XRP It was the best-performing cryptocurrency in the top 10 by market cap on April 16, 2026, supported by rising institutional demand.
The price of this token rose more than 4% on Thursday, reaching a 24-hour high of $1.43. As of press time, XRP The price rose by 1.95% on the day, thus trading at around $1.40.
Over the past 24 hours, the token’s market cap has increased by $3.4 billion, reaching $87.2 billion at the time of writing. As a result, XRP price outperformed other top ten crypto assets, with Dogecoin (Doug) is approaching a 3.71 % rise, according to Data from CoinMarketCap.
XRP price outperformed the rest of the top crypto assets as its strong fundamentals drove gains. Furthermore, institutions globally have increased their demand for XRP Ledger services amid renewed regulatory controversy over The law of clarity In the United States.
XRP price gains on institutional trust
The price of XRP rebounded today, largely supported by a new wave of capital from institutional investors. As Finebold I mentioned Earlier, XRP exchange-traded funds (ETFs) recorded a net cash flow of $17.11 million on April 15, their largest single-day inflow in more than two months.
As a result, US-based XRP ETFs have added nearly $30 million in net cash flows over the past three days, bringing their total assets to more than $1 billion.
Meanwhile, organic demand for the token has increased in various jurisdictions as more institutions rely on the XRP Ledger (XRPL). For example, XRPL adoption gained momentum after SBI Ripple Asia Fired Structured coding platform. Among other notable developments, network addresses rose to an all-time high (ATH) of over 8.1 million, as revealed by Feinbold Highlight.
Institutional inflow may continue to drive the token’s price movement in the near term. Sustained ETF inflows above the daily limit of $15 million could strengthen the bullish momentum towards the $1.50 resistance level. Conversely, a reversal in net flows could increase the risk of a pullback towards the support area between $1.30 and $1.35.
