XRP Price Stabilizes at $1.25 Amid ETF Outflows and Growing Wallet Count
XRP's price remains near $1.25 despite bearish market sentiment and ETF outflows, with a surge in new wallets and tightening Bollinger Bands.
XRP's price remains near $1.25 despite bearish market sentiment and ETF outflows, with a surge in new wallets and tightening Bollinger Bands. XRP (XRP) is trading at $1.26, up 0.8% since this brief published. This is an original TLT brief based on reporting by Crypto.news, with live market data added, as of Tue, 03 Nov 2026 11:15:02 UTC.
The stabilization of XRP's price amid broader market downturns and ETF outflows highlights potential resilience, while the increase in new wallets and technical indicators suggest growing interest and possible price volatility.
- XRP price holds steady at $1.25 despite bearish market conditions.
- Nearly 8,000 new wallets added, indicating growing interest.
- Bollinger Bands are tightening, suggesting potential price movement.
XRP's price has remained relatively stable near $1.25, despite the broader cryptocurrency market facing downward pressure. The total crypto market cap has fallen to $2.65 trillion, with 
Bitcoin experiencing a 1.25% drop in the past 24 hours.
The stability of XRP's price comes amid persistent ETF outflows and a prevailing bearish sentiment, as indicated by the Fear & Greedometer's reading of 26, which signifies fear. This suggests that investors may be cautiously holding their positions in XRP.
One of the key developments is the addition of 7,934 new wallets, which indicates growing interest in XRP despite the challenging market conditions. This increase in new wallets could suggest potential future price movements as more investors enter the market.
Technical indicators, such as the tightening Bollinger Bands, further support the possibility of an impending price movement. Bollinger Bands are a popular tool used to measure market volatility, and their tightening often precedes significant price changes.
The broader market context shows a decline in overall market sentiment, with Bitcoin's 7-day performance down by 3.44%. However, XRP's 24-hour performance shows a slight increase of 0.49%, suggesting some resilience compared to other major cryptocurrencies.
Since this brief published about 1 hour ago, XRP (XRP) has moved from $1.25 to $1.26 — +0.80%.
The chart plots XRP's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 XRP ≈ ₦1,738.21 (about $1.26), up 0.9% over 24 hours. The naira itself trades about 2.5% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
XRP Price Stabilizes at $1.25 Amid ETF Outflows and Growing — questions & answers
Why is XRP's price holding steady at $1.25?
XRP's price stability at $1.25 is attributed to the addition of nearly 8,000 new wallets and tightening Bollinger Bands, despite ETF outflows and bearish market sentiment.
What do the tightening Bollinger Bands indicate?
Tightening Bollinger Bands suggest potential price volatility and a possible significant price movement in XRP.
How does XRP's performance compare to Bitcoin?
XRP has shown a slight 0.49% increase in the past 24 hours, while Bitcoin has dropped by 1.25%, indicating some relative resilience.
How much is 1 XRP worth in naira today?
About ₦1,738.21 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $1.26. The naira price moves with both XRP's US-dollar price and the USDT/NGN rate; use our XRP in naira page for any amount.
Has XRP's price moved since this brief was published?
XRP is up 0.80% since this brief first published — trading at $1.26 now versus $1.25 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from Crypto.news. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.