Sustained substantial inflows into Bitcoin ETFs and the expansion of the stablecoin market indicate strong institutional demand and active capital deployment, forming a positive foundation for XRP. Regulatory easing for cryptocurrency ETNs in the UK further supports market maturity and increased accessibility. While technical indicators remain neutral, strong fundamentals suggest an upward bias, pending the emergence of further momentum.

・Massive Inflows into US Bitcoin ETFs The sustained inflows into Bitcoin ETFs by institutional investors suggest growing confidence and demand for Bitcoin. This serves as a strong factor supporting price stabilization and a potential long-term upward trend. Notably, record-high inflows indicate the continuation of a bull market, potentially bringing positive spillover effects to other cryptocurrencies, especially XRP, which tends to correlate with Bitcoin's market capitalization. ・Record Expansion of the Stablecoin Market at Quarter-End The stablecoin market capitalization exceeding $300 billion, with a year-on-year growth rate of 46.8%, is evidence of intensifying capital inflows into the cryptocurrency market. Stablecoins serve as the foundation for trading and act as "rocket fuel" to draw more capital onto the blockchain. This could lead to increased trading volumes and capital rotation into other altcoins, potentially benefiting XRP's transaction activity indirectly. ・Regulatory Easing for Crypto ETNs in the UK The UK's Financial Conduct Authority (FCA) signaling its intention to ease regulations for crypto Exchange Traded Notes (ETNs) accessible to retail investors suggests expanded access to cryptocurrencies in Europe. This could make it easier for more retail investors to enter the crypto market, potentially contributing to enhanced overall market liquidity. Unlike ETFs, ETNs may not always be backed by physical crypto assets, but the regulatory easing serves as an indicator of market maturation. ・SBF's 'Biggest Mistake' Remark Regarding the FTX Collapse Former FTX CEO Sam Bankman-Fried's statement identifying the "biggest mistake" during the collapse as handing over control to the new CEO highlights an aspect of corporate governance failure, separate from past regulatory violations and fraudulent activities. While the FTX collapse shook confidence in the broader crypto market, this remark is likely to remain in the memory of market participants as a reflection on past events and accountability. Although the direct impact on XRP is limited, demonstrating a willingness to learn from past failures is crucial for restoring overall market confidence. ・JPMorgan and Citigroup Set Bitcoin Q4 Price Targets Major financial institutions setting year-end price targets for Bitcoin between $133,000 and $200,000 validates the bullish outlook among institutional investors. The view that continuous ETF inflows and correlation with gold could drive Bitcoin to new all-time highs is expected to boost overall market sentiment. Analyses from these prominent institutions may influence investment decisions regarding other major cryptocurrencies, including XRP. ・Coinbase's Application for a National Trust Bank Charter Coinbase's application to the US Office of the Comptroller of the Currency (OCC) for a national trust bank charter signifies a move by a cryptocurrency firm towards integration into the traditional financial system. This represents an effort to deepen collaboration with regulators and pursue broader business operations, marking a step towards enhancing the credibility and legitimacy of the crypto industry. Such regulatory cooperation could indirectly contribute to the adoption and expanded utilization of cryptocurrencies like XRP. ・Impact of AI Agents on Stablecoin Liquidity The point raised by a co-founder of Paxos Labs that AI agents could become "drivers of liquidity" for stablecoins suggests the future role of AI in financial markets. AI agents could potentially capitalize on market fragmentation by instantly shifting liquidity to efficient issuers. This technological innovation is expected to improve the overall efficiency and stability of the stablecoin market, contributing to the development of the broader cryptocurrency ecosystem. ・Ethereum Foundation Sells ETH for Research and Development Funding The Ethereum Foundation's exchange of 1,000 ETH for stablecoins to fund research, development, and grants demonstrates a clear strategy for financing Decentralized Finance (DeFi) initiatives. While the ETH sale may exert potential short-term selling pressure on the ETH price, it highlights the foundation's prioritization of its ecosystem's development. This move supports the growth of the DeFi sector overall, potentially impacting other cryptocurrency platforms like XRP indirectly. ・Vietnam Central Bank Predicts Credit Growth Amid Rapid Crypto Adoption The Vietnam Central Bank's projection of approximately 20% credit growth in 2025, coupled with the view that accelerating cryptocurrency adoption in the region could lead to liquidity flowing into global crypto markets, indicates rising crypto adoption in emerging economies. This expansion in countries like Vietnam could create new market opportunities, particularly for cryptocurrencies like XRP that excel in cross-border payments. ・Over $500 Million Inflow into Solana ETPs, Surge in CME Futures Open Interest The substantial inflows exceeding $500 million into Solana ETPs and the record increase in CME futures open interest indicate rapidly growing institutional interest and investment in Solana (SOL). This reflects the growth of the Solana ecosystem and the associated expectations of price appreciation for SOL. While XRP has different use cases than Solana, the increased institutional focus on altcoins could positively impact major altcoins like XRP. Overall Summary The cryptocurrency market sentiment remains broadly bullish, supported by positive news such as massive inflows into US Bitcoin ETFs, record expansion of the stablecoin market, and regulatory easing in the UK. Bullish price targets for Bitcoin set by major financial institutions and advancing crypto adoption in emerging economies signal market growth and increasing credibility, potentially driving inflows into major altcoins including XRP. However, aspects like the lessons learned from the FTX collapse and the potential impact of AI agents on liquidity require continued attention from both technological and regulatory perspectives.

Remarks by SBF concerning governance failures surrounding the FTX collapse serve as a stark reminder of past market risks and the critical importance of robust corporate governance. While the Ethereum Foundation's sales of ETH to fund its R&D efforts may introduce minor, short-term selling pressure, this is ultimately a positive development for the DeFi ecosystem. The key support level stands at $3. A break below this level could initiate further downside, necessitating close monitoring of overall market sentiment.

**Short-term (24-48 hours):** Consolidation is expected to continue as technicals remain neutral, although positive fundamentals offer downside support. **Mid-term (1 week):** An uptrend is possible, potentially challenging higher resistance levels, contingent upon continued ETF inflows and strengthening sentiment across altcoins. Potential catalysts include sustained ETF momentum, favorable regulatory developments regarding XRP's status, and growth in the total market capitalization.

Considering the strong fundamental tailwinds, such as consistent inflows into Bitcoin ETFs and the expanding stablecoin market, alongside neutral technical indicators, XRP holds potential for upside. As institutional adoption accelerates and regulatory clarity gradually improves, the market bias is cautiously optimistic, leaning towards a bullish direction. For strategic entry, consider accumulating positions during pullbacks to the $2.90-$3.00 range, particularly with improving technical momentum. Set profit targets at $3.25 and $3.50, while implementing a strict stop-loss below $2.80 to effectively manage risk. This week, monitor the $3.00-$3.15 resistance level. A decisive breakout above this zone could signal the beginning of a significant uptrend. Conversely, failure to hold $3.00 may result in a retest of lower support levels. From a risk management standpoint, it is essential to closely watch overall market sentiment and XRP-specific regulatory news, as these elements can rapidly shift the trajectory. Maintain a balanced approach, recognizing both the solid growth narrative and the necessity for technical confirmation. By adhering to these levels and strategies, investors can protect their capital while capturing potential profits.