According to a report by Cointelegraph citing data from market intelligence firm Santiment. This growing optimism comes at a time when XRP exchange-traded funds (ETFs) are seeing steady inflows, showing continued interest from investors. Retail traders, in particular, remain hopeful as XRP trades close to the important $2 price level.
Santiment reported that the past week recorded the seventh-highest number of bullish comments about XRP this year. This data was collected through Santiment’s analytics platform, Sanbase, which tracks discussions and sentiment across major crypto-focused platforms such as Telegram, Discord, Reddit subreddits, and X (formerly Twitter). According to the data, XRP’s market value is hovering around $2.00, and online discussions suggest a generally bullish mood among traders.
Over the last week, XRP’s price has moved between $1.99 and $2.17. As of Saturday, it was trading at around $2.03, based on data from CoinGecko. While many traders are optimistic, analysts caution that bears still have significant influence over XRP’s short-term price movements. This means that despite positive sentiment, the price could still face downward pressure.
At the same time, spot XRP ETFs continue to attract money. Data from crypto research platform SoSoValue shows that XRP ETFs recorded over $20.1 million in net inflows on Friday, extending their streak to 19 consecutive days of positive inflows. This steady demand has pushed total inflows close to $974.5 million, while total assets under management (AUM) have reached approximately $1.18 billion.
Some days have stood out more than others. November 14 was the strongest day for XRP ETF inflows, with more than $243 million entering the funds. November 18 followed closely with $164 million, making it the second-highest day for inflows. These figures suggest strong and consistent institutional interest in XRP.
Beyond price and ETF activity, Ripple itself has seen several major developments. The company was approved for a national trust bank charter by the U.S. Office of the Comptroller of the Currency, alongside stablecoin issuer Circle. Other major crypto firms, including BitGo, Fidelity Digital Assets, and Paxos, also received approval to upgrade their trust bank status.
In November, Ripple raised $500 million at a valuation of $40 billion, attracting well-known investors linked to Citadel Securities and Fortress Investment Group. Ripple has also expanded into the stablecoin market and explored acquisitions in brokerage and treasury management. According to Bitmern Mining CEO Giannis Andreou, continued buying from Wall Street could signal a changing narrative for XRP and the broader crypto market.
