XRP has surged back above the $2 mark after recording one of its strongest single-day capital inflows in recent sessions, following heavy losses from the broader cryptocurrency market correction. By press time, XRP’s market capitalization stood at $122.49 billion, up from $115.30 billion just 24 hours earlier, marking a sharp $7.19 billion increase that helped propel the token to $2.03. XRP 24-hour market cap chart. Source: CMC The rebound comes at a pivotal moment for the asset, coinciding with mounting investor excitement ahead of the Grayscale XRP ETF launch. Grayscale confirmed that its spot XRP ETF (GXRP) will debut on NYSE Arca on November 24, 2025, following SEC approval and the conversion of its existing trust into a publicly traded product. The development mirrors the ETF wave that reshaped Bitcoin ( BTC ) markets in early 2024, when BTC rallied more than 80% after spot ETFs opened the door to regulated inflows. The ETF narrative is also feeding into expectations of a potential supply squeeze. Analysts argue that ETF demand could eventually absorb up to 500 million XRP per day, thereby reducing the amount of XRP circulating on exchanges. While this projection is speculative, Grayscale’s entry is expected to expand institutional access significantly. Current inflows remain moderate, with the strongest to date being the $245 million peak into Canary’s XRP fund, but the market is watching closely to see whether GXRP accelerates demand. XRP price analysis By press time, XRP was trading at $2.04, having gained over 6% in the past 24 hours, while on the weekly timeline, the asset has dropped almost 10%. XRP seven-day price chart. Source: Finbold Overall, the cryptocurrency market structure still leans bearish, with XRP trading below its 50-day and 200-day simple moving averages at $2.48 and $2.65, respectively, reinforcing downward momentum despite today’s rally. At the same time, XRP’s 14-day RSI is hovering near 42, indicating mildly oversold conditions but not yet a reversal signal. Featured image via Shutterstock The post XRP reclaims $2 after massive $7 billion inflow in 24 hours appeared first on Finbold .
