XRP News Today: XRP Surpasses $3 for First Time Since 2018 on $31M Institutional Inflows

XRP surged past the $3 threshold for the first time since 2018 on August 4, 2025, driven by robust institutional inflows exceeding $31 million. The token reached an intraday high of $3.03, outperforming Bitcoin and Ethereum, which recorded gains of approximately 0.50% and 2.50%, respectively. This marked a significant milestone, positioning XRP among the top-performing cryptocurrencies for the day [1].

The rally was attributed to increased institutional interest and shifting market attention from major coins to altcoins. Ripple’s leadership, including CEO Brad Garlinghouse, has emphasized regulatory clarity as a key factor in adoption strategies, even as the company remains silent on the recent price movement. Analysts note historical patterns suggesting potential further gains if the 2017 fractal holds, forecasting a possible $9 target by early September [1].

Despite the bullish momentum, on-chain indicators have raised concerns. A “death cross” in the MVRV ratio—a measure of market sentiment—has emerged as a bearish signal, suggesting possible volatility ahead. Key support levels are identified at $2.80 and $2.48, and a breakdown below these could trigger a pullback. The altcoin market remains fragile, with weakening momentum reflected in RSI and MACD readings [1].

Mainstream media coverage has also played a role in shaping sentiment. A recent USA Today article highlighted XRP as a top buy with a $500 investment, a stance viewed by some analysts as a contrarian warning sign. Meanwhile, Egrag, a noted crypto analyst, has expressed a long-term bullish outlook. Based on the 6-month price chart, he forecasts potential targets at $4.89 and $48.90 depending on the scale used, with an average projection of $27 [1].

The broader context includes a renewed focus on cross-border payment tokens and macro-crypto sentiment. XRP’s ecosystem developments and ongoing legal proceedings are seen as pivotal in determining future price action. Analysts urge caution, emphasizing the market’s inherent volatility and the importance of monitoring both on-chain metrics and broader financial conditions [1].

For XRP to sustain its gains, it must hold above $3 and retest the level in a bullish manner. A successful consolidation could signal a broader trend reversal, while a breakdown could lead to further corrections. Investors and traders are advised to remain vigilant and adapt to evolving market conditions.

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Source: [1] Coin, https://coinedition.com/xrp-price-breaks-3-dollars-death-cross-warning/