XRP Bulls Gain Momentum: Institutional Inflows Reach Multi-Month Highs

XRP is witnessing a significant surge in trader confidence as institutional investment pours into the ecosystem, driving open interest to new heights even amidst minor price fluctuations.

Institutional Appetite Accelerates

Market data reveals a major shift in investor sentiment, with spot XRP exchange-traded funds (ETFs) recording nearly $26 million in inflows in a single day—the highest level since early January. This momentum has pushed total assets under management for XRP-based investment products to approximately $1.18 billion. According to CoinShares, year-to-date net inflows have now reached $191 million, a trend experts describe as a "notable acceleration" partly fueled by legislative developments like the U.S. CLARITY Act.

Technical Signals and Market Sentiment

On-chain metrics are reinforcing the bullish outlook. XRP’s futures open interest has climbed 23% in May, signaling that traders are placing larger bets on the token's future performance. Furthermore, the 90-day spot taker cumulative volume delta has flipped positive, indicating a steady rise in buying pressure within the spot market. Social media sentiment surrounding XRP has also hit a two-year high, adding cultural momentum to the financial data.

Analysts Predict Potential Breakout

While XRP currently trades around $1.46, several technical analysts believe the stage is set for a substantial rally. Chart patterns show the token bouncing off a multi-month ascending support line, with some forecasting a move toward the $1.80 mark. More aggressive predictions suggest that if XRP breaks out of its current accumulation range, it could follow a trajectory similar to its late 2024 rally, potentially targeting psychological milestones as high as $10.