TLDR
- XRP surged 7% over 24 hours to touch $1.46 following news of potential Iran–U.S. diplomatic engagement
- Spot XRP ETFs attracted $7.53 million in net inflows on Tuesday, extending a six-day positive streak
- Combined XRP ETF assets under management now total roughly $1 billion
- Open Interest in XRP futures contracts declined to $2.11 billion, the lowest reading since early January 2025
- Critical resistance zone identified at $1.50–$1.54, while support remains firm near $1.40
XRP posted a notable 7% gain on Wednesday following emerging reports that Iran has expressed readiness to engage in peace discussions with the United States.
The digital asset touched $1.46 during the session, while daily trading volume spiked 39.71% to reach $4.1 billion.
The wider cryptocurrency sector experienced similar upward momentum. Overall market capitalization expanded 6.28% to $2.49 trillion, with Bitcoin pushing past $73,000 and Ethereum moving above the $2,100 threshold.
The rally gained traction after The New York Times published a report revealing that Iran’s Ministry of Intelligence conveyed a message to the CIA through back channels, expressing interest in pursuing diplomatic resolution.
U.S. President Donald Trump had earlier confirmed awareness of outreach attempts but indicated that formal talks might not happen immediately.
Market participants interpreted this development as a risk-on signal, triggering substantial buying activity across cryptocurrency markets.
XRP ETF Inflows Maintain Positive Momentum
XRP spot exchange-traded funds registered $7.53 million in net inflows on Tuesday, representing the sixth straight trading session with positive capital flows.
Bitwise’s XRP ETF captured the largest share with $6.08 million in daily inflows. The fund’s aggregate net inflows have reached $10.77 million.
Canary Capital’s XRPC ETF contributed an additional $1.45 million during the same trading session.
Combined assets under management for all XRP spot ETFs stand at approximately $1 billion, while total cumulative inflows have reached $1.255 billion based on SoSoValue tracking data.
On the ecosystem front, Doppler Finance revealed a strategic collaboration with digital asset custodian Hex Trust to integrate wrapped XRP into its institutional-grade blockchain infrastructure as part of its reward framework.
Ripple separately disclosed recent acquisitions including Palisade, specializing in custody solutions and treasury automation, along with Rail, which provides virtual account and collection services.
Technical Levels to Watch
XRP continues trading beneath its 50-day, 100-day, and 200-day exponential moving averages, all trending downward.
The SuperTrend indicator registers at $1.61, remaining above current price levels and confirming the prevailing bearish framework.
The RSI indicator approached 66 on the 4-hour timeframe, suggesting strengthening buying pressure. The MACD indicator also generated a fresh bullish signal with a recent crossover.
Futures Open Interest contracted to $2.11 billion on Wednesday, declining from $2.25 billion in the previous session and significantly below the $10.94 billion peak recorded in July 2025.
A sustained breakout above $1.50 could establish a pathway toward $1.60. Conversely, losing support at $1.45 might trigger a pullback toward the $1.40 support area.
As of Wednesday afternoon trading, XRP was changing hands around $1.41, representing approximately a 62% decline from its record high of $3.65.
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