XRP climbed about 53% over seven days, reaching a nearly seven-month high near $1.54.

Critical resistance is now centered at $1.55, while short-term support has formed around $1.45.

United States spot XRP exchange-traded fund products drew $39.78 million in the Aug. 17–21 period, while cumulative net inflows reached roughly $1.55 billion.

Open interest in XRP futures contracts rose to $3.72 billion by Aug. 24.

The digital asset delivered one of its strongest weekly performances in recent months, rising about 53% over a single seven-day period. XRP is the native token of the XRP Ledger, a payment-focused blockchain closely associated with Ripple. According to CoinMarketCap, XRP was trading around $1.47 on Aug. 24, moving between $1.46 and $1.54 during the day.

The rally pushed XRP back into a price zone that has historically acted as a ceiling. Market analyst Ash Crypto described the move as approaching a seven-month peak. Another analyst, Pumpius, said the advance began from a bottom near $0.985.

Market observer Crypto Patel identified $1.55 as the key resistance level ahead. In his view, a convincing daily close above that mark could extend the upward move, while failure to break through could lead to a pullback toward lower support.

$XRP JUST BROKE 7 MONTHS OF RESISTANCE. After pumping ~70% in ONE weekly candle from near our accumulation zone, all eyes are now on $1.55. Above it = potential next bull leg Below it = retracement/re-accumulation zone. I’m still watching $5–$10 long term, but wouldn’t… pic.twitter.com/ePGHhuqp2X — Crypto Patel (@CryptoPatel) August 24, 2026

The intraday high of $1.54 came just below that $1.55 level, making it the most immediate technical hurdle. XRP Update also said market participants defended the $1.45 support level across multiple trading platforms.

Spot ETF products attract capital

United States-based spot XRP ETFs recorded $39.78 million in net inflows during the Aug. 17–21 trading week, their strongest weekly result since May. Cumulative net inflows rose to about $1.55 billion. Friday’s flow data showed roughly $18 million in activity, with Bitwise, Grayscale, and Franklin leading contributions.

Spot ETFs hold XRP directly and trade through conventional brokerage accounts, giving traditional investors exposure to the token without self-custody, and their weekly flow figures are widely followed as a read on institutional demand. The rebound in inflows came during the same stretch as the 53% price move, though the timing overlap alone does not establish which development drove the other.

Volumes in the Bitwise $XRP XRP ETF have really popped over the last 3 sessions. Over $80 million traded today, and over $60 mm each of the prior two days – each of which would have been its highest volume day since inception. pic.twitter.com/wcEQk9nNrD — Teddy Fusaro (@teddyfuse) August 24, 2026

This increase followed a difficult stretch earlier in August, when weekly inflows fell about 93% to $1.01 million. Combined net assets held in XRP ETF vehicles were near $940 million.

Futures market activity expands

According to CoinGlass analytics, XRP futures open interest stood at $3.72 billion on Aug. 24. Twenty-four-hour futures trading volume reached $8.84 billion, while spot market volume was about $1.89 billion.

The large gap between futures and spot trading suggests elevated leveraged positioning. That kind of market structure can magnify price swings near key resistance levels and increase liquidation risk if bullish momentum fades.

Blockchain analytics also pointed to stronger network activity. Analyst Ali Charts said XRP active addresses rose 654.71%, increasing from 47,180 to 356,070. Ali Charts said such spikes typically indicate stronger network participation and are often accompanied by higher price volatility.

$XRP NETWORK ACTIVITY EXPLODED! Active addresses have surged 654.71%, jumping from 47,180 to 356,070. That kind of spike typically signals a sharp increase in network participation and is often accompanied by higher price volatility. pic.twitter.com/e1JA319sJk — Ali Charts (@alicharts) August 24, 2026

Ripple said it held 37.66 billion XRP tokens as of June 30, with 32.6 billion still locked in on-ledger escrow mechanisms. Ripple has placed XRP in on-ledger escrow since late 2017, with releases carried out on a schedule encoded in the ledger itself, an arrangement intended to make the timing of its token supply predictable. On Aug. 3, Ripple disclosed strategic investments in ZILO and Licuido, saying the deals were intended to broaden transfer agency capabilities and collateral mobility infrastructure.

XRP remains well below its January 2018 record high of $3.84. As of Aug. 24, market attention was focused on the $1.45 to $1.55 range, with traders watching how XRP would respond if it retested the $1.55 resistance level. Upcoming weekly ETF flow reports and futures open-interest updates will provide further readouts on whether the week’s elevated activity persists.