XRP Gains 6.6% to $1.45 Amid Whale Buying and ETF Inflows

XRP advanced 6.61% to trade around $1.45, following a brief rally that saw the token near $1.70 in August before settling back to the $1.36‑$1.37 range.

Key market drivers

• On‑chain data shows wallets holding 1‑10 million XRP added roughly 380 million XRP, indicating continued accumulation by large investors.
• Cumulative net inflows into spot XRP exchange‑traded funds reached about $1.57 billion by late August, providing capital support.
• Whale activity and ETF demand are shifting XRP trading from a primarily retail focus toward more regulated, portfolio‑based ownership.

Regulatory backdrop

Investors are monitoring the U.S. Senate’s September 15 vote on cloture for the CLARITY Act, which could influence short‑term sentiment for XRP and other digital assets.

Outlook and price targets

Market participants discussed the possibility of XRP reaching $2 in the coming months, though no consensus was reached. Analysts note that breaking key resistance levels and sustained institutional inflows will be critical for further upside.

Broader market sentiment

A recent poll indicated that while 67% of respondents do not currently hold cryptocurrency, 60% expect prices to rise through 2026 and plan to build positions over the next year, highlighting a gap between belief and action.