XRP has shown no clear direction for months, but ETF inflows, whale wallet accumulation and Ripple’s institutional expansion are setting records, a report said. Digital Ascension Group Chairman Jake Claver said adoption- and institution-linked metrics were strengthening regardless of price. XRP spot ETFs logged their strongest weekly inflows of the year in mid-May, while large holders increased balances. Ripple also expanded institutional infrastructure through acquisitions and partnerships.

U.S. securities clearing and depository institution DTCC disclosed plans to expand tokenised assets through the Stellar network, prompting concerns among XRP investors about potential exclusion. Industry founder Jay Nisbett said the move does not pick a single winning blockchain and instead points to a multi-chain interoperability strategy. He said DTCC still controls final clearing and settlement, with public blockchains as an added layer, and argued this does not imply XRP or Ripple is being sidelined.