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XRP holds near $1.50 after Ripple unlocks $1.49B tokens; ETF inflows and Brazil adoption yet to break resistance.

Market News
01 Oct 2026
Crypto news
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Neutral
XRP holds near $1.50 after Ripple unlocks $1.49B tokens; ETF inflows and Brazil adoption yet to break resistance.

XRP traded near $1.50 on October 1 following Ripple's release of 1 billion XRP tokens worth about $1.49 billion from escrow. Despite $121.4 million inflows into U.S. spot XRP ETFs in September and new adoption of XRP Ledger by Brazil's CSD BR for financial asset records, XRP remains capped below the $1.54-$1.56 resistance zone. Technical indicators show moderate momentum with XRP consolidating between $1.46 and $1.54. Upcoming network upgrades and institutional interest could influence future price moves, but XRP faces fresh supply pressure from the recent token unlock.

XRP trades at Rp26,702 on Pluang as of Oct 01, 2026 16:02 WIB, down 0.28% in the last day. Market cap stands at Rp1.679,7 trillion with a 24-hour volume of Rp61,69 trillion. Pluang users show balanced interest with 52% buying and 48% selling, holding XRP for an average of 71 days.

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