XRP faces a significant hurdle as it attempts to reach the $2 level, requiring an estimated 45% rally from its current position. After August’s sharp uptrend, the token enters September in a corrective phase, keeping the psychological $2 target in sight but far from assured.
XRP price performance and ETF inflows
On August 31, XRP traded around $1.38, marking a 1.8% decline over the preceding 24 hours. For most of the second half of August, XRP fluctuated between $1.35 and $1.55. Despite recent softness, the cryptocurrency posted a robust 31% gain across August, temporarily spiking to $1.70 during the month’s rally.
Institutional interest, particularly through spot XRP ETFs, has emerged as the strongest driver for further upside. US-listed spot XRP ETFs attracted $110.49 million in inflows during the week ending August 28, recording their best weekly intake of 2026. Cumulative net inflows into these funds have reached approximately $1.66 billion, with the ETFs currently holding around $1.44 billion in net assets.
XRP surged above $1.70 in August, outperforming other major cryptocurrencies as Korean spot demand and ETF inflows accelerated. Meanwhile, US spot XRP ETFs recorded $110.49 million in weekly inflows, driving cumulative net investments to $1.66 billion.
Bitwise led the most recent week with about $59.95 million in inflows, followed by Franklin Templeton with an additional $28.70 million. These figures signal that institutional demand via ETFs continues even as XRP prices face corrective pressure.
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AAPLNevertheless, the current price-action momentum remains less bullish than the ETF data might suggest. Observers note growing divergence between institutional flows and market price, reinforcing the need for technical confirmation before higher targets become credible.
XRP resistance levels and volatility
Key technical support for XRP is established near $1.35 to $1.36, and at deeper levels between $1.28 and $1.30. On the upside, resistance stands at $1.41 to $1.45, with a more significant barrier at $1.55 to $1.60. A breakout above this resistance area would open the path toward the August highs of $1.70 and $1.80, eventually bringing $2 into focus.
Climbing from $1.38 to $2 demands a 44.9% increase. While this is considerable, XRP demonstrated comparable moves in August, surging 43.7% in just one week and outperforming other top-10 cryptocurrencies as institutional and Korean spot demand surged.
The persistence of ETF inflows during the recent price dip indicates underlying institutional support, though market watchers caution that ETF interest alone does not guarantee price appreciation. Broader market factors such as derivatives positioning, profit-taking, Bitcoin trends, and macroeconomic developments continue to influence XRP’s trajectory.
| Resistance Level | Support Level | Target Price | Required Gain |
|---|---|---|---|
| $1.55–$1.60 | $1.35–$1.36 | $2.00 | ~44.9% |
Mixed data from XRPL and tokenization initiatives
Developments on the XRP Ledger have contributed to the bullish narrative, though the data presents a mixed picture. During a two-week period, active addresses reportedly soared by over 650%, and receiving addresses approached 926,000. However, this broad surge has not been mirrored in all adoption metrics.
Recent data indicates transactions per ledger increased by 191.3%, yet total transactions dropped 42.7%, active accounts fell 73.1%, and overall XRP payment volume plunged 89.2%. This contrast complicates any singularly bullish interpretation of network activity.
Ripple’s RLUSD, a stablecoin integrated within the XRP Ledger, continues to expand along with institutional tokenization efforts. Growth in RLUSD adds a further financial infrastructure component to the Ripple and XRPL ecosystem.
For XRP’s short-term outlook, the focus remains on key technical milestones. Holding above $1.35 would maintain the constructive structure established in August. Regaining $1.45 could help rebuild momentum, while a sustained push past $1.55–$1.60 would once again make the $1.70, $1.80, and ultimately $2 price region relevant.
Only after clearing these resistance stages would $2 become a realistic next price target for XRP, rather than simply a headline objective.
Mini dictionary: RLUSD is a US dollar-pegged stablecoin issued by Ripple, designed to facilitate institutional tokenization and settlement activities within the XRP Ledger ecosystem. It supports on-chain financial infrastructure and expands Ripple’s offering for enterprise and retail users.
