According to the Glassnode team, the share of XRP coins in profit has fallen to its lowest levels since November 2024, when the token's price hovered around $0.53. This situation indicates market instability: a significant number of investors are forced to take losses, increasing price pressure and overall volatility.
At press time, XRP is trading near $2, demonstrating an attempt to stabilize within a narrow range. Experts note that resistance around $2.20 is currently the key technical barrier. A successful breakout of this level could signal a transition to an upward phase, as the market will perceive it as confirmation that the asset is poised for a reversal.
An additional factor potentially impacting interest in the coin is the expected launch of several spot XRP ETFs in the coming month. Analysts predict that inflows into these funds over the first six months could exceed the performance of similar Ethereum-based product lines. Market participants pin the emergence of spot funds on hopes of a return to institutional interest and increased confidence among large investors, which is especially important given the recent volatility.
Nevertheless, XRP's short-term prospects remain largely dependent on the overall crypto market. The asset is noted to be highly sensitive to external news and liquidity changes, increasing the likelihood of continued sideways movement in the coming weeks. Analysts emphasize that the market structure still needs time to recover, and sharp momentum movements are not expected.
In addition, experts note that Canary Capital previously launched the first XRP-based spot ETF. A new fund, designated XRPC, has begun trading on the Nasdaq exchange, marking a significant step toward integrating the token into the broader financial infrastructure. This launch is seen as a significant event that could help stabilize long-term interest in the coin, provided favorable market conditions prevail.
Thus, XRP's short-term future is determined by a combination of technical factors, the overall state of the cryptocurrency market, and institutional activity. If the asset manages to overcome key resistance levels and attract new capital through an ETF, there is a chance for a more sustainable uptrend to emerge. However, for now, the baseline scenario remains continued consolidation within the current price range.