XRP price remains below $2, but new bullish stimuli have emerged.
XRP struggled to recover after failing to reclaim the $2.00 level. Broader market volatility has risen, preventing price action.
Still, the approach of the new year is drawing renewed attention to altcoins, fueling demand for exchange-traded fund products tied to XRP-linked strategies.
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Roundhill wants to launch a separate XRP ETF
Roundhill Investments, a US-based asset manager known for its thematic ETFs, has filed an updated product related to XRP with the US Securities and Exchange Commission. The filing demonstrates the growing regulatory acceptance of XRP as a reference asset in structured investment vehicles, demonstrating its presence in traditional finance.
The proposed ETF does not represent a spot XRP fund and does not directly hold XRP tokens. Instead, the product is structured to generate income through options premiums tied to other XRP-based ETFs. Practically speaking, the fund aims to capture returns rather than ownership from XRP's price movements, likely to launch in 2026.
Holders flock to XRP
Despite this development, existing XRP holders remain cautious. Exchange-account data has shown little movement in recent days, indicating investors are neither hoarding nor distributing aggressively. This flat shows hesitancy as participants wait for a clear market direction.
While the lack of liquidity will limit the upside immediately, the absence of large-scale selling will reduce downward pressure. A neutral posture often reflects uncertainty rather than persuasion. For XRP, stability at current levels could provide a basis for future moves once stronger signals emerge.
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The information on the chain refers to the change below the surface. Addresses of the new XRP rose sharply, hitting a monthly high. This trend reflects the New Year influx of participants seeking exposure ahead of demand, including ETF-related developments.
Macro momentum could improve if these new addresses translate into sustainable capital flows. Hot participants often bring increased demand, supporting price appreciation. However, address growth alone does not guarantee bullish results without the need for traffic volume and retention.
XRP price recovery will be slow.
XRP is trading at $1.87 at the time of writing, holding above the $1.86 support level. Price has hovered around this zone for several sessions, suggesting a balance between buyers and sellers. This range-bound behavior indicates continued volatility in the market.
A renewed rally is based on the stock being raised alongside continued income from new investors. For XRP to challenge $2.00, the price must first clear the resistance near $1.93. A sustained move above that level would signal an uptrend and reinforce short-term bullish prospects.
If the mood is disturbed, the danger of bad luck remains. A failure to hold $1.86 could expose XRP to a return to $1.79. Such a move undermines the bullish thesis and reinforces the broader consolidation narrative until stronger demand emerges again.
