XRP jumps 6% as exchange data points to institutional accumulation

Break above $1.37 draws strong spot demand, with ETF inflows and retail buying suggesting positioning shift. What to know : XRP rose about 6% to roughly $1.42 as spot buying sharply outpaced selling, with one exchange reporting retail purchase volumes up 212% between Feb. 23 and 24. New XRP exchange-traded funds have accumulated about $1.1 billion in net assets since mid-November, drawing steady inflows even as bitcoin ETFs are down for the year, suggesting a rotation within crypto holdings. Traders are watching whether XRP can hold the $1.40–$1.42 area as support and break above resistance near $1.45, with a drop below $1.37 risking a failed breakout and return to the prior trading range.