XRP Adds 19,000 New Accounts Weekly Despite Market Downturn; ETF Inflows Continue

According to Evernorth, XRP added around 19,000 new accounts every week despite the broader market downturn, while the Altcoin Season Index remained at just 46, indicating early-stage rotation dynamics. XRP-focused investment products continued attracting capital inflows, contrasting with net outflows across most other crypto ETFs and digital asset funds, suggesting selective institutional backing.

According to CoinCodex, XRP is trading at the $1.05 support level. Market analyst Cryptollica noted that XRP has reached its deepest oversold level in 13 years based on long-term Relative Strength Index (RSI), with previous similar RSI exhaustion periods preceding some of XRP's strongest rallies.