Prediction markets are watching XRP closely. Kalshi traders are now forecasting a high of $1.60 for XRP this month – and the signals behind that bet are stacking up fast.
Ripple CEO Brad Garlinghouse said it today: “Demand for XRP keeps growing. More access, more ecosystems, more utility.”
He was responding to RippleX announcing that wXRP is now live on Solana, enabled by Hex Trust and LayerZero. XRP liquidity is no longer contained to the XRP Ledger. It is moving cross-chain, and that is a new demand driver that did not exist a month ago.
$1.11 Billion in XRP ETF Assets – and Institutions Are Still Buying
Five spot XRP ETFs attracted $55.4 million in net inflows over the past five trading days, recording positive flows every single day. The largest single-day inflow arrived on April 15 at $17 million. Those five products now hold a combined $1.11 billion in assets – 1.22% of XRP’s entire market cap.
The week ending April 11 saw $119.6 million in weekly inflows, the strongest figure since December, according to CoinShares. Institutional demand is not fading. It is accelerating despite six consecutive months of price decline.
Also Read: Ripple News: The Critical Vote That Could Turn XRPL Into a Credit Market
XRP Short Squeeze Setup Traders Are Watching Right Now
For the first time since January 17, the SuperTrend indicator has flipped bullish on XRP’s daily chart. The key level to watch is $1.55. A clean break and daily close above it would likely trigger a relief rally toward the $1.90 zone, according to technical analyst Ali Charts.
What makes the setup asymmetric is the positioning.
Funding rates are deeply negative – shorts are doubling down. Coinbase premium is positive – US buyers are stepping in.
And according to Tesseract Group’s Head of Commercial Adam Saville-Brown, approximately $3 billion in short liquidation clusters sit directly above the $1.51-$1.57 resistance zone.
With XRP already at $1.47, that ceiling is now less than 3% away.
The CLARITY Act Vote That Could Send XRP Soaring
The CLARITY Act Senate Banking Committee markup is targeted for late April. Standard Chartered explicitly models XRP trading above $1.60 if the committee delivers. JPMorgan says negotiations are down to two or three unresolved issues. If the vote happens, $1.60 is not a stretch – it may be a floor.
If it does not, analysts see XRP returning toward support at $1.28, and potentially $1.15 if that level breaks.
XRP has cleared every structural hurdle its community waited years for. The price has not caught up yet. That gap, and the timeline closing around it, is exactly what Kalshi traders are pricing in.
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