XRP ETF attracts over $1 billion in funds; can reduced supply trigger a price breakout?

【Crypto World】The performance of the XRP ETF is quite impressive. In less than two months, this thing has absorbed over $1 billion, locking in approximately 7.46 billion XRP tokens. Let’s look at it from a different perspective — this is equivalent to about 1% of the circulating supply being “frozen.”

What happens if this pace continues? Analysts predict that by mid-2026, the size of the XRP ETF could expand to $5 billion, potentially removing nearly 2.6 billion XRP from market circulation.

What does this mean? Selling pressure will be significantly alleviated. Especially considering that since 2025, the XRP balance on exchanges has already dropped by 58% — indicating that more people are hoarding coins rather than dumping them. The combination of these two factors suggests that market sentiment is changing.

On the price side? Recently, XRP has been hovering below $2, but here’s a detail worth noting: XRP has already stabilized above the $1.88 support level. If this line holds, the next target is the resistance at $2.30. From a technical perspective, the rebound foundation still looks solid.