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XRP nears $1.50 as US ETFs lock 1.34% of supply amid historic whale accumulation

Market News
15 May 2026
UToday
View Source
Bullish
pluang ai news

XRP is approaching a key $1.50 price level driven by a historic supply squeeze, with US spot ETFs locking away 1.34% of the total circulating supply. Large holders, or whales, control nearly 70% of XRP tokens, intensifying the supply shortage. Institutional demand is supported by regulatory progress and Ripple's partnerships with JPMorgan and Mastercard. If XRP breaks above $1.50, it could rally toward mid-term targets around $2.03 and potentially $3.50 in a strong bullish move.

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