XRP Price Today, November 16, 2025: ETF Hangover Keeps Ripple Near $2.25 as Whales Juggle 200M Tokens

XRP price today, November 16, 2025, is hovering around $2.25 as the first U.S. spot XRP ETF cools after a record debut. Whale wallets are moving hundreds of millions of XRP, on-chain activity is surging, and analysts are watching key support near $2.00 and resistance above $2.35

XRP price today: trading around $2.25

As of November 16, 2025, XRP is trading around $2.25 per token, with most major price trackers showing it in a narrow band between roughly $2.23 and $2.26 over the past 24 hours. ^[1]

Key snapshot for today:

Spot price: ≈ $2.25
24h range: roughly $2.19 – $2.27 based on recent daily highs and lows. ^[2]
24h change: essentially flat to slightly negative (around ±1%), depending on the data source and time of measurement. ^[3]
7‑day performance: down about 2–3% from last week’s levels near $2.30. ^[4]
Market cap & rank: around $130–135 billion, keeping XRP firmly in the #4 spot by market capitalization. ^[5]
24h volume: in the $2.9–3.1 billion range, signaling still‑strong trading interest. ^[6]

From a wider perspective, XRP is currently trading about 10–15% below its late‑October local highs above $2.50, reflecting a cooling period after a powerful autumn rally. ^[7]

ETF euphoria vs. reality: XRPC launch didn’t trigger a moonshot

The big story behind XRP right now is not just price—it’s Wall Street’s first spot XRP ETF.

Canary Capital’s XRPC: record debut, modest price reaction

Canary Capital’s XRPC, the first U.S. spot XRP ETF, launched on Nasdaq in mid‑November, extending the crypto ETF universe beyond Bitcoin and Ether. ^[8]
On day one, XRPC saw about $58–59 million in trading volume and an estimated ~$245 million in net inflows, making it one of the strongest ETF launches of the year. ^[9]

Yet XRP’s price didn’t explode:

CoinDesk/FX‑linked coverage notes that XRP actually dropped from roughly $2.31 to around $2.22 during the 24‑hour session ending early November 16, a 4%+ intraday slide despite the ETF milestone. ^[10]
Cointribune highlights that even with $58M in first‑day XRPC volume, XRP ended that day down about 7%, a sharp contrast with the explosive reactions seen when other crypto ETFs debuted in the past. ^[11]

Why the ETF hasn’t pumped XRP (yet)

Analysts and commentators point to several reasons why XRPC’s launch hasn’t immediately translated into a big XRP rally:

ETF mechanics (T+1 and OTC creation)
- Cointribune explains that ETF flows settle on a T+1 cycle—funds reach the issuer the next business day, thenthe issuer buys XRP, sometimes via OTC deals instead of open exchanges. That delays and partially hides the direct buying pressure on spot markets. ^[12]
Fading volumes after day one
- FXEmpire’s November 16 note shows XRPC’s volume sliding from ~$59M on day one to about $26M on Friday, Nov. 14, dampening enthusiasm and limiting follow‑through demand for XRP into this weekend. ^[13]
Risk‑off macro and ETF outflows elsewhere
- The same FXEmpire piece points out that Bitcoin spot ETFs saw about $1.11 billion in net outflows in the latest week, reflecting a broader risk‑off tone as traders scale back expectations for a near‑term Fed rate cut. ^[14]
- Binance’s market update for November 16 shows major coins trading mixed, with BTC barely positive and a handful of smaller altcoins outperforming, confirming a choppy, cautious environment rather than a full‑on risk rally. ^[15]

Long‑term “supply shock” narrative

While the short‑term reaction has been underwhelming, some analysts argue the ETF could be quietly laying the groundwork for a future supply squeeze:

A detailed breakdown from Times Tabloid walks through how XRPC was seeded with 10,000 shares at $25 each, each backed by 10 XRP, meaning 100,000 XRP to start. ^[16]
Scaling that up, the author notes that if daily volume ran at $57 million around $25/share, the ETF might need 20+ million additional XRP just to keep the same backing ratio—illustrating how sustained inflows could steadily remove XRP from liquid circulation over time. ^[17]

In short: ETF demand is real but slow‑burn, and today’s price around $2.25 reflects a tug‑of‑war between that new structural demand and a generally risk‑averse macro backdrop.

