Saad Ullah
XRP had a pretty solid week, pulling in $11.8 million from institutional investors after dealing with outflows for three straight weeks. The token's been chilling above that $2 mark, and honestly, it's starting to look like this might just be where XRP lives now.
The numbers come straight from CoinShares' weekly report, which showed crypto investment products grabbed $1.9 billion total. That's nine weeks running of positive flows, pushing the year-to-date total to a massive $13.2 billion - a new record high.
XRP (Ripple) Bounces Back After Rough Patch
Bitcoin did its usual thing, hogging most of the spotlight with $1.3 billion in inflows. Ethereum had its best week since February, snagging $583 million and bringing its recent run to $2 billion - that's about 14% of all the money sitting in ETH products right now.
But here's the thing about XRP's comeback - the timing's pretty interesting. After getting hit with outflows for three weeks straight, seeing money flow back in suggests people are feeling more confident about jumping back into XRP. The price action backs this up too. XRP's trading around $2.21 right now, up about 2.2% for the day with over $1.7 billion changing hands in the last 24 hours.
XRP (Ripple) Finds Its Footing Above $2
Sure, XRP's down a bit for the week, but it's still sitting pretty with a $130 billion market cap. The whole crypto scene still has that risk-on vibe going, even with all the crazy stuff happening around the world.
What's really worth watching is whether this flow of money into XRP keeps up. If it does, XRP's quiet return to the spotlight could end up being one of the bigger stories in a market that's clearly heating up again. The $2 level isn't just a number anymore - it's looking more like XRP's new home base, and investors seem to be buying into that idea.
Saad Ullah
