XRP’s price holds on as FXRP minting jumps – Is momentum building?

ambcryptoPublished on 2026-02-28Last updated on 2026-02-28

Abstract

XRP is demonstrating notable strength, driven by more than just a general market recovery. Key developments in DeFi and institutional activity are fueling momentum. Over 3 million FXRP were minted and deposited on Flare within 24 hours, with nearly 70% of the total FXRP supply actively deployed in DeFi, signaling strong conviction. Additionally, XRP Spot ETFs recorded consistent net inflows, reaching $7.53 million for the week, indicating sustained institutional interest. This alignment of on-chain participation and capital flow reflects renewed market confidence. Technically, XRP is holding firmly within the $1.32–$1.48 support range. A break above $1.50 could trigger upward momentum toward $1.80, supported by fundamental growth in DeFi and institutional accumulation.

Cryptocurrencies are looking stronger again after months of pain. The same can be said for XRP, with the altcoin not simply riding the broader market recovery. Instead, it has been moving with intent lately.

Strength emerged across DeFi, institutions, and the wider market at the same time. Institutional capital flowed steadily, on-chain participation expanded, and the price held firmly within important levels. Therefore, XRP reflected renewed market confidence rather than fragile speculation.

Liquidity rotated back into high-conviction assets, and XRP stood among the primary beneficiaries. So, where did this momentum truly originate?

XRP activity surges across DeFi as 3M+ XRP deployed on Flare

Over 3 million FXRP were minted and deposited within 24 hours on 27 February 2026. Activity accelerated through Upshift.fi and Xaman Wallet using Flare Smart Accounts. This can be characterized as infrastructure adoption unfolding in real time.

Flare Networks confirmed the surge after 1.3 million were minted in the first seven hours.

In particular, the total FXRP supply stood near 106 million tokens. Notably, 89 million remained locked in DeFi, valued at around $126 million. This implied that nearly 70 percent of supply was actively deployed at press time. That level of utilization showed conviction, not curiosity.

Spot ETFs continue to see numbers

XRP Spot ETFs recorded $1.22 million in net inflows on 26 February.

Additionally, total weekly inflows climbed to $7.53 million, with accumulation seen consistently across sessions too.

Green flows reinforced the narrative building underneath the price. Institutions did not hesitate during consolidation. This led to strengthening confidence that XRP maintained strategic positioning within portfolios.

Therefore, capital aligned with expanding on-chain participation, rather than contradicting it.

$1.32–$1.48 range now key support battle — Will XRP hold?

At the time of writing, XRP was trading near $1.41, inside the $1.32–$1.48 support band – The green box. RSI hovered in the low 40s and began curling upwards gradually.

Meanwhile, the MACD flattened with shrinking histogram bars, signaling the easing of bearish pressure.

The altcoin compressed calmly above the support level, rather than breaking decisively lower.

Therefore, reclaiming $1.49–$1.50 would likely unlock upside momentum towards $1.80. XRP has fuel from DeFi expansion and institutional flows. As a result, bulls now face an opportunity, not desperation.

Final Summary

DeFi utilization and ETF inflows reinforced XRP’s structural strength, aligning institutional capital with expanding on-chain participation.
Sustained defense of $1.32 could transform consolidation into expansion and unlock stronger upside momentum.

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