XRP Becomes Third-Largest Crypto, Inflows Fuel Breakout Rally

XRP has surpassed BNB to emerge as the third-largest cryptocurrency. The increase is driven by a fresh rally and inflows into XRP ETFs worth $13.6 million. It is evident of a new confidence in the token.

What is Driving Up XRP Price?

According to data from CoinMarketCap, XRP is now second only to Bitcoin and Ethereum in terms of market cap. The rise of XRP is an indication of bigger changes within the crypto market dynamics.

BNB had been ranked number three over some time. The flip indicated renewed confidence in XRP following regulatory doubts over the years. The institutional interest has been enhanced by the updated XRP ETF filing by Roundhill.

This further shows that institutional adoption appears to be spreading beyond Bitcoin into alternative cryptocurrencies. These include Solana and Chainlink.

Is XRP Entering a New Bullish Phase?

Technical charts shared by Steph is Crypto show this token is breaking out from a descending channel pattern that held prices down for eight months. The chart shared by the analyst shows that the breakout has been observed on the weekly timeframe at the $2.01 level. The analyst affirms that the price of the token could rise to $2.50.

The trend corresponds to the institutional optimism regarding XRP. This is highlighted in the 330% XRP upside forecasted by Standard Chartered in its latest outlook.

According to Step is Crypto, the downward stream started when XRP shot up to around $3.40 in July 2025. The price has since contracted at lower trend lines.

Hence, this downtrend happened over an eight-month timeframe before it now eliminates a significant level of resistance. According to TradingView, XRP price is currently $2, following a minor decline over the past day.

The breakout indicates that the correction process has been completed. Also, the bullish signal is further supported by price movement and increased trading volume.

ETF Flows Strengthen Market Confidence

XRP ETFs recorded inflows of nearly $14 million, per SoSoValue data. Bitcoin ETFs also recorded inflows, with $471 million entering the funds yesterday, with Ethereum products receiving $174 million on the same day.

IBIT by BlackRock had the highest inflows at $287 million and ETHE from Grayscale recorded the highest inflows among spot Ethereum products at $53.69 million. The inflows into this token’s ETF, though lower compared to inflows into BTC and ETH funds, are an indication of healthy demand for a newer category of ETF.

The growth of these ETFs indicates an increase of the activity of this token in regulated markets. This trend is further evidenced with the launch of a multi-asset crypto ETF by Bitwise, which brought on board many large-cap tokens.

But some fund issuers are halting their exposure to this Ripple-associated token. For instance, the leveraged XRP ETF plan by ProShares was recently scrapped following a demand review. CoinShares also dropped its XRP ETF push even though there was wider inflow momentum.