Ripple's XRP is awaiting approval for a spot ETF, maintaining interest from institutional investors despite a bearish trend. As of 4 p.m. on the 27th (KST), the price of XRP was trading at approximately $1.36, down 1.84% from the previous day. Although it has plummeted 51% from its peak in late 2025, analysts suggest that volatility has hit a months-low, signaling a new phase of movement.
According to a survey conducted by Coinbase, 25% of 351 institutions plan to include XRP in their portfolios by 2026. This suggests that institutions are paying attention to XRP's long-term value despite price weakness.
ETF Approval Deadline Approaching... $1.44 Billion Inflow
Market attention is focusing on the upcoming 27th as the U.S. Securities and Exchange Commission (SEC) deadline for approving spot XRP ETFs approaches. Currently, applications from seven asset management companies are pending, and a total net inflow of $1.44 billion has been recorded in existing grant-type XRP ETFs.
In technical analysis, XRP is forming an ascending triangle pattern but is trading below the key Exponential Moving Average (EMA) near $1.50. Currently, it is trading below the 100-hour Simple Moving Average (SMA) and facing resistance in the $1.3750–$1.40 range. The support level is between $1.34 and $1.36, raising the possibility of a decline to $1.26 if it breaks below this level.
Ripple CTO Dismisses Rumors of Institutional Pre-allocation
Recently, rumors spread within the community that escrow contracts existed for the pre-allocation of XRP to institutions, but Ripple's Chief Technology Officer (CTO), David Schwartz, flatly denied this. He dismissed the rumors via official channels, stating, "Such secret contracts do not exist."
Despite this clarification, the price of XRP is under short-term downward pressure. While 24-hour trading volume increased by 24% from the previous day to approximately $2.357 billion, the price fell by 6.13% compared to a week ago and by 26.46% compared to 90 days ago.
RLUSD Stablecoin Rapid Growth... Leading Cross-Border Payments
The market capitalization of RLUSD, a stablecoin issued by Ripple, has surpassed $1.6 billion, showing rapid growth. It is drawing attention as RLUSD is showing a trend of being used more than XRP in the cross-border payment market.
RLUSD is establishing itself as a stable means of value transfer on Ripple's payment network and is emerging as an alternative for financial institutions concerned about the volatility of the existing XRP. While this signifies an expansion of the Ripple ecosystem as a whole, some are raising concerns about the potential decline in the utility of XRP.
$8–$27 forecast by 2027... Maintaining long-term optimism
Despite short-term weakness, some analysts maintain an optimistic view on the long-term outlook for XRP. One market analyst projected that it could rise to $8 conservatively by 2027, or to $21–$27 in an optimistic scenario.
Currently, XRP's fully diluted value (FDV) is approximately $135.9 billion, and its market capitalization is approximately $83.367 billion, ranking it 5th in the overall cryptocurrency market. The circulating supply is approximately 61.345 billion, representing 61% of the total supply of 99.986 billion.
The approval of the ETF and the actual execution of investments by institutional investors are expected to be key variables determining the future direction of the XRP price. Given that reduced volatility could be a harbinger of large-scale price fluctuations, this is a time when investors are advised to exercise caution.
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The article has been summarized using a language model based on TokenPost.ai. Key points of the text may be omitted or inaccurate.
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