Fresh inflows into XRP-related funds, coupled with a spike in new wallet creation, suggest traders may be selectively rotating capital into the token while pulling back from larger cryptocurrencies.
XRP traded near $1.37 during midday Hong Kong hours on Thursday, according to CoinDesk data. In contrast, bitcoin hovered around $77,400 while ether remained under pressure, highlighting a divergence in performance across major digital assets.
Data from CoinGlass shows XRP-linked funds recorded $8.88 million in inflows in the latest session, extending a positive streak that included $18.52 million on May 14 and $10.87 million on May 15. Over the past week, total inflows into XRP products have reached roughly $42 million.
The trend stands out against ongoing outflows from larger crypto investment products. Bitcoin ETFs recorded $100.9 million in redemptions in the latest session, following heavier withdrawals of $648.6 million, $331.1 million, and $290.4 million in preceding days. Ether funds also remained weak, posting $32.6 million in outflows.
The contrasting flows suggest a more selective allocation strategy within crypto markets, with XRP attracting relative demand while major assets face sustained selling pressure. Still, XRP’s underlying network strength remains below levels seen in late 2025.
On-chain activity provides an additional but less definitive signal. Blockchain analytics firm Santiment reported that XRP saw the fourth-largest daily surge in wallet creation this year, with 4,300 new wallets added within 24 hours.
While increases in wallet creation can indicate fresh user participation—especially when paired with inflows—the broader trend remains weak. Santiment data shows XRP network growth has generally declined since late 2025, suggesting the recent spike may reflect short-term speculative positioning rather than sustained adoption.
For market participants, the key question is whether these signals point to the early stages of a broader capital rotation into XRP or simply a temporary shift in positioning amid continued pressure across the wider crypto market.
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