In XRP news, the Ripple coin price just concluded the last 7 days on a bullish trajectory after previously experiencing bearish dominance for weeks.
Moreover, exciting news emerged around the REX Osprey XRP ETF. Recent reports revealed that the Rex Osprey XRP ETF just celebrated a major milestone.
The ETF now holds over $100 million worth of the cryptocurrency, a milestone achieved within the first 4 weeks after its launch.
This milestone demonstrated robust institutional demand for the ETF. However, it was not the only milestone that the XRP community celebrated in the last 7 days.
In further XRP news, Ripple just rebranded its latest acquisition, Hidden Road into Ripple Prime, confirming that the move was aimed at making digital assets more accessible to institutional clients.
CEO Brad Garlinghouse noted that XRP continues to play a critical role in all of the company’s efforts. Garlinghouse’s statement may have boosted confidence in the XRP community.
XRP Price Achieves its Biggest Weekly Recovery in 14 Weeks
XRP’s weekly chart revealed that it was up by over 10% in the last 7 days. This was largely due to the bullish momentum it demonstrated this weekend.
For XRP news, this marked its biggest weekly upside in price since late July. XRP price hovered above $2.63 at press time, aided by a significant dominance spike to 4.22%.
Its weekly recovery also made XRP the best gainer out of the top 10 cryptocurrencies. This meant that its weekly performance outperformed Bitcoin, Ethereum, and other heavy hitters in the top cohort.
Moreover, XRP’s latest recovery demonstrated some similarities to the early stages of its July 2025 rally which was the most bullish month on a YTD basis.
However, XRP’s ability to sustain the bullish momentum was still in question due to one major observation.
XRP News: Demand From Whales Not Sizeable
Whale activity remained weak, and bullish activity tends to be limited whenever whales sit on the sidelines.
Net spot flows across Coinbase, Binance, and OKX were in the red by $2.82 million, while perps highlighted net short positions worth over $36 million.
In other words, retail excitement might be fuelling the latest XRP price recovery. However, net spot inflows were relatively weak this weekend at less than $20 million.
While XRP price risks another bearish capitulation, it is also worth noting that more market volatility is expected his week.
This is because the FED was slated to hold an FOMC meeting on 28 and 29 October, with rate cut probabilities as the key highlight.
The rate cut expectations may turn out to be the next major catalyst and might be one of the reasons behind XRP’s latest bullish momentum.
Fresh reports also indicated that the U.S and China were ready to secure a trade deal.
The potential end of the trade war may encourage the market to jump back to a risk-on sentiment, which may favour more upside in the coming days.
In other XRP news, Derivatives data confirmed rising excitement around the XRP crypto. Open interest kicked off last from a low of $3.49 billion to $4.26 billion at the time of observation.
Despite this XRP price recovery, open interest was still a long way off compared to peak levels in Q3.
Open interest soared above $10 billion in July and dropped from a monthly high above $9 billion this month. The October flash crash wiped out over $6 billion worth of XRP open interest.