Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download
Trading banner 1
Trading banner 2
Trading banner 3
Trading banner 4
Trading banner 5
Trading banner 6
Trading banner 7
Trading banner 8
Trading banner 9

Record 1.26% of XRP supply locked in ETFs, creating a $1.1B institutional floor amid $1.50 price resistance.

Market News
07 May 2026
UToday
Neutral
pluang ai news

A record 1.26% of XRP's total supply, worth about $1.1 billion, is now locked in U.S. spot ETFs, reducing available market supply and establishing a strong institutional floor. Despite this, XRP's price remains stuck below the $1.50 resistance level, trading sideways between $1.3 and $1.5 for 75 days. The ETF inflows have not yet triggered a price breakout, but the locked supply could fuel a strong upward move if market momentum shifts. Investors appear focused on long-term holdings, with the next price trigger likely depending on renewed ETF inflows or outflows signaling profit-taking.

banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App