asset funds. CoinShares is in a similar position, with its XRP ETF application still under review. 

While more issuers are looking forward to a confirmation, a few have already made their market debut. The Bitwise Spot XRP ETF went live on November 20 and quickly drew attention as demand for its spot product dramatically rose. Canary Capital’s XRP ETF launched earlier on November 13, setting a historic record of $58 million on the first day of trading. 

The market expanded further when Grayscale and Franklin Templeton rolled out their XRP ETFs on November 24. Moreover, REX Osprey’s product, which launched in September 2025, was the first-ever XRP ETF approved in the US. 

With over 12 XRP ETFs still unreleased, JackTheRippler predicts that the market could soon see massive adoption. He also expects the complete launch of all XRP ETFs and the potential surge in demand and inflows that could follow to be incredibly bullish for the cryptocurrency’s price. 

The Effect Of ETFs On XRP’s Supply

JackTheRippler has also revealed in a post on X that the combined XRP ETF inflows are already approaching $1 billion within the first month of activity. Current data from SoSoValue shows inflows have reached approximately $643.9 million in just 10 days, indicating that demand has surged as rapidly as many anticipated. Should inflows continue at their present momentum, XRP ETFs could reach the $1 billion milestone within weeks. 

As more ETFs rapidly accumulate XRP to back their products, the available circulating supply on exchanges is tightening. JackTheRippler believes that if this continues, it could trigger a supply shock for XRP. Typically, when a shock like this occurs, it puts upward pressure on prices as demand outpaces the number of tokens available for trading, potentially leading to a rally.

Crypto firm Ripple recently achieved a major milestone, providing a bullish outlook for the XRP price. XRP is also seeing significant demand amid the launch of the U.S. spot ETFs, which could trigger a price surge for the altcoin. 

Ripple Developments That Are Bullish For The XRP Price

In a press release, Ripple announced that its stablecoin RLUSD has gained recognition as an accepted Fiat-Referenced token by Abu Dhabi’s financial regulator. This enables the use of the stablecoin within the region’s financial markets. This marks a positive for the XRP price, as it could boost RLUSD’s demand, thereby increasing the demand for the altcoin as the native token of the XRP Ledger. 

Notably, the on-chain analytics platform Sentora (formerly IntoTheBlock) recognized RLUSD as one of the fastest-growing stablecoins, with its market cap increasing by 38.8% over the last month. Meanwhile, this development follows Ripple’s completion of the Hidden Road deal, which also strategically boosts RLUSD demand and positively impacts the XRP price.  

Meanwhile, crypto pundit SMQKE recently highlighted a U.S. Consumer Financial Protection Bureau report that acknowledged Ripple’s role in revolutionizing the cross-border payments industry through XRP. The report also suggested that Ripple’s payment system could be integrated into the traditional financial system, which would also be huge for the XRP price. 

Notably, the report specifically alluded to Ripple’s growth and expanding partnerships, which could make its payment platform the go-to choice for cross-border remittances. Meanwhile, XRP serves as the bridge currency for the effective settlement of these transfers. It is worth mentioning that Ripple Chief Technology Officer (CTO) David Schwartz has also assured that stablecoins cannot replace XRP’s role as the bridge currency on the XRP Ledger (XRPL). 

XRP’s Demand Is On The Rise

A CryptoQuant analysis revealed that the XRP reserves on Binance are plummeting, which could also trigger an XRP price surge. This development comes amid the launch of the U.S. XRP ETFs. The analysis suggested that institutional demand for the altcoin via these ETFs may have contributed to the decline in Binance’s reserves. 

Binance’s XRP reserves are said to have been steadily decreasing since October and have now dropped to around 2.7 billion XRP, which is one of the lowest levels ever on the exchange. CryptoQuant revealed that roughly 300 million XRP have left the exchange since October 6. The analysis noted that this indicates that real demand is building, which is bullish for the XRP price. 

Bitcoinist recently reported that institutions last week dumped Bitcoin, Ethereum, and Solana for XRP, which was one of the few majors to record inflows amid the broader outflows from crypto funds. If this demand trend for XRP continues, the CryptoQuant analysis stated the XRP price could enter a more structured phase amid expanding institutional interest. 

At the time of writing, the XRP price is trading at around $$2.21, up in the last 24 hours, according to data from CoinMarketCap.

Interest in XRP has increased massively after the launch of Spot XRP ETFs, leading some supporters to float a $100 per token rally before the end of the year. That scenario, however, appears highly unrealistic when basic market fundamentals are considered. 

In a recent post on X, Zach Humphries dismissed triple-digit predictions, calling them “delusional” and warning that they mislead people who don’t grasp the math behind market valuation.

