The current week is recording a significant upsurge in $XRP as colossal investments are being pumped into the asset, which is indicative of confidence in investors. The token received a large $289 million inflows, which was one of the highest inflows received in a long time.

This spike follows a period when the wider market in digital assets is equally picking up. Crypto ETFs experienced more than 1 billion in net weekly inflows across the board, which is a sign of institutional involvement.

These regular inflows indicate that the mood in the market on $XRP and other major assets is becoming increasingly positive. When this continues, it would be the beginning of even better performance in the following weeks.