Close Menu
    What's Hot

    AFC Raises $2bn in Syndicated Loans to Scale Investments

    June 4, 2026

    Naira Slides Against US$, Nigeria’s FX Reserves Near 2009 High

    June 4, 2026

    Equities Investors Lose N561bn as NGX Extends Bearish Run

    June 4, 2026
    Facebook X (Twitter) Instagram
    • Home
    • About Us
    Facebook X (Twitter) Instagram WhatsApp
    MarketForces AfricaMarketForces Africa
    Subscribe
    Thursday, June 4
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    MarketForces Africa » Cryptocurrency » XRP Rallies on ETF Inflows, Ripple Tops Binance Coin
    Cryptocurrency

    XRP Rallies on ETF Inflows, Ripple Tops Binance Coin

    Ogochukwu NdubuisiBy Ogochukwu NdubuisiApril 22, 2026Updated:April 22, 2026No Comments2 Mins Read
    Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
    XRP Rallies on ETF Inflows, Ripple Tops Binance Coin
    Share
    Facebook Twitter Pinterest Email Copy Link

    XRP Rallies on ETF Inflows, Ripple Tops Binance Coin

    Ripple’s XRP price increased to $1.45, slightly underperforming a broader market rally of 2.14% but extending its weekly outperformance, primarily driven by sustained institutional and whale accumulation.

    Briefly, XRP overtook BNB to become the third-largest cryptocurrency by market cap, fueled by a record $65.89 million in spot ETF inflows for April 2026, trading data showed.

    Concurrently, Ripple published a detailed, four-phase roadmap to make the XRP Ledger (XRPL) quantum-resistant by 2028, addressing long-term security concerns for institutional adoption.

    Crypto analysts said the XRP price increased due to combined buying pressure from spot ETF inflows and large wallet accumulation, tightening available supply.

    Spot XRP ETFs recorded their strongest week of inflows in 2026, with a seven-day streak adding over $55 million. In addition, whales purchased over 360 million XRP worth about $500 million in the past week, the fastest accumulation pace in 10 months. This dual-sided buying reduces exchange supply.

    Traders said strong conviction from both compliant institutions and large, patient holders is providing foundational support, making the rally more resilient than sentiment-driven moves.

    Based on trading statistics, the total crypto market cap rose 2.14% on the day, led by Bitcoin’s 2.52% gain on strong ETF inflows and easing Middle East tensions.

    XRP moved in sympathy. Separately, the launch of wrapped XRP on Solana and Ripple’s quantum-security roadmap added positive narrative momentum.

    XRP benefited from a rising tide, but its specific utility expansions (DeFi access, regulatory clarity prospects) helped it outperform major peers like Ethereum over the past week.

    Watch for: Whether Bitcoin can sustain its rally above $77,500, as continued strength would support further altcoin flows. XRP faces immediate resistance at the current $1.45 level, which aligns with the 23.6% Fibonacci retracement. A decisive breakout could target the $1.50–$1.55 range.

    Key support lies at $1.37–$1.38 average. The macro picture hinges on the US-Iran ceasefire outcome by April 22 and progress on the CLARITY Act.

    The technical structure is constructive but at a pivot point; the next directional move will likely be decided by the upcoming geopolitical and regulatory catalysts.

    Technical traders are watching for a daily close above $1.45 on elevated volume to confirm bullish continuation. XRP’s price rise is underpinned by tangible capital inflows from ETFs and whales, setting a firmer floor than speculative rallies. Ethereum Gains 7.1% as Fed Nominee Declares Crypto Holdings

    XRP
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
    Ogochukwu Ndubuisi
    • Website
    • Facebook
    • X (Twitter)
    • LinkedIn

    Ogochukwu Ndubuisi is an editorial content strategist and financial news writer at MarketForces Africa, covering a broad range of topics including Nigeria's equity markets, infrastructure development, energy, government policy, corporate finance, and digital economy.With over 2,400 published articles on MarketForces Africa, Ogochi brings depth and consistency to the publication's daily news coverage.Her reporting spans Nigerian Exchange Group market movements, Lagos State infrastructure projects, and federal government economic policies, oil and gas developments, and emerging sectors shaping Nigeria's economic landscape.She also covers Africa-wide stories, including East African market indices, continental investment trends, and cross-border economic developments.Ogochi works closely with MarketForces Africa's editorial and corporate communications teams to deliver accurate, timely, and well-researched content to the publication's professional readership.Ogochukwu Ndubuisi is based in Lagos, Nigeria.

    Related Posts

    News

    AFC Raises $2bn in Syndicated Loans to Scale Investments

    June 4, 2026
    News

    Naira Slides Against US$, Nigeria’s FX Reserves Near 2009 High

    June 4, 2026
    News

    Equities Investors Lose N561bn as NGX Extends Bearish Run

    June 4, 2026
    News

    Kenya’s Private Sector Activity Deteriorates in May -PMI

    June 4, 2026
    News

    Germany’s Economy Set to Benefit as Europe Raises Defence Spending

    June 4, 2026
    News

    Senate Raises Sugar Tax, Establishes Health Fund for Diseases

    June 4, 2026
    Add A Comment

    Comments are closed.

    Editors Picks

    AFC Raises $2bn in Syndicated Loans to Scale Investments

    June 4, 2026

    Naira Slides Against US$, Nigeria’s FX Reserves Near 2009 High

    June 4, 2026

    Equities Investors Lose N561bn as NGX Extends Bearish Run

    June 4, 2026

    Kenya’s Private Sector Activity Deteriorates in May -PMI

    June 4, 2026
    Latest Posts

    AFC Raises $2bn in Syndicated Loans to Scale Investments

    June 4, 2026

    Naira Slides Against US$, Nigeria’s FX Reserves Near 2009 High

    June 4, 2026

    Equities Investors Lose N561bn as NGX Extends Bearish Run

    June 4, 2026

    Kenya’s Private Sector Activity Deteriorates in May -PMI

    June 4, 2026

    Germany’s Economy Set to Benefit as Europe Raises Defence Spending

    June 4, 2026

    Subscribe to News

    Get the latest sports news from NewsSite about world, sports and politics.

    About US
    About US

    MarketForces Africa is a financial information service provider with interest in media, training and research. The media platform provides information about markets, economies, and crypto, forex markets and investment ecosystem.

    Contact Us:
    Suite 4, Felicity Plaza, Freedom Estate Drive, Lagos-Ibadan Express Road, Magboro
    T: . 08076677707, 08052076440

    Facebook X (Twitter) Instagram Pinterest YouTube
    Latest Posts

    AFC Raises $2bn in Syndicated Loans to Scale Investments

    June 4, 2026

    Naira Slides Against US$, Nigeria’s FX Reserves Near 2009 High

    June 4, 2026

    Equities Investors Lose N561bn as NGX Extends Bearish Run

    June 4, 2026

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2026 Marketforces Africa
    • About
    • Contact us
    • Subscription Plans
    • My account

    Type above and press Enter to search. Press Esc to cancel.