XRP Price USD Surges 21% as Breakout Ignites Fresh Rally – Can XRP Hit $2 Next?

XRP price has exploded 21%, breaking out of months of compression and putting the $2 level back on the market’s radar. With the broader crypto market rally adding liquidity and institutional flows strengthening, XRP has moved from a range-bound recovery into a breakout phase. The immediate test is now whether bulls can turn $1.60 into support and clear $1.75, opening the path toward $2.

XRP ETF Inflows and Broader Crypto Rally Drive Fresh Demand

The broader crypto-market rally has provided the liquidity backdrop for XRP’s breakout, with Bitcoin’s price recovery above $77,000 helping accelerate capital rotation into large-cap altcoins. XRP is also benefiting from a stronger institutional demand backdrop. Spot XRP ETFs recorded $13.24 million in net inflows on August 20, extending the current streak to three consecutive positive sessions. Since the beginning of July, XRP ETFs have reportedly recorded only three days of net outflows and now hold nearly $1.2 billion in XRP exposure.

Moreover, Bitwise clients purchasing approximately $16.89 million worth of XRP, further reinforcing the demand narrative around regulated investment products. The combination of broader market strength and persistent XRP-specific inflows has created a stronger foundation for the latest price expansion than a purely speculative move.