XRP rebounds 32% from $1 as ETF money pours in and whales reposition

XRP is on track for its best monthly performance in over a year, climbing roughly 32% in August after breaking back above the $1 level. The token traded near $1.40 at press time, after reaching $1.70 during last week’s broader crypto rally.

ETF inflows boost demand

U.S. spot XRP exchange‑traded funds recorded a net inflow of about $23.87 million on August 25, the largest daily inflow since May 11. This inflow extended a streak of nine consecutive sessions with positive flows. August’s cumulative inflows now exceed $80 million, bringing total net subscriptions since launch to roughly $1.59 billion and net assets to about $1.46 billion.

RLUSD stablecoin activity expands

Ripple’s RLUSD stablecoin on the XRP Ledger (XRPL) crossed the $2 billion circulating supply mark last week. As of August 25, about $963 million of RLUSD was on XRPL and $1.05 billion on Ethereum, with monthly transfer volume across both networks reaching roughly $11.8 billion. Evernorth reported a 39% increase in RLUSD outstanding on XRPL since May 20, while total stablecoin supply across platforms fell about 6% over the same period.

Whale movements show mixed signals

Large XRP holders have been highly active on both sides of the market. CryptoQuant data shows daily whale inflows to exchanges spiked to around 460 million XRP—the highest level since February—while 30‑day inflows to Binance reached about 1.451 billion XRP, a four‑month high. At the same time, withdrawals from Binance surged to 231 million XRP by August 21, the largest six‑month figure, indicating significant outflows to other venues or custody solutions.

These opposing flows make it difficult to determine whether whales are net accumulating or preparing to sell, but the volume of activity underscores the heightened interest in XRP as the token approaches the end of its strongest month since July 2025.