XRP Swept Up by Institutional Investors, Will It Lead the Bull Market After Reclaiming 3rd Place in Market Cap?

▲ XRP ETF/ChatGPT Generated Image ©

Driven by massive whale accumulation and relentless institutional fund inflows, XRP (Ripple) related spot funds are achieving record success, forecasting a massive paradigm shift across the entire ecosystem.

According to TradingNews, an investment media outlet, on April 22 (local time), the XRPI fund recorded an increase of 1.63% to $8.09, while the XRPR fund, managed by Rex-Osprey, closed at $11.81, up 1.72%, showing a dual bullish trend. Their combined assets in the virtual asset spot fund market exceeded $1.43 billion, with $55.39 million flowing in over the past 7 days, achieving a record monthly net inflow of $65.89 million as of April 2026. Notably, Goldman Sachs emerged as a key institutional investor, disclosing a position worth $108 million.

This explosive growth in the fund market aligns with the aggressive accumulation by whales confirmed by Santiment data. Large investors swept up approximately 360 million XRPs at the fastest pace in 10 months last week, injecting capital worth $500 million. However, for a full-fledged rally, there remains the challenge of completely absorbing a massive supply wall of 36.8 billion tokens positioned between $1.44 and $1.45 at the spot price, accompanied by significant trading volume.

Driven by strong demand, XRP pushed aside Binance Coin (BNB) to claim the 3rd position in virtual asset market capitalization. Furthermore, it has embarked on ecosystem expansion by launching a wrapped token with $100 million in initial liquidity on the Solana (SOL) blockchain through Hextrust and LayerZero infrastructure. This signifies an expansion beyond traditional cross-border payments into a broader decentralized finance ecosystem and is considered a key catalyst to address the asset's structural undervaluation.

The issuer's long-term infrastructure reinforcement and large-scale wallet movements are also stimulating institutional investor sentiment. The transfer of 75 million tokens from its own wallet to a Coinbase custody address is highly likely to be a custody transfer to meet fund demand, rather than a simple sale. Furthermore, the roadmap to complete the introduction of quantum-resistant cryptography for the ledger by 2028 provides long-term security confidence to large institutions such as banks, removing the biggest obstacle to fund inflows.

The future direction of fund and spot prices is expected to be influenced by macroeconomic relief, such as the extension of the Iran ceasefire, and regulatory easing trends, like the Clarity Act currently passing through the U.S. Senate Banking Committee. Market experts predict that if XRP's spot price strongly breaks the $1.55 resistance level, related tracking funds could also unleash explosive asymmetric potential and rise vertically alongside it.

*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*