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    MarketForces Africa » MarketForces News » XRP Retakes $1.35 after Ripple Leads Crypto Inflows

    XRP Retakes $1.35 after Ripple Leads Crypto Inflows

    Julius AlagbeBy Julius AlagbeApril 10, 2026Updated:April 10, 2026 News No Comments2 Mins Read
    XRP Retakes $1.35 after Ripple Leads Crypto Inflows
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    XRP Retakes $1.35 after Ripple Leads Crypto Inflows

    Ripple (XRP) price climbed to $1.35 during early trading on Friday after hitting a low, as sell pressure in the global cryptocurrency market weighed on prices of top digital assets.

    The rebound signals that XRP is navigating a tense consolidation phase, balancing foundational growth against cautious market sentiment. However, crypto analysts remain optimistic with the renewed inflows from institutional investors.

    Trading volume has increased by about 5% on the day to $2.6 billion amidst renewed buying interest after XRP failed to break resistance. The selloffs kept XRP’s market value hovering between $80 and $82 billion.

    XRP’s current narrative is split between steady institutional groundwork and a market purging speculative froth. Investors are watching whether the impending regulatory clarity from the CLARITY Act roundtable provides the catalyst to break the consolidation

    Meanwhile, Ripple’s treasury minted an additional 2 million RLUSD stablecoins on the Ethereum network, increasing the circulating supply to roughly $2 million.

    According to crypto analysts, this is part of routine liquidity management to support the stablecoin’s adoption in payments and trading.

    This is neutral for XRP as it focuses on ecosystem utility rather than direct tokenomics. It signals Ripple’s ongoing efforts to build RLUSD’s liquidity, which could strengthen its payment infrastructure over time.

    During the week, a cascade of liquidations on Binance wiped out approximately $15 million in leveraged XRP positions, primarily longs, around the $1.25 level. This marked the largest open interest reset in the past 10 days.

    The market saw this as a short-term bearish cleanse that removes overleveraged speculation, potentially creating healthier conditions for a future move. It underscores the market’s current fragility and sensitivity to derivatives activity.

    XRP has taken the lead in the cryptocurrency market recovery, driving $224 million in inflows into digital asset investment products.

    With $119.6 million in inflows, XRP saw its strongest performance since December 2025, largely driven by institutional investors in Europe, as total market sentiment reversed from a previous period of outflows XRP Price Jumps 5% Ahead of Japan Conference

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    Julius Alagbe
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    Julius Alagbe is a senior financial journalist and Editor at MarketForces Africa with nearly two decades of experience in finance, accounting, and economics reporting.He is one of Nigeria's most prolific financial market reporters, covering capital markets, monetary policy, corporate earnings, banking, telecoms, and macroeconomic developments across Africa.Julius has built a strong footprint reporting on Nigeria's leading corporates and financial services sector, including coverage of the Nigerian Exchange Group, Central Bank of Nigeria monetary operations, MTN Nigeria, GTCO, and major investment banking transactions.He regularly monitors the CBN’s open market operations, interbank FX markets, and equity market movements, providing readers with real-time intelligence on Nigeria’s financial landscape.His reporting draws on direct access to institutional research from firms including Moody’s Ratings, CardinalStone Securities, Fitch, and other leading African investment houses.Julius brings analytical depth and editorial rigour to every story, making complex financial data accessible to professionals, investors, and policymakers across Africa.Julius Alagbe is based in Lagos, Nigeria.

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