Altcoins News
By Sakamoto Nashi
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XRP Trades in Tight Range Near Key Support. XRP was sitting at $1.34 as of early September, which puts it just under a support band analysts…
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LiquidChain Raises $960K in Presale. Separately, a Layer 3 infrastructure project called LiquidChain is running a presale priced at $0.
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XRP spot ETFs just crossed $1.6 billion in cumulative net inflows. That's not a rumor — that's where the money actually went, and it's still moving.
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The streak ran nine straight days of positive flows heading into early September, with $26.2 million landing on August 28 alone. What's striking isn't just the size.
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And that matters a lot for how you read XRP's price right now.
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XRP was sitting at $1.34 as of early September, which puts it just under a support band analysts have been watching closely — roughly $1.35 to $1.38.
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Analysts think a clean break above $1.55 could open the door to $1.68 first, then $1.86. If institutional interest keeps coming in at this pace, XRP probably stabilizes above $1.
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There's also a supply angle here that can't be ignored. On September 1, Ripple released 1 billion XRP from escrow. That's a lot of tokens hitting the market at once.
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Not every market has that kind of structural support when supply jumps.
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More context: Bitwise XRP ETF Surges Past $507 Million Amid Price Consolidation and Institutional Interest
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Separately, a Layer 3 infrastructure project called LiquidChain is running a presale priced at $0.014951 per token and has raised $960,000 so far.
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It's a different kind of bet than buying XRP ETFs. LiquidChain is early-stage, presale-priced, and targeting builders rather than traders.
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The XRP ETF story and LiquidChain are pretty much unrelated beyond both touching the broader XRP ecosystem. One is institutional money flowing into regulated products.
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Back to the bigger picture: the Goldman Sachs position is probably the most telling data point in all of this. At $87.4 million, that's not a test allocation.
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More context: Bitwises XRP ETF Surges to $500M as Franklin Templetons XRPZ Gains $28.7M in a Week
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