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XRP hits $1.62, an 8-month high, driven by strong whale activity and ETF inflows.

Market News
24 Sep 2026, 10:26 WIB
Blockonomi
View Source
Bullish
XRP hits $1.62, an 8-month high, driven by strong whale activity and ETF inflows.

XRP surged past $1.60 to reach $1.62, its highest price in eight months, supported by significant whale transactions and 3,647 new wallets signaling increased market participation. ETF inflows into XRP totaled $1.73 billion by September 22, with Bitwise leading fresh investments. Futures open interest hit a nine-month peak at $4.1 billion, surpassing competitors like Hyperliquid and Zcash. Additionally, four major Canadian banks have tested XRP for international payments, indicating growing institutional interest. Market analysts predict further price gains, with some forecasting a potential rise to $5.40 within the next year.

Despite the recent surge in XRP to $1.62 noted in the article, on Pluang XRP trades at Rp26.938 with a 1-day decline of 6.74% as of Sep 24, 2026 14:41 WIB. The market cap on Pluang stands at Rp1.697,65 trillion, showing substantial investor interest. Trading volume remains active at Rp115,36 trillion over 24 hours, reflecting ongoing market participation.

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