The Market Cap Reality Check

Any attempt to peg XRP at $100 must first contend with its circulating supply and the resulting total valuation that such a price implies. According to Humphries, pushing XRP to $100 would demand a market capitalization of about $6 trillion for the cryptocurrency. That figure amounts to a more than 40-fold increase over current market cap levels, a leap so vast it would require inflows that dwarf anything seen in the crypto industry to date.

The entire crypto market itself has a total capitalization of about $3 trillion. Pushing a single altcoin like XRP to $6 trillion in value would mean the coin alone becomes more than twice as large as the entire crypto market combined. 

XRP reaching $100 is a 4,445% increase from its current price level. Keeping this in mind, it is really unrealistic for XRP to reach $100 even in the next year alone. Therefore, those making claims that the asset can touch $100 before 2025 ends, with only one month left on the calendar, disregard how capital moves, how long accumulation cycles take, and how much work is involved in building market caps of this size. 

The recent emergence of XRP ETFs does offer improved access for institutional and retail investors. However, the expansion needed for XRP to reach $100 is so large that no ETF launch or last-minute rally could generate the necessary inflows or supply shock within the next 35 days.

Long-Term Potential Still Exists

Although the $100 target within the next few weeks appears unattainable, that does not necessarily diminish the long-term appeal of XRP. Enthusiasts who see effects from adoption, regulatory developments, and institutional inflows may still believe in significant upside over a multi-year timeframe. Zach Humpries, for one, noted that he is still very bullish on Ripple/XRP long-term.

The purpose of Humphries’ warning message was to restore perspective, not dampen long-term bullish sentiment. The important message is for XRP enthusiasts to shift their focus away from unrealistic valuations this year and instead consider targets that align with actual market cap growth. 

In a follow-up reply to comments on his post, he mentioned a far more grounded scenario of XRP reaching the $5 region by Christmas. However, this is also very bullish and is dependent on optimism returning to the wider crypto market.

Following the launch of the historic XRP Spot ETFs, the community has been buzzing with excitement, triggering notable success for the funds over the next few days. As the exchange funds continue to attract significant inflows, a crypto expert has outlined the development that is unfolding behind the initiative.

What’s Happening Behind The XRP Spot ETFs

The Spot XRP ETFs are seeing robust growth, but what is happening behind the scenes is quite interesting and demands attention. Pumpius, a crypto expert and investor, has uncovered a subtle play among institutions that is not being shared with the general crowd.

According to the expert, ETF fund managers are legally forbidden from purchasing XRP directly from payment firm Ripple or escrow. This is due to the court’s injunction that every single ETF must acquire the altcoin on the open market only, breaking the concept of shortcuts, backdoor deals, and wholesale buying.

Pumpius has declared this underlying trend at the institutional level to be the most bullish step for the altcoin. His reason hinges on the fact that Ripple will only release what is absolutely necessary from the monthly escrow holdings. 

Furthermore, the payment firm will avoid causing taxable events this way by keeping the escrow untouched. Such a move would imply that Ripple is drip-feeding just enough liquidity to avoid dislocation while ETFs are actively absorbing circulating supply.

The expert considers this pattern the calm before a structural supply shock, and not a sign of stagnation. When the shift happens, it will be seen as a balancing act, a pressure build-up, and a loading phase.

In the meantime, fund managers are already in discussion with Ripple, which means timing coordination is currently ongoing. At the same time, the expert has highlighted that supply dynamics are now being designed in real time.

Once the early balance period concludes and ETF demand continues to rise while escrow is strictly regulated, XRP will not move at a slow pace. Instead, the expert predicts that the altcoin will experience substantial movement, breaking upside resistance levels with violence.

A High Demand For The Exchange Funds

Spot XRP ETFs have become a serious mode of investment in the landscape since their launch. Franklin Templeton recently stunned the market by introducing the Franklin XRP ETF on NYSE Arca and referring to the token as “fundamental to the global settlement system.”

Other major firms such as Bitwise, Grayscale, and Canary Capital have all rolled out their own ETFs, which attracted millions in inflows from their first day. With the robust adoption and interest in the funds, the message is clear that the demand for regulated XRP exposure is bigger than anticipated.

Despite the significant demand, BlackRock, the world’s largest asset manager, has yet to jump into the funds, stating that customer demand is still primarily centered on Bitcoin and Ethereum for now. Furthermore, they believe that regulatory clarity is still not entirely certain despite repeated victories over the US SEC.

However, if the company eventually launches its own fund, it would spur billions of capital and new institutional money. Considering its status in the finance sector, “a BlackRock ETF would be the ultimate stamp of approval.”