XRP
XRP Spot Funds Record 13th Week of Inflows as Token Falls 9% Over Seven Days
US XRP spot funds attracted $11.31 million in their thirteenth consecutive week of inflows even as token prices dropped 9% over seven days.
American spot funds holding XRP logged their thirteenth straight week of net inflows, adding $11.31 million in the week ending October 9. Despite these sustained capital additions, total assets across XRP funds fell from $1.66 billion to $1.57 billion due to token price depreciation.
As of midday on October 12, XRP traded at $1.38, marking a 1.45% decline over 24 hours and a 9.02% decrease over the prior week, down from around $1.52. The token had gained 0.78% over 30 days but remained down 42.11% over 12 months and 62.2% below its record high of $3.65, based on CoinGecko data.
XRP's market capitalization stood at roughly $87 billion with 24-hour trading volume of approximately $1.52 billion and a circulating supply of 63.13 billion tokens. Meanwhile, the asset gap separating XRP funds from US Solana funds narrowed to $160 million as Solana products saw persistent net outflows.
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