XRP Price Today, November 24, 2025: Spot ETF Launches Lift XRP Above $2 as Whales Buy and On‑Chain Activity Cools

XRP is trading back above the psychologically important $2.00 mark today, boosted by fresh U.S. spot XRP ETF launches, heavy whale accumulation and a broader crypto market bounce from oversold levels. At the same time, on‑chain data shows a sharp drop in real network activity, keeping caution high among analysts and traders. ^[1]

Below is a detailed breakdown of XRP’s price, latest news and key levels for Monday, 24 November 2025.

XRP price today (24 November 2025)

As of the time of writing, XRP trades around $2.06 against the U.S. dollar. That puts the token:

Intraday range: roughly $2.03 – $2.10 so far today
24h performance: modestly green on most spot feeds, but 5–7% above Sunday’s oversold lows near $1.95 ^[2]
Market rank: XRP remains the fourth‑largest cryptocurrency by market cap, according to multiple market data providers ^[3]
Year‑to‑date: Brave New Coin data suggests XRP is up around 150% in 2025, helped by regulatory clarity and renewed institutional interest ^[4]

Different providers quote slightly different spot prices (for example, some dashboards still show XRP closer to $1.94–$2.00), but most converged around the low‑$2 range on Monday. ^[5]

Quick snapshot:

Price: ≈ $2.06
24h low / high: ≈ $2.03 / $2.10
Trend vs yesterday: mildly bullish after the weekend bounce
Trend vs last week: still down from mid‑November peaks above $2.20–$2.30, but stabilizing around $2

ETF launch day: Wall Street products give XRP a new narrative

The big story today is ETFs. After years of speculation, XRP is finally getting its own lineup of U.S.-listed spot exchange‑traded funds, adding a regulated gateway for both institutions and retail investors.

Several key developments are converging:

Grayscale spot XRP ETF (GXRP) is going live on NYSE Arca, part of a dual launch alongside a new Dogecoin product. ^[6]
Canary Capital’s XRPC XRP ETF and a Bitwise spot XRP ETF began trading earlier in November and have already attracted over $400 million in combined net inflows, according to ETF flow trackers cited by Brave New Coin and FXStreet. ^[7]
Franklin Templeton’s XRPZ ETF is also debuting, with a 0.19% sponsor fee waived on the first $5 billion in assets until mid‑2026, positioning it as one of the cheapest XRP funds on the market. ^[8]

FXStreet notes that U.S.-listed XRP ETFs pulled in about $243 million in net inflows one week and nearly $180 million the next, for a cumulative total near $423 million in just their first weeks of trading. ^[9]

That’s especially notable because, over the same period, Bitcoin and Ethereum ETFs saw sizable net outflows – over $1.7 billion combined, according to Coinpedia’s ETF recap. ^[10]

Why these ETF inflows matter for XRP

New regulated access:
Spot ETFs allow pensions, RIAs and conservative funds to get XRP exposure via stock exchanges, without opening crypto wallets or dealing with custody risks directly. ^[11]
Liquidity and price discovery:
With hundreds of millions of dollars already flowing into XRP products, order books are deepening and arbitrage between ETF and spot markets can tighten spreads over time.
Sentiment vs. reality:
Social media is full of calls like “XRP to $5 on ETFs alone,” but analysts stress that ETF approval is a catalyst, not a guarantee of a sustained bull market. Liquidity, broader risk appetite and on‑chain usage still matter. ^[12]

On‑chain data: bullish whales, bearish fundamentals

Under the surface, the on‑chain picture is more nuanced.

Payment volume and transactions have slumped

U.Today highlights a worrying trend: XRP’s account‑to‑account payment volume has fallen by about 50% over the last month. Daily transaction counts have also dropped from a 1.2–1.5 million range to around 686,000 as of November 24, pointing to lower real network usage. ^[13]

At the same time, FX Leaders reminds readers that historically, XRP’s ledger has processed tens of millions of transactions per day and supports more volume than rival ISO‑20022‑aligned chains like Stellar. ^[14]

The takeaway: XRP’s network is still heavily used, but recent weeks show a clear cooling in activity, even as the price has stabilized near $2. Analysts warn that either:

Markets are treating the on‑chain slowdown as temporary, or
The decline hasn’t been fully priced in yet, leaving room for disappointment if usage doesn’t rebound. ^[15]

Derivatives and ETF flows hint at cautious risk‑on

FXStreet notes that XRP futures open interest (OI) has hovered between $3–4 billion over the last two weeks, landing near $3.61 billion on Monday, up from $3.28 billion the day before. ^[16]

That suggests:

Traders are re‑entering positions, but
The market is not yet in full risk‑on mode — OI would need to trend higher consistently to support a sustained rally.

