XRP trades at $1.4246, down 6.5% on the week
- —XRP at $1.4246, down 6.5% weekly versus a 0.9% drop for the wider market
- —Weekly XRP ETF inflows fell to $4.74 million from $75.6 million
- —Evernorth completed its SPAC merger; XRPN and XRPNW start trading on Nasdaq on October 12
- —XRPL activated PermissionDelegationV1_1, allowing limited account permissions without sharing keys
Why it matters: Weak price action alongside fading ETF inflows suggests institutional demand has yet to reverse XRP's downtrend.
Source: TokenPost