Whales, network spikes and on‑chain divergences

Beneath the flat headline price, on‑chain metrics for XRP have gone wild over the last 24–48 hours.

200% spike in network activity

A fresh U.Today report highlights a 200% surge in XRP network activity, with about 2.56 billion XRP moving across the network in just 24 hours—one of the biggest spikes in months. ^[18]

What’s interesting is what didn’t happen:

Despite the huge jump in payment volume, U.Today notes there was no corresponding spike in exchange inflows or forced liquidations, and price stayed roughly in its recent range. ^[19]
Analysts there see this as a classic bullish divergence: fundamentals (real usage and network activity) heat up while price remains compressed below major moving averages, especially with the $2.30–$2.35 zone acting as a stabilizing area on dips. ^[20]

716 whale transfers + 200M XRP dumped

At the same time, large holders have been very busy:

AMBCrypto reports that XRP just recorded 716 whale transfers worth over $1 million each, the highest count in four months, suggesting major players are repositioning around current levels. ^[21]
On the derivatives side, the same report notes open interest hovering near $1.3 billion and funding rates close to neutral, suggesting no aggressive leveraged rush either long or short. ^[22]
However, a new Finbold article published today says that wallets holding 1–10 million XRP off‑loaded nearly 200 million tokens in 48 hours, one of the steepest two‑day drops in whale balances this quarter. ^[23]

Finbold’s piece also cites on‑chain data sourced via analyst Ali Martinez, noting that this sell‑off lines up with XRP drifting toward the lower end of its trading range and raises the risk of a retest of the key $2.00 support if bearish momentum accelerates. ^[24]

In other words: some whales appear to be accumulating quietly, while another cohort is clearly distributing, making today’s order flow look more like a complex rotation than one‑sided capitulation or FOMO.

Technical view: key XRP levels traders are watching

With price hovering in the mid‑$2 zone, technical analysts are converging on similar support and resistance levels.

Support zones

Different analyses published today and over the weekend highlight broadly overlapping downside areas:

FXEmpire’s Bob Mason flags support around $2.20, with deeper levels near $2.00 and $1.90 if selling extends. ^[25]
BraveNewCoin warns that, despite ETF inflows, XRP could retrace toward ~$2.07 if the current rebound from the $2.45 region fails to gain traction. ^[26]
Finbold’s technical summary emphasizes $2.00 as a “critical” psychological floor; a decisive break could “open the door to deeper losses.” ^[27]

Resistance and moving averages

On the upside, XRP is battling a thick cluster of overhead levels:

U.Today highlights the $2.55–$2.60 band as the zone XRP must reclaim to flip its broader trend from corrective to bullish again. ^[28]
FXEmpire places major resistance around $2.35, then $2.50, $2.62, $2.80, $3.00, and even $3.66 in more optimistic scenarios. ^[29]
Finbold notes that the 50‑day simple moving average sits near $2.57 and the 200‑day around $2.65, both comfortably above today’s price and acting as dynamic resistance that XRP would need significant buying power to break. ^[30]

Right now, several sources agree that all the major EMAs/SMA lines are above the current spot price, keeping XRP in a technically neutral‑to‑bearish posture unless it can stage a sustained push through the mid‑$2.30s and then the $2.50 area. ^[31]

Macro and broader crypto context

Today’s XRP price action is happening against a nervous macro backdrop:

FXEmpire points out that expectations for a December Fed rate cut have faded, with U.S. inflation worries resurfacing. That’s feeding a risk‑off tone across markets and helping explain $1.11 billion in weekly outflows from Bitcoin spot ETFs, a key barometer for institutional risk appetite. ^[32]
Binance’s November 16 market snapshot shows Bitcoin trading roughly between $94,800 and $96,500 over the last 24 hours, barely up on the day, while most large‑cap altcoins are “mixed”—some strong winners, but no broad‑based rally. ^[33]

Altcoins like XRP tend to overreact to these shifts in risk sentiment: when ETF flows and macro data cooperate, they can surge; when ETF outflows and Fed uncertainty dominate, they often bleed sideways or down, even in the face of positive project‑specific news.

Fundamental backdrop: Ripple’s regulatory wins and banking ambitions

Beyond the daily candles, XRP’s long‑term story is increasingly tied to Ripple’s evolving role in regulated finance:

In August 2025, Ripple and the U.S. SEC formally ended their appeals, leaving in place a 2023 court ruling and a $125 million settlement, effectively closing one of the highest‑profile crypto enforcement battles. ^[34]
Ripple has applied for a U.S. national bank charter and a Federal Reserve master account, aiming to directly plug its operations—and its dollar‑backed stablecoin RLUSD—into the Fed’s payment rails. ^[35]
Under the GENIUS Act, which created a federal framework for stablecoins this year, RLUSD has grown rapidly; coverage from industry and regulatory observers notes that RLUSD has already reached hundreds of millions in market cap and is increasingly used for treasury and collateral use cases. ^[36]
Earlier this month, Ripple raised about $500 million in a round led by Fortress Investment Group and Citadel Securities, valuing the company around $40 billion and underlining institutional interest in its combination of payments, custody, stablecoins, and XRP‑linked infrastructure. ^[37]

For XRP bulls, these developments are part of the long‑term thesis: a more regulated, bank‑integrated Ripple ecosystem potentially supports steady demand for XRP as a bridge asset and for XRPL‑based products—even if day‑to‑day price action doesn’t immediately reflect that.

What analysts are saying about XRP’s next move

A range of commentaries out today sketch out competing scenarios:

FXEmpire’s outlook describes a “near‑term structure signaling wider losses” if ETF inflows disappoint and macro data stays unfriendly, with a slide toward $2.20 or even $2.00 on the table in a bearish case. ^[38]
U.Today and Times Tabloid focus more on latent bullish pressure: network activity, ETF mechanics, and potential supply shocks if multiple XRP spot ETFs launch and attract sustained inflows. ^[39]
Finbold warns that recent 200M‑XRP whale dumps could be preparing the ground for a retest of $2, but also notes that RSI around 41–42 suggests neither extreme fear nor euphoria—leaving room for a sharp move in either direction. ^[40]

Separate coverage (outside of today’s strict headlines) from outlets like ZyCrypto and Nasdaq has floated mid‑cycle targets ranging from $3 to as high as $6 for a full ETF‑driven bull leg—but those projections are highly speculativeand depend on strong inflows, friendlier macro conditions, and sustained regulatory clarity. ^[41]

Key takeaways for XRP on November 16, 2025

Putting it all together, today’s XRP picture looks like this:

Price is steady but heavy: XRP sits near $2.25, essentially flat over 24 hours, down a few percent on the week, and ~10–15% off late‑October highs. ^[42]
ETF launch was a milestone, not an instant rocket: XRPC’s debut brought strong first‑day volume and inflows, but ETF mechanics, sliding volumes, and macro risk‑off conditions have kept XRP from breaking out above $2.30–$2.50—for now. ^[43]
On‑chain data screams “something’s brewing”: Network volume spiked 200%, whales executed 716 large transfers and moved roughly 200M XRP in 48 hours, yet price remains range‑bound—classic fuel for a future sharp move, direction still unclear. ^[44]
Technical levels are clear: Traders are watching $2.20–$2.00 on the downside and $2.35–$2.60 on the upside, with major moving averages and prior highs clustering in that upper band. ^[45]
Fundamentals remain quietly constructive: Ripple’s SEC resolution, bank‑license bid, stablecoin growth, and new funding round support a narrative of increasing institutional integration, even if today’s candle looks indecisive. ^[46]

For now, XRP is in a classic “coiled spring” phase: ETF‑era structural demand and heavy on‑chain activity on one side, macro headwinds and whale selling on the other. Traders will be watching the $2.00 floor, ETF flow data, and upcoming U.S. economic releases closely to see which side blinks first.

Disclaimer: This article is for informational and news purposes only and does not constitute financial or investment advice. Cryptocurrencies are highly volatile and risky. Always do your own research and consider consulting a licensed financial professional before making investment decisions.

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