On the technical side, FXStreet’s daily chart shows: ^[17]

RSI around 39 and rising – early signs of returning bullish momentum.
MACD still flashing a sell signal since mid‑November, with a negative histogram below zero.
A decisive close above $2.00 needed to tilt momentum firmly in favor of the bulls; otherwise, a drop back toward $1.82 remains on the table.

Brave New Coin’s medium‑term analysis adds that XRP remains in a descending channel since August 2025, with support near $1.80 and strong resistance around $2.20–$2.30. ^[18]

Whales, Ripple transfers and exchange reserves

If on‑chain activity looks soft, capital flows inside the XRP ecosystem tell a different story.

$7.7 billion in whale accumulation

Coinpaper reports that large XRP holders (“whales”) have accumulated around $7.7 billion worth of XRP over the last three months, mostly during periods of bearish sentiment. ^[19]

Key details from that report:

Whale wallets show steady inflows of XRP, suggesting accumulation rather than distribution.
Price is retesting a double‑bottom breakout zone near $2.06, with technical targets around $2.30 and $3.50 if the pattern plays out. ^[20]

Historically, whale accumulation in major cryptocurrencies tends to precede larger upside moves, although timing can be unpredictable.

Ripple’s $202 million transfer raises eyebrows

In a separate article, Coinpaper flagged a 102 million XRP transfer (over $202 million) from Ripple to a previously quiet wallet that originally held only 6,000 XRP and had been dormant for years. ^[21]

Analysts speculate that:

The transfer could be related to institutional deals, treasury restructuring or OTC arrangements, but
It also underscores how a small number of large actors can move substantial XRP at once, adding to supply‑shock risk.

The same report suggests that $2.03 may mark a “final low” for Wave‑2 correction in an Elliott Wave framework, especially if it aligns with Bitcoin holding support near $88,000 — a setup that could set the stage for a bullish Wave 3 leg to new highs. ^[22]

Exchange balances and leverage

AMBCrypto’s daily update adds more color on trader positioning: ^[23]

Binance XRP reserves have fallen by around 3 million tokens, indicating that some holders are withdrawing to cold storage, usually a sign of accumulation rather than immediate selling.
On‑chain data pinpoints a key accumulation zone at $1.75, where investors previously bought about 1.8 billion XRP.
A bullish “Morning Star” candlestick pattern is forming near the $1.85 support, hinting that the downtrend may be exhausting — even though XRP still trades below its 200‑day EMA, a sign of a broader bearish structure.
Derivatives data shows major liquidation clusters around $2.006 (support) and $2.072 (resistance) where heavily leveraged longs and shorts are stacked, making those zones likely flashpoints for volatility.

Brave New Coin also notes that the top 100 XRP wallets control roughly 68% of circulating supply, and around 42% of all XRP is currently held at a loss, factors that can intensify both rallies and sell‑offs when sentiment flips. ^[24]

Technical view: can XRP keep the $2 floor?

Different analysts are converging around a few key zones.

Support zones

$2.00:
- Psychological round number and short‑term support in FXStreet’s outlook.
- A daily close below this level could revive bearish pressure towards $1.82. ^[25]
$1.85:
- Where the Morning Star pattern is forming in AMBCrypto’s daily chart. ^[26]
$1.75:
- On‑chain cluster where 1.8 billion XRP was accumulated, a major structural support if $1.85 fails. ^[27]
$1.80:
- Lower boundary of the descending channel identified by Brave New Coin as the line in the sand for short‑term bulls. ^[28]

Resistance zones

$2.06 – $2.10:
- Today’s intraday high area and near‑term pivot. ^[29]
$2.12 – $2.18:
- Identified by Brave New Coin as a critical weekly “supply and demand” band. A sustained break and close above this zone could open the way toward $2.35–$2.45. ^[30]
$2.20 – $2.30:
- Stronger resistance cited by several analyses; a successful breakout here would mark a notable regime shift after the recent correction. ^[31]

If XRP can hold above $2.00 and punch through the $2.12–$2.30 resistance stack, technical models project medium‑term upside targets anywhere from $2.35 to the $3–$4 zone, depending on which triangle or channel measurement you use. Failure to do so increases the risk of another leg down toward the $1.90, $1.82, and even $1.75 supports. ^[32]

Macro and fundamentals: SWIFT, ISO 20022 and Ripple’s network

Beyond daily charts, macro adoption narratives are back in focus.

