TLDR

  • XRP advanced 7% over 24 hours, touching $1.46 following reports of potential Iran–U.S. diplomatic engagement
  • Spot ETFs tracking XRP attracted $7.53 million in additional capital on Tuesday, extending the inflow streak to six consecutive sessions
  • Combined assets under management for XRP ETF products have reached approximately $1 billion
  • Open Interest in XRP futures contracts declined to $2.11 billion, representing the lowest level observed since January 2025
  • Technical resistance appears concentrated between $1.50 and $1.54, while immediate support remains around $1.40

XRP experienced a significant upward move of approximately 7% on Wednesday following emerging reports that Iran had communicated receptiveness to diplomatic dialogue with the United States.

xrp price
XRP Price

The digital asset climbed to $1.46, accompanied by a substantial 39.71% increase in trading volume, which reached $4.1 billion within 24 hours.

The cryptocurrency market experienced widespread gains during this period. Overall market capitalization expanded by 6.28% to reach $2.49 trillion, while Bitcoin surpassed the $73,000 threshold and Ethereum advanced beyond $2,100.

Market momentum accelerated after The New York Times published a report indicating that Iran’s Ministry of Intelligence had conveyed a message to the CIA through back-channel intermediaries expressing readiness to explore conflict resolution.

U.S. President Donald Trump had earlier confirmed receiving contact attempts while indicating that formal negotiations might face delays.

Market participants reacted by reallocating capital toward higher-risk assets, generating substantial upward pressure on cryptocurrency valuations throughout the sector.

XRP ETF Inflows Maintain Momentum

Spot ETF products tracking XRP captured $7.53 million in net inflows on Tuesday, representing the sixth straight session of positive capital movement.

Source: SoSoValue

Bitwise’s XRP ETF product dominated daily flows with $6.08 million in fresh investment. The fund’s cumulative net inflows have reached $10.77 million.

Canary Capital’s XRPC ETF product added $1.45 million in inflows during the same trading session.

Combined assets under management across all XRP spot ETF products total approximately $1 billion, while cumulative inflows have reached $1.255 billion based on SoSoValue tracking data.

On the ecosystem development front, Doppler Finance revealed a strategic partnership with cryptocurrency custodian Hex Trust to integrate wrapped XRP into its institutional blockchain infrastructure as a reward distribution mechanism.

Ripple separately confirmed recent strategic acquisitions of Palisade, a custody and treasury automation platform, along with Rail, which provides virtual account and collections infrastructure.

Technical Levels to Watch

XRP continues trading beneath its 50-day, 100-day, and 200-day exponential moving averages, which maintain downward trajectories.

The SuperTrend indicator remains positioned at $1.61, continuing to trade above current price levels and maintaining a broader bearish technical framework.

The RSI indicator was approaching 66 on the 4-hour timeframe, suggesting strengthening buying pressure. The MACD histogram also displayed a recent bullish crossover signal.

Futures Open Interest contracted to $2.11 billion on Wednesday, declining from $2.25 billion in the previous session and substantially below the $10.94 billion peak recorded in July 2025.

A confirmed breakout above the $1.50 level could establish a pathway toward $1.60. Loss of support at $1.45 may trigger downside movement toward the $1.40 zone.

As of Wednesday afternoon trading hours, XRP was changing hands around $1.41, maintaining a position approximately 62% below its all-time high of $3.65.