XRP News Today: XRP Soars 44% on Retail and Institutional Demand Amid Market Volatility

XRP has surged 44% in the past month, drawing attention from both retail and institutional investors, while also prompting speculation about a near-term pullback. The cryptocurrency’s price recently reached $3.13, with a market capitalization of $185.8 billion, and has been consolidating around this level after a sharp rally [1]. Analysts note that XRP is the only major altcoin to hit all-time highs alongside Bitcoin in the recent upswing, reinforcing its position as a top-performing asset in the crypto market [1].

Despite the gains, signs of caution are emerging. Retail investors remain bullish on XRP, holding strong spot positions even as founder wallets continue to sell, with over $10 million still held [1]. Technical indicators suggest a potential dip below $3 could serve as a high-reward entry point. Traders and analysts like Crypto Bully and More Crypto Online suggest that a move under $2.75 could confirm a local bottom before a resumption of the uptrend [1].

Market dynamics are also shifting with increased activity. Santiment data shows that XRP’s average investment age has dropped by 91 days, signaling that dormant coins are re-entering circulation [1]. Coinglass reported $13 million in liquidations over the past 24 hours, with $10.8 million in long positions affected. Meanwhile, XRP options volume and open interest surged by 99.2% and 32.3%, respectively, reflecting heightened speculative interest [1].

The broader crypto market has seen a pullback, with 98 of the top 100 coins declining in value in the last 24 hours. Market capitalization has dipped below $4 trillion, and the fear and greed index has shifted toward neutral territory [5]. However, optimism remains, particularly around Ethereum, with a 45% chance of reaching $4,500 by late August [5].

Institutional support for XRP is also growing. Coinbase International announced plans to expand its derivatives offering with nano XRP and nano Solana (SOL) perpetual futures, starting August 18. These contracts will offer up to 10x leverage with smaller sizes, aiming to broaden access for both retail and institutional investors [1]. This development signals increasing confidence in XRP as a leveraged trading instrument and a broader utility beyond speculative trading [1].

Looking ahead, the trajectory of XRP and the broader market could be influenced by key U.S. economic developments, including trade and tariff news, tech company earnings, and Federal Reserve policy decisions. ETF inflows continue to support the market, with US Bitcoin spot ETFs recording $157.03 million in inflows on July 30, and Ethereum ETFs seeing $65.14 million in inflows on the same day [5].

While the SEC is reportedly maintaining a more accommodating stance toward XRP, volatility remains a key factor. With $105 million in recent liquidations reported, the market must navigate uncertainty. The convergence of ETF optimism and legal clarity has positioned XRP for potential further gains, but whether these gains are sustained or lead to a correction remains to be seen [1].

Source:

[1] Benzinga

https://www.benzinga.com/news

[5] Cryptorank

https://cryptorank.io/news/feed/0a7ea-why-is-crypto-down-today-july-29-2025