XRP Price Holds $2.00 Floor Amid Strong Institutional Demand and ETF Adoption
XRP price rebounded from the $2.00 floor as institutional buyers absorbed liquidity, supporting the market. Volume during the $2.03–$2.00 flush spiked to 129.7 million XRP, about 251% above the 24-hour average, highlighting elevated trading activity.
Since the launch of U.S. spot XRP ETFs, cumulative demand has exceeded $1 billion, marking the fastest early adoption pace for any altcoin ETF to date. This institutional demand has helped offset declining derivatives open interest, even as retail participation remains muted.
Currently, XRP is trading between $2.00 and $2.08, with three intraday advances to $2.08 unable to clear resistance. The price has consolidated around the $2.06–$2.08 range with technical indicators showing higher intraday lows and developing bullish divergence. However, volume expansion on upside moves is needed to sustain a breakout.
A decisive break above $2.11 would likely ignite upward momentum toward the $2.20–$2.26 supply zone. On the downside, failure to hold the $2.00 support level risks a retest near $1.95, where ETF buying may reemerge, creating an asymmetric upside potential if resistance is eventually broken.