FX Leaders reports that SWIFT expects around 90% of cross‑border transaction volumes to be migrated to ISO 20022 messaging standards by early 2026. ^[33]

Key points from that piece:

The ISO 20022 Registration Management Group (RMG) includes firms aligned with chains like Algorand, Hedera, Stellar and Ripple, giving XRPL a seat at the table as legacy finance standardizes its messaging rails. ^[34]
Ripple has partnerships with more than 300 banks and financial institutions, including names such as Santander and SEB. ^[35]
XRP’s spot trading volume often exceeds $2 billion per day, with derivatives volume reaching up to $8 billion in a single day — another sign that the asset remains deeply liquid despite recent volatility. ^[36]

Separately, Brave New Coin and Pintu both highlight that the SEC v. Ripple case effectively concluded in 2025, with Judge Analisa Torres’ ruling clarifying that secondary‑market XRP sales are not securities transactions, materially reducing U.S. regulatory overhang for the token. ^[37]

Still, ISO 20022 compatibility and legal clarity do not automatically guarantee that banks will hold or use XRP as a bridge asset at scale. Adoption depends on internal risk frameworks, cost‑benefit analyses versus alternatives (including stablecoins) and the broader macro environment.

Longer‑term XRP price predictions: wild numbers, big assumptions

Today’s price action is happening against an increasingly bold backdrop of long‑term XRP price projections.

An English‑language piece on Indonesian exchange Pintu summarizes several popular 2030 scenarios: ^[38]

A conservative model (e.g., Telegaon‑style) puts a possible 2030 high near $20.
More aggressive analysts talk about $100 per XRP, which would put 1,000 XRP at $100,000.
Ultra‑bullish views from figures cited by The Crypto Basic envision $1,000 per XRP or more, implying a market cap above $60 trillion – larger than the current total global stock market. ^[39]

Pintu rightly notes that to reach:

$100, XRP would need a market cap above $6 trillion
$1,000, it would need over $60 trillion, a figure many critics consider unrealistic under current monetary and economic structures. ^[40]

These projections are highly speculative and depend on extreme assumptions about XRP’s share of global payments, tokenization and store‑of‑value demand. They can be useful thought experiments but should not be treated as base‑case forecasts.

What to watch next for XRP

For traders and investors following XRP today and this week, key things to monitor include:

Price vs. key levels
- Can XRP hold above $2.00 into the daily close?
- Does price reclaim and close above $2.12–$2.18, then $2.20–$2.30?
- Or do we see a breakdown toward $1.90–$1.82–$1.75 supports? ^[41]
ETF flows
- Daily net inflows/outflows into Canary XRPC, Bitwise’s XRP ETF, Franklin’s XRPZ and Grayscale’s GXRP. Sustained inflows would reinforce the institutional adoption story; sudden outflows would undercut it. ^[42]
On‑chain usage
- Whether payment volume and transaction counts recover from the recent 50% slide. A continued trend lower would strengthen the bearish on‑chain narrative. ^[43]
Whale behavior and exchange reserves
- Follow large transfers from Ripple‑linked wallets and other “sleeping” wallets for clues about future supply. ^[44]
Broader crypto market
- Bitcoin is still dictating risk sentiment. Sunday’s bounce from extreme oversold RSI readings triggered the current relief move; another BTC leg lower could quickly drag XRP back under $2. ^[45]

Final word: opportunity and risk around XRP at $2

Today’s XRP price of around $2.06 sits at the intersection of:

New ETF‑driven institutional demand,
Aggressive whale accumulation and shrinking exchange reserves, and
Softening on‑chain activity and persistent technical weakness on higher timeframes.

For bulls, the narrative is clear: spot ETFs, ISO 20022 alignment and regulatory clarity could make XRP a leading beneficiary if tokenization and cross‑border settlement really scale in the traditional financial system.

For bears, equally clear risks remain: falling payment metrics, concentrated holdings, heavy leverage, and the possibility that ETF hype is already priced in.

Nothing in this article is financial advice. XRP remains a high‑volatility, high‑risk asset, and anyone considering exposure should carefully size positions, use risk controls, and do their own research before making decisions.

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