XRP dips to $1.38 near key support as ETFs attract $110M inflows, Evernorth eyes NASDAQ listing.
XRP's price fell 2.46% to $1.38, testing critical support at the 200-week EMA of $1.37, with further downside risk to $1.27 if broken. Despite price weakness, institutional interest is strong, with XRP ETFs drawing $110.49 million in weekly inflows—the highest since December 2025—led by Bitwise and Franklin Templeton. Blockchain data shows rising network activity, while Evernorth, holding over 473 million XRP, secured SEC approval for a NASDAQ listing via merger, pending a shareholder vote on September 30. This mix of technical pressure and institutional growth sets the stage for XRP's near-term outlook.
XRP's price fell 2.46% to $1.38, testing critical support at the 200-week EMA of $1.37, with further downside risk to $1.27 if broken. Despite price weakness, institutional interest is strong, with XRP ETFs drawing $110.49 million in weekly inflows—the highest since December 2025—led by Bitwise and Franklin Templeton. Blockchain data shows rising network activity, while Evernorth, holding over 473 million XRP, secured SEC approval for a NASDAQ listing via merger, pending a shareholder vote on September 30. This mix of technical pressure and institutional growth sets the stage for XRP's near-term outlook.
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