XRP (XRP) down 5.39% in the last 24 hours

Gate News Bot Message, January 19th, according to CoinMarketCap data, as of press time, XRP (XRP) is currently trading at $1.95, down 5.39% in the past 24 hours, with a high of $2.19 and a low of $1.91. The 24-hour trading volume reached $2.717 billion. The current market capitalization is approximately $118.296 billion, ranking 5th globally.

XRP Ledger (XRPL) is a decentralized public blockchain designed for commercial applications, maintained by a global community of businesses and developers. With over ten years of uninterrupted operation and the reliability of more than 63 million ledgers, XRPL offers developers a smooth development experience, extremely low transaction costs, high performance, and sustainability. The platform is fully open-source and decentralized, with transaction fees costing only a few cents, supporting thousands of transactions per second. XRPL has built-in high-performance decentralized exchanges, cross-currency payments, payment channels, multi-signature features, and is currently developing new functionalities such as smart contracts (Hooks) and automated market makers, providing a solid foundation for innovative project development.

Analysis of Recent Key Market Drivers for XRP

1️⃣ Continuous Net Inflows into Spot ETF Funds, Institutional Allocation Needs Provide Price Support

The US XRP spot ETF has maintained relatively stable net inflows over the past week. On January 15th, it saw a net inflow of approximately $4.9 million, on January 14th, $10.63 million, and on January 13th, $12.98 million. The total net inflow has reached $1.28 billion, with current total assets under management at $1.52 billion. Among them, Grayscale XRP ETF GXRP has a total net inflow of $287-288 million, Bitwise XRP ETF has a total net inflow of $310 million, and Franklin XRP ETF XRPZ has a total net inflow of $284-288 million. The current XRP net asset ratio remains between 1.19% and 1.21%. Although XRP prices have recently faced downward pressure, institutional investors’ demand for allocation via ETFs remains stable, indicating that institutional capital’s long-term view of XRP’s value has not fundamentally changed. This sustained structural demand provides important technical support for the price.

2️⃣ Ripple’s Regulatory Breakthroughs in the EU Accelerate, Payment Infrastructure Compliance Framework Gradually Improves

Ripple has received preliminary approval for an Electronic Money Institution (EMI) license from the Luxembourg Financial Industry Supervisory Commission, issued in the form of a “green light letter,” laying the groundwork for offering broader payment services within the EU once final compliance conditions are met. Coupled with the previously obtained FCA license in the UK, Ripple is establishing a dual regulatory framework to more efficiently promote cross-border payments, stablecoin applications, and asset tokenization settlements in key European financial markets. Ripple President stated that the EU is a leading jurisdiction in establishing a comprehensive digital asset regulatory framework, which provides certainty that helps financial institutions move blockchain technology from pilot phases to commercial scale. This progress directly enhances XRP’s practical application scenarios in on-chain financial infrastructure, providing regulatory certainty for institutional payment needs, and helping to increase market recognition of XRP’s long-term functional value.

3️⃣ Dubai Property Tokenization Platform Launches, XRP Gains High-Value Real Asset Application Scenarios

The Dubai government-supported real estate trading platform allows investors to buy and trade real estate shares via blockchain, with XRP directly used as the core settlement tool. This is the first major case where high-value real-world assets are tokenized, traded, and settled on-chain in a compliant manner. In this application, XRP is no longer just a trading asset but becomes a direct settlement medium for property shares. Leveraging XRP Ledger’s high throughput and low transaction costs, property token transfers and settlements can be completed near real-time. This model provides a clear real-world financial demand foundation for XRP, gradually shifting it from a speculative asset to a functional financial infrastructure.

4️⃣ Evernorth IPO Preparation Advances, XRP Treasury’s Value Anchoring Mechanism Further Improved

Ripple-supported XRP treasury entity Evernorth is preparing to go public via SPAC merger on NASDAQ, with the trading code XRPN. The company holds 388 million XRP tokens, currently valued at about $812 million. The CEO stated that the timing is “nothing short of perfect,” emphasizing the company’s favorable regulatory environment, government support, and readiness to adopt institutional clients. Evernorth not only provides XRP exposure but also handles custody, compliance, and security obligations, representing an important step forward for institutional XRP holdings. This development will further strengthen XRP’s status as a regulated financial asset and build a long-term bridge between traditional finance and the XRP ecosystem.

5️⃣ On-Chain User Base Expansion Accelerates, Wealthiest Wallets and Wallet Count Grow in Tandem

Since mid-December 2025, the XRP whale list has added over 25,000 new wallet addresses, setting a new monthly growth record. This growth is not concentrated in a single tier but covers all address ranges from the top 0.1% to the top 10%, indicating that funds of all sizes are increasing or entering the market. Meanwhile, the total number of wallets holding XRP has increased from 7.41 million to over 7.51 million, with about 99,000 new addresses added in just the past month. Since the low of $1.84 on December 17, 2025, XRP has rebounded approximately 14%. The growth in wallet numbers and price moving upward together enhances market confidence in XRP holding above the $2 key support level. An increase in address count generally indicates expanding demand, helping to ease selling pressure and improve price resilience.

6️⃣ Australian Trading Activity Surpasses Bitcoin for the First Time in Four Years, Market Recognition Improves

XRP has achieved a key breakthrough in the Australian cryptocurrency market, becoming the most traded digital asset on the platform, surpassing Bitcoin for the first time in nearly four years in terms of trading volume. Strong local community support and the deep integration of XRP with Ripple’s ODL cross-border payment system are key reasons for the rapid rise in trading volume. From an asset perspective, XRP’s appeal is not solely due to price volatility but also its practical use in low-cost, high-efficiency cross-border payments. As the regulatory environment becomes clearer, network usage increases, and community engagement strengthens, trading volume continues to grow. This shift reflects a market transitioning from early speculative stages to a more rational, function-driven development.

7️⃣ Technical Side High-Level Consolidation, Key Support Levels Hold to Buffer Downside Risks

XRP has recently shown a high-level consolidation trend. After reaching a high of $2.41 on January 5th, the price gradually retraced and is now hovering between $2.00 and $2.20. The $2.02 level forms a confluence of Fibonacci support and short-term moving averages. Although short-term upward momentum has weakened, the overall structure remains in high-level consolidation, with no signs of trend reversal. The total crypto market cap has recently experienced downward pressure, with mainstream assets also under stress, weakening XRP’s independent movement space. If XRP can stay above $2.00, there remains potential for a breakout toward $2.22 or even $2.40; conversely, if it effectively breaks below $2.00, caution is advised for further retracement toward $1.90–$1.80.

This message is not investment advice. Please be aware of market volatility risks.