XRP price stabilizes as FXRP minting soars – Is a new leg of momentum forming?
After months of choppy trading and weak sentiment across the crypto market, XRP is starting to show signs of coordinated strength. The token is no longer merely drifting higher with the broader rebound – instead, multiple pillars of support are emerging at the same time: DeFi expansion, institutional demand via spot ETFs, and a resilient technical structure on the price chart.
This confluence suggests that recent gains are not just another speculative spike, but may reflect a deeper shift in how capital is positioning around XRP.
Liquidity rotates back into “high-conviction” names
As market conditions improved, capital began rotating away from highly speculative altcoins and back into assets seen as more established or strategically important. XRP has been one of the clear beneficiaries of this shift.
The pattern is visible across three fronts:
– On-chain activity is rising as more XRP is deployed into DeFi ecosystems.
– Institutional investors are adding exposure through spot ETFs, even during consolidation.
– Price has been holding key support levels rather than breaking down under pressure.
Taken together, these signals point to renewed confidence rather than a fragile, hype-driven move.
FXRP minting spikes above 3 million in a single day
One of the most striking developments came on 27 February 2026, when more than 3 million FXRP were minted and deposited within just 24 hours. Activity ramped up particularly through Upshift.fi and Xaman Wallet, leveraging Flare Smart Accounts.
This surge is more than just a headline number. It reflects:
– Growing adoption of the Flare ecosystem as real infrastructure, not just a speculative side project.
– A willingness from XRP holders to wrap and deploy their tokens into DeFi protocols, locking them into yield strategies, liquidity pools, or other on-chain utilities.
– A shift from passive holding towards more active, capital-efficient use of XRP.
Flare Networks confirmed that 1.3 million FXRP had already been minted in the first seven hours of that same day, underlining how quickly interest accelerated.
High utilization underlines strong conviction, not casual experimentation
By the time of reporting, total FXRP supply had climbed to around 106 million tokens. Out of this, approximately 89 million remained locked in DeFi, with an estimated value of about 126 million dollars.
That means close to 70% of all FXRP in existence was actively deployed.
Such a utilization rate is difficult to dismiss as mere curiosity. High lock-in percentages typically indicate:
– Longer-term strategies rather than short-term speculation.
– A belief that the underlying DeFi ecosystem can sustain yields or provide meaningful utility.
– Reduced immediate selling pressure, since a significant portion of supply is committed on-chain.
From a market-structure perspective, that level of commitment strengthens the narrative that XRP is increasingly tied into a broader DeFi architecture, rather than sitting on the sidelines as an isolated asset.
XRP spot ETFs quietly accumulate during consolidation
On the institutional side, spot XRP exchange-traded funds registered net inflows of 1.22 million dollars on 26 February. Over the full week, total net inflows reached 7.53 million dollars, with accumulation occurring consistently session after session.
The important point here is not just the raw numbers, but the timing:
– Inflows continued even as price traded sideways and consolidated.
– Institutions did not wait for a breakout to chase momentum; they kept building exposure during quieter periods.
– This behavior suggests strategic portfolio positioning rather than opportunistic short-term trading.
The steady “green flows” underneath the surface add an additional layer of support to the price structure. Instead of capital fleeing during pauses or minor pullbacks, it is gradually reinforcing the base.
Capital and on-chain activity are now aligned
A common risk in crypto markets is divergence between on-chain data and capital flows: strong DeFi metrics with weak institutional interest, or vice versa. In XRP’s case, the opposite seems to be happening – the story is neatly aligned:
– Rising FXRP minting and high utilization demonstrate expanding on-chain participation.
– Growing ETF inflows highlight external, regulated demand from institutional investors.
– Together they create a feedback loop where on-chain traction justifies more capital, and new capital encourages further on-chain expansion.
This alignment reduces the odds that the current move is purely narrative-driven and increases the chances that it is supported by actual usage and allocation decisions.
Technical picture: XRP defends key support zone
At the time of writing, XRP was changing hands near 1.41 dollars, trading within a crucial support band between 1.32 and 1.48 dollars – the so‑called “green box” on many traders’ charts.
Key indicators painted a picture of cautious stabilization:
– The Relative Strength Index (RSI) sat in the low 40s, no longer deeply oversold, and had started to curl upwards. This often signals that selling pressure is losing dominance and buyers are slowly regaining control.
– The Moving Average Convergence Divergence (MACD) indicator had flattened, while histogram bars shrank, pointing to a gradual easing of bearish momentum.
Instead of slicing below support in a decisive breakdown, XRP’s price compressed calmly above this zone. Such price behavior often precedes a directional move once compression resolves.
Potential breakout zone: 1.49-1.50 dollars as a trigger
In the near term, the 1.49-1.50 dollar region stands out as an important threshold. A clean reclaim and daily close above this area would likely:
– Confirm that the current support band has held successfully.
– Signal that selling interest at this resistance has been absorbed.
– Open the path to higher targets, with the 1.80 dollar region standing out as a logical upside objective for many traders.
With both DeFi expansion and institutional inflows acting as fundamental “fuel,” bulls are not operating from a place of desperation, but from a position where momentum can be built if price confirms the breakout technically.
What the FXRP surge means for XRP’s broader ecosystem
Beyond short‑term price action, the FXRP dynamics hint at a deeper structural change:
– Wrapped assets like FXRP allow XRP holders to access lending, borrowing, liquidity provision, and yield strategies that are not available on the native chain alone.
– As more use cases emerge, FXRP can become a bridge between XRP’s existing user base and a wider DeFi landscape, increasing the token’s relevance in cross‑chain finance.
– High on-chain utilization can, over time, reduce free‑floating liquid supply on exchanges, potentially affecting how quickly price can move during demand spikes.
If this trajectory continues, XRP’s identity may increasingly evolve from “primarily a payments and settlements asset” to a key player in multi‑chain DeFi infrastructure.
Institutional positioning: How ETFs may shape volatility
The rise of spot ETFs also has implications that extend beyond simple inflow numbers:
– ETF vehicles often bring more disciplined, rules‑based investment approaches, which can smooth some of the extreme volatility typical of purely retail‑driven markets.
– At the same time, large ETF flows can create their own volatility when sentiment shifts sharply, as creations and redemptions adjust exposure.
– If institutional allocations to XRP through ETFs continue to rise, price action might gradually become more tethered to macro factors and portfolio‑wide risk sentiment.
In other words, XRP’s behavior could start to look more like that of a macro asset with identifiable flows, and less like an illiquid altcoin prone to isolated hype cycles.
Risks and scenarios traders should keep in mind
Despite the strengthening backdrop, the picture is not risk‑free:
– A failure to hold the 1.32-1.48 dollar support band could invalidate the constructive setup and trigger a deeper correction.
– If FXRP utilization drops sharply, it might indicate that capital is exiting DeFi positions, undermining one of the key bullish pillars.
– A sudden reversal in ETF flows – from consistent inflows to persistent outflows – would send a strong negative signal about institutional confidence.
Traders and investors watching XRP should therefore focus on a few critical variables: the integrity of the current support zone, the behavior of FXRP locked in DeFi, and the direction of net ETF flows.
Is momentum really building?
Putting all these elements together, XRP currently sits at an important crossroads:
– On-chain data shows genuine engagement through FXRP and DeFi.
– Institutional flows via spot ETFs are supportive rather than hesitant.
– Technical indicators confirm that selling pressure is easing while price holds a critical support region.
If XRP can reclaim and maintain levels above 1.49-1.50 dollars, the foundation laid by DeFi growth and ETF demand could power a move towards higher ranges such as 1.80 dollars. In that case, the recent stability would be seen not as a pause before another drop, but as the base of a new phase of momentum.
However, the sustainability of this trend will depend on whether those same supportive forces – DeFi utilization, infrastructure adoption, and institutional capital – continue to strengthen in the weeks ahead.