XRP price analysis, XRP price. Photo by BeInCrypto XRP price has struggled to regain traction over recent weeks, with multiple failed recovery attempts deepening bearish pressure. The token remains locked in a downtrend, reflecting hesitation across the broader crypto market.  Despite this weakness, XRP ETFs continue to attract capital, signaling that institutional demand remains resilient. XRP ETF Demand Remains Strong Losses among XRP holders have steadily increased, adding pressure to near-term pric ...

Core Insights - Ripple's stablecoin RLUSD has a significant distribution imbalance, with nearly $700 million allocated to Ethereum's DeFi protocols while the majority of holders are active on the XRP Ledger [1][4]. RLUSD Distribution - 88% of RLUSD's supply is circulating on the Ethereum network, despite 85.2% of its 36,878 holders using the XRP Ledger [2][3]. - Approximately $698 million, or 88.5% of RLUSD's total $789.33 million tokens, are on Ethereum, while $90.7 million (12.5%) are on XRPL [3]. - Average holdings on XRPL are about $2,886 per wallet, contrasting with an average of $128,302 per holder on Ethereum [3]. Institutional Activity - XRPL has recorded 25,450 active addresses from December 2024 to October 3, 2025, indicating robust institutional engagement [7]. - Ethereum-based RLUSD transfers have seen $4.87 billion in monthly volumes across 19,502 transfers, while XRPL recorded $112.42 million across 391,157 transfers in the same period [7]. - VERT Capital, a prominent entity on XRPL, provides comprehensive capital market services and highlights the institutional focus on XRPL [7]. - OpenEden Digital, specializing in U.S. Treasury securities, has $169.6 million on XRPL, showcasing strong institutional participation that outpaces Ethereum by 2.6 times [8].