Key Insights
- Negative monthly price growth prevails as the curtains close on November.
- Ripple’s dollar-backed RLUSD stablecoin celebrates $1 billion market cap milestone.
- XRP ETF inflows on track to surpass $1 billion possibly before the end of 2025.
If you somehow timed XRP at its lowest price point last Friday, your position would be up over 23% at its current price.
This performance highlights healthy accumulation as market sentiment improves. But despite this recovery, XRP price action was still in the red by a substantial margin in November.
The cryptocurrency was still down by over 10% from its monthly opening price. This meant XRP was on track to conclude the month in the red.
Although the XRP price was up considerably in the last 7 days, its momentum leveled out in the last 4 days. It held on to a 38% discount from its July top.
While the overall theme for XRP and other coins has been bearish for weeks, its Ripple network has been enjoying positive growth elsewhere.
The Ripple Stablecoin Celebrates a Major Milestone
Ripple has been making its mark in the stablecoin market through its RLUSD stablecoin. The latter has maintained a healthy growth pace in the last 12 months, earning a spot among the fastest-growing stablecoins this year.
For context, there were only 101,727 RLUSD tokens in circulation at around the same time last year. That figure has since surged to 1.26 billion RLUSD at the time of observation.
This impressive growth pace underscored the stablecoin’s rising significance in the stablecoin segment and in Ripple’s strategy. Moreover, most of the RLUSD tokens are on the Ethereum blockchain.
Ethereum accounts for over 81% of the RLUSD in circulation, while the XRP ledger accounts for slightly over 18%.
While the stablecoin crossed the $1 billion milestone this month, its growth adopted a parabolic curve, suggesting that it could potentially accelerate to higher milestones in the next 12 months.
RLUSD growth underscores Ripple’s efforts to capitalize on the lucrative stablecoin market. Meanwhile, investors have been securing deeper exposure to the Ripple ecosystem and their investments also approach a key milestone.
Robust XRP ETF Flows Eye the $1 Billion Mark
ETF flows have recently grown to become a critical barometer for assessing institutional and smart money movements.
Investors have been shifting their attention to XRP ETFs ever since they made their debut.
There are at least 5 XRP ETFs currently, from companies such as Grayscale, Rex-Osprey, Canary Capital, Bitwise, and Franklin Templeton. These companies have so far injected over $801 million into XRP.
Interestingly, these flows occurred just this month, translating to healthy inflows and demand. This means the assets under management by XRP ETFs may easily push above $1 billion in December if the appetite remains consistent.
XRP ETF flows confirmed that institutional investors are indeed interested in the cryptocurrency. This may contribute in short-term demand, especially now that the cryptocurrency is considerably discounted.
JPMorgan analysts predict that more than $14 billion worth of liquidity will flow into XRP ETFs in the first 12 months.
Execs from investment firm Franklin Templeton recently noted that XRP will play a major role in the changing global settlement infrastructure.
In summary, recent market data suggests that Ripple has been positioning itself to leverage growth through the crypto and traditional markets.
This hybrid approach is rapidly approaching institutional investors and could potentially lay the foundation for robust XRP price action in 2026.