Wealth Managers Show Growing Interest

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Ahmed Barakat

Author

Ahmed Barakat

Part of the Team Since

Mar 2024

About Author

Ahmed Barakat is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation.

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XRP price jumped +4% today, currently trading at $1.38, after touching a low of $1.3409. An interesting move, but the number underneath it is more interesting than the candle itself. Bitwise research analyst Ryan Rasmussen told an audience of roughly 400 wealth managers this week that XRP generated more questions than any other cryptocurrency during a presentation covering Bitcoin, Solana, Hyperliquid, stablecoins and tokenization.

He called the interest level “a lot” in a post-event thread.

A companion audience poll found 67% of attendees currently hold no crypto allocation at all, yet 60% expect prices to be higher by the end of 2026 and plan to allocate within the next year. There is a wide gap between sentiment and action.

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ETF inflow data has already been building the case that XRP is shifting from retail speculation toward regulated portfolio exposure, and this poll adds anecdotal weight to that thesis.

XRP ETF flow data – Coinglass

Discover: The Best Token Presales

Can XRP Price Hit $2 This Week?

XRP’s chart has been compressing into a descending triangle since the August spike to roughly $1.70, and the $1.35–$1.38 zone is doing the heavy lifting right now as primary demand. Volume near this band has historically been elevated, which technicians read as the market’s real decision point rather than noise. The 200-day EMA sits close by, reinforcing $1.33–$1.35 as structural support.

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A reclaim of $1