XRP moved back into the spotlight this week. At the time of writing, the token was trading at $1.43, up 0.47% on the day, with a market capitalization of $88.56 billion. The shorter-term picture was mixed: XRP slipped 2.08% over seven days, but it still posted a 2.55% gain over the past month.
Spot XRP ETFs Extend Their Inflow Streak
The clearest trigger came from ETF flow data. According to SoSoValue, U.S. spot XRP ETFs recorded a $6.44 million net inflow on April 24, lifting cumulative net inflows to $1.29 billion. As of that date, these products held $1.08 billion in assets, representing more than 1.23% of total XRP supply.
The consistency of those flows is part of the story. Since April 9, the products have not seen a meaningful outflow day, aside from one small $661,000 net exit. Bitwise’s XRP ETF stood out by accounting for the full $6.44 million one-day inflow on April 24. Its cumulative net inflow reached $425.61 million by that date. The source described spot XRP ETFs as being among the stronger spot fund performers of 2026 so far.
Ripple Lays Out a Multi-Phase Security Plan Through 2028
A second catalyst came from Ripple’s update published on April 20. The company outlined a multi-phase effort to make the XRP Ledger more resilient against quantum attacks by 2028, framing the work as preparation for a future in which advanced computing could weaken older encryption methods.
The roadmap includes early testing of quantum-safe cryptography, a hybrid rollout model, work with Project Eleven, and a planned “Quantum Day” step. The update did not present an immediate price effect, but it added a longer-dated security angle to the XRP narrative. For blockchain networks, security planning often matters less as a one-day headline and more as a signal of execution over time.
Coinbase Adds Another Route With Planned TAS Futures
The third factor was Coinbase’s plan to launch trade-at-settlement futures on May 1. TAS products allow traders to enter futures positions at prices close to the session’s settlement level, adding another listed tool for managing short-term price exposure.
GraniteShares also pushed back the launch of its 3x long and short ETFs to May 7 under Rule 485, without filing new paperwork. According to the source material, those proposed funds are designed to deliver 300% daily exposure through swaps and futures, a structure that can magnify both gains and losses.
Attention Returns to XRP on Flows, Product Expansion, and Network Upgrades
Views on the next price move remain split. The source said stronger regulation, ledger upgrades, and tighter supply could support a move toward the $5 to $8 range. A weaker setup, or slower adoption, could leave XRP trading near $1.
What stands out in this cycle is that the renewed interest did not come from a single headline. It came from the combination of steady ETF inflows, a clearly dated security roadmap from Ripple, and a new trading product planned by Coinbase. Those developments have put XRP back in focus, while the next phase still depends on whether demand holds and the announced upgrades arrive on schedule.