XRP Drops Below $2 Despite Strong ETF Inflows and Ledger Activity
XRP fell below the $2 mark during a market-wide downturn, with declines occurring even as spot ETF inflows remained robust and on-chain activity on the XRP Ledger spiked. Traders noted that the positive institutional interest and higher transaction volumes did little to counteract the broader risk-off momentum and selling pressure across crypto markets.
The divergence between inflows/activity and price matters because it suggests that ETF demand and on-chain metrics don't always translate immediately into bullish price action. Short-term drivers like liquidity, macro sentiment, and profit-taking can outweigh structural demand signals. Investors and traders will be watching ETF flow data, exchange volumes, and support levels for signs of whether this is a temporary pullback or a longer corrective phase.