Ripple XRP Eyes $0.40: Market Cap Touches $20 Billion Amid $900 Million Inflows
Ripple's XRP is making waves in the cryptocurrency market, with significant price movements and substantial inflows fueling optimism. XRP briefly touched $0.40 on Monday before retracing in price and slipping back to $0.38, sparking debate about its potential to break through resistance and sustain higher levels.
The surge in interest is reflected in XRP's market capitalization, which momentarily reached $20 billion, highlighting renewed investor confidence. This growth is further supported by impressive inflows of $900 million, indicating strong buying pressure and a positive outlook for XRP's future performance. Will the cryptocurrency sustain itself breaking its resistance next?
Adding to the intrigue, rumors are swirling about Ripple's strategic expansion plans. Ripple is reported to have increased its offer to purchase Circle, the issuer of USDC, from $5 billion to over $20 billion. The higher valuation is now under active negotiation, signaling Ripple's ambition to play a larger role in the stablecoin ecosystem. This potential acquisition could have significant implications for both Ripple and the broader crypto landscape.
Analysts are closely monitoring XRP's price action, looking for signs of a sustained breakout above the $0.40 mark. The last XRP The Future of the XRP Markets Report Since 2025, Ripple has published the XRP Markets Report to provide RLUSD emerged as one driver of on-chain activity with its use increasing on-chain. Success in breaking this resistance could pave the way for further gains. Factors contributing to the current momentum include increased institutional interest and positive developments in Ripple's ongoing legal battle with the SEC.
Stay tuned for further updates as the XRP market continues to evolve. Key levels to watch include the $0.40 resistance and support around $0.38. The combination of market inflows, strategic acquisitions, and positive newsflow suggests a potentially bullish outlook for Ripple's XRP.