Crypto Chronicles: XRP Volume Skyrockets 212%-Institutional Investors Go Wild!

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In a turn of events that can only be described as “betting on a chariot race while standing on the horse,” Singapore’s very own Bitrue (not to be confused with a particularly noisy bird) has reported an absolutely staggering uptick in XRP activity. Yes, it appears that as the institutional appetite for this shiny digital coin grows, so too does the enthusiasm of retail investors who, let’s face it, probably just got their tax refunds.

Bitrue, in what could be considered both a humble brag and a tweet, declared that XRP spot purchase volumes have surged by 212%. That’s right-outpacing the sell side by more than two to one! It’s almost like a stampede of people rushing to grab the last slice of pizza at a party where the host forgot to order enough pizza.

During the brief interlude between Feb. 23 and 24-a time when most were likely pondering the existential crisis of choosing what to binge-watch next-Bitrue noted this sharp surge. Retail purchases went through the roof, leaving sell orders gasping for breath as they were trampled in the mad rush.

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The excitement didn’t happen in isolation, oh no! Bitrue suggests that this spike coincided with institutional investors accumulating XRP since the launch of those fancy new XRP ETFs. You know, the ones that sound like they should come with a complimentary toaster.

#Bitrue has recorded a spike in #XRP activity as institutional appetite grows.

We recorded a 212% increase in XRP spot purchase volumes, outpacing the sell side by over 2x, the surge coinciding with an accumulation of XRP that’s been ongoing from institutional investors since…

– Bitrue (@BitrueOfficial) February 26, 2026

Since their mid-November debut, XRP exchange-traded funds have managed to pull in a rather impressive $1.1 billion in assets. If only my savings account could boast such figures! These ETFs have seen positive weekly inflows like a magnet at a metal convention, with only five days of minor outflows. Talk about consistency!

With support swelling like a balloon at a kid’s birthday party, Bitrue is predicting a potential supply squeeze that might see XRP leapfrogging its competitors straight into the Q2 spotlight of 2026. Just don’t forget to hold onto your hats, folks, because things are about to get wilder than a squirrel on espresso!

XRP price jumps

In a delightful twist, altcoins have led the strongest bounce in weeks, like a pogo stick on an energy drink, as Bitcoin decided to flirt with the $70,000 mark. XRP, in its determined manner, jumped to $1.49 before taking a slight step back-because who doesn’t enjoy a little dramatic flair?

As we pen this down, XRP is enjoying a 5.13% uptick in the last 24 hours, resting comfortably at $1.43. Remarkably, it’s also managed to erase some of those pesky weekly losses, up 0.51% over the past week. It’s like watching a phoenix rise from the ashes, if the phoenix was made of blockchain technology.

With the chaos of the February crash finally settling down, traders are observing a tranquil accumulation phase that feels a bit like the calm before the storm-complete with ominous thunder in the distance.

According to the 30-day MVRVs of crypto’s large caps-which sounds terribly scientific, doesn’t it?-things have shifted dramatically post-recovery, reflecting in average trading returns across networks. The XRP 30-day MVRV has returned to neutral, sitting pretty at 0.1%. Traders are now on high alert, keenly watching whether the $1.40-$1.42 range can hold, and if it does, a leap to $1.50 and then $1.57 could be on the horizon. It’s almost like a treasure map, only the ‘X’ marks the spot of potential profits!

However, should the market decide to play the villain and push XRP below $1.37, we might be looking at a classic case of ‘what goes up must come down,’ turning those jubilant price jumps into mere hiccups in the grand scheme of crypto theatrics.

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2026-02-26 15:18