XRP Shows Potential for Breakout Amid Institutional Interest

XRP has posted a 3% daily gain, with analysts suggesting a potential breakout if the price sustains a close above $1.38. While some observers note a decline in network activity and recent profit-taking by whales, others point to a "cup and handle" pattern and institutional demand as bullish indicators. Spot XRP ETFs have reached record net inflows of $1.7 billion, with products offered by firms including Bitwise, Franklin Templeton, Canary Capital, 21Shares, and Grayscale.