TLDR
- XRP trades around $1.35–$1.38, up 30% over the past month
- U.S. spot XRP ETFs have seen 11 consecutive sessions of inflows, totaling $1.68 billion
- The SEC and Ripple ended their legal battle in August 2025
- Ripple gained MiCA authorization in Europe and partnered with South Korea’s Jeonbuk Bank
- Key resistance sits at $1.45–$1.50, with support around $1.30–$1.35
XRP has bounced back from its summer lows and is now trading around $1.35–$1.38 as of September 11. That gives it a market cap of roughly $85 billion, making it the fifth-largest cryptocurrency by market cap, according to CoinGecko.
The token is up about 7% over the past seven days and more than 30% over the past month. Today’s pullback, however, is a reminder that volatility has not gone away.
One of the clearest drivers of the recent move is institutional money. U.S. spot XRP ETFs recorded 11 straight sessions of inflows through September 2, with cumulative net inflows since their November launch reaching around $1.68 billion, per CoinDesk citing SoSoValue.
Goldman Sachs was the largest disclosed institutional holder of XRP funds at the end of Q2, though those positions may be hedged.
Regulatory and Business Developments
The long-running legal fight between Ripple and the SEC came to an end in August 2025. Both sides dismissed their appeals, leaving the earlier court ruling and Ripple’s $125 million penalty in place.
In July, Ripple received full MiCA crypto-asset authorization in Luxembourg. That opens the door to regulated crypto services across the European Economic Area.
In August, South Korea’s Jeonbuk Bank announced it would use Ripple Payments for cross-border remittances, adding another real-world use case for the network.
$XRP’S UPDATED ELLIOTT WAVE TARGETS ARE INSANE. 💥📈
The new macro structure points toward:
🎯 $14
🚀 $27
🔥 $48THE CHART IS SPEAKING. ARE YOU LISTENING? @egragcrypto 🎯 pic.twitter.com/CYFeACkxzW
— XRP Update (@XrpUdate) September 10, 2026
Crypto analyst @XrpUdate posted an Elliott Wave analysis on X, outlining updated macro price targets of $14, $27, and $48 for XRP. These targets reflect the more optimistic end of long-range forecasting and are far beyond current price levels.
Price Levels to Watch
On the technical side, $1.30–$1.35 is the first major support zone. Resistance sits at $1.45–$1.50, a level that has held back XRP several times in 2026.
A clear break above $1.50 could open the path toward $1.80 and then $2.00. Losing $1.30 could pull the price back toward $1.10–$1.20.
For the end of 2026, a base-case range of $1.50–$2.00 appears realistic if ETF inflows continue and broader crypto markets stay stable.
At $5, XRP’s market cap would reach around $315 billion. At $10, it would climb to roughly $630 billion, based on approximately 63 billion XRP in circulation.
The most recent data point worth watching is ETF flow momentum, which has been the strongest institutional signal for XRP so far in 2026.
