TLDR
- XRP posted a 7% gain over 24 hours, touching $1.46 following news of potential diplomatic engagement between Iran and the United States
- Spot XRP ETFs attracted $7.53 million in net inflows on Tuesday, extending a six-day streak of positive flows
- Aggregate assets under management for XRP ETFs now total roughly $1 billion
- Open Interest in XRP futures contracts declined to $2.11 billion, the lowest level recorded since January 2025
- Critical resistance zone identified at $1.50–$1.54, while support maintains around $1.40
XRP experienced a significant 7% surge on Wednesday following emerging reports suggesting Iran had expressed readiness for diplomatic dialogue with the United States.
The digital asset climbed to $1.46, accompanied by a substantial 39.71% spike in trading volume, which reached $4.1 billion within 24 hours.
The wider cryptocurrency sector experienced concurrent upward momentum. Overall market capitalization expanded by 6.28% to reach $2.49 trillion, while Bitcoin surpassed the $73,000 threshold and Ethereum pushed above $2,100.
The market reaction followed a New York Times article reporting that Iran’s Ministry of Intelligence communicated with the CIA through third-party channels, signaling potential willingness to pursue conflict resolution discussions.
President Donald Trump had previously acknowledged receiving communication attempts but indicated that formal negotiations might face delays.
Market participants responded by reallocating capital into risk-on assets, triggering widespread price increases throughout the cryptocurrency landscape.
Institutional XRP Products Continue Attracting Capital
XRP spot exchange-traded funds registered $7.53 million in net capital inflows on Tuesday, representing the sixth consecutive trading session with positive flows.
Bitwise’s XRP ETF dominated with $6.08 million in daily inflows. The product’s total cumulative net inflows have reached $10.77 million.
Canary Capital’s XRPC ETF contributed an additional $1.45 million during the same trading period.
Combined assets under management for all XRP spot ETF products currently stand at approximately $1 billion, while cumulative inflows have reached $1.255 billion based on SoSoValue tracking data.
On the ecosystem front, Doppler Finance revealed a strategic collaboration with cryptocurrency custodian Hex Trust to integrate wrapped XRP into its institutional blockchain infrastructure as part of a reward distribution system.
Ripple separately confirmed recent strategic acquisitions of Palisade, specializing in custody solutions and treasury automation, alongside Rail, which focuses on virtual account management and collection services.
Chart Analysis and Price Targets
XRP continues trading beneath its 50-day, 100-day, and 200-day exponential moving averages, all of which maintain downward trajectories.
The SuperTrend indicator remains positioned at $1.61, staying above current price action and confirming the prevailing bearish framework.
The Relative Strength Index approached 66 on the 4-hour timeframe, suggesting strengthening buying pressure. The MACD indicator also generated a new bullish crossover signal.
Futures Open Interest contracted to $2.11 billion on Wednesday, declining from $2.25 billion the previous day and substantially below the $10.94 billion peak observed in July 2025.
A confirmed breakout above the $1.50 level could trigger movement toward $1.60. Conversely, losing the $1.45 threshold may result in price retracement toward the $1.40 support area.
As of Wednesday afternoon trading, XRP changed hands around $1.41, remaining approximately 62% below its historical peak of $3.65.
