XRP price recovered above $1.40 as institutional inflows strengthened confidence across the cryptocurrency market.
Bitcoin price held above $80,000, while Ethereum advanced beyond $2,500 as digital assets extended their recovery.
The total crypto market capitalization rose 3.05% in the last 24 hours to $2.7 trillion. The improvement was in response to institutional involvement and demand for regulated investment products.
XRP ETF Demand Strengthens, Hitting Second-Largest in 2026
Data from SoSoValue indicates that on August 26, $28.14 million worth of activity took place on US spot XRP exchange-traded funds (ETFs).
That was the second-highest daily inflow in 2026, as XRP slipped from a last week high of around $1.69. The only month higher was January 5, when the funds collected $46.1 million.
Bitwise’s XRP ETF led Wednesday’s subscriptions with $13.12 million, representing 46% of combined inflows. Next came Franklin Templeton with its $9 million XRPZ fund and Canary Capital with $6.01 million in its XRPC fund. During the session, there were no flows reported for 21Shares and Grayscale.
XRP has gained about 20% over seven days after three weeks of weakness. The token continued its rally into $1.69, but prices were held back as resistance met with profit taking. But ETF subscription data indicates that investors have been willing to pick up more during the temporary declines.
Meanwhile, large holders also amassed around 460 million XRP, the highest number of buy actions since February. This is an indicator of greater confidence on the part of big wallets, but it can also lead to more volatility because of the massed wallets.
In addition to the near-term perspective, the XRP system is more favorable with more liquidity and sustained institutional attention. The measures of momentum indicate that the ongoing rally might have been excessive to deal with. That reading increases the chances of a consolidation prior to a subsequent move up.
Treasury bond buybacks also helped as they boosted liquidity throughout risk-sensitive markets. If XRP manages to hold the $1.40 region, then continued appetite for ETFs could pave the way for another test of the $1.69 price point.
How High Can XRP Price Go?
The XRP price traded at $1.4634 on August 27, following a rebound from recent support.
The Relative Strength Index had a reading of 56.48, which is above neutral. This was a sign of regaining momentum but still below the average.
The Chaikin Money Flow had a 0.04 value, which is only slightly more than the neutral level of the volume indicator. The first level of resistance was at the $1.50 mark, and a sustained breakout could enable the price to rise further.
The next target was $1.60, which is about 9.3% higher than the displayed price.
Support level was holding near the $1.38 level, with the latest pullback finding a temporary bottom from which it rebounded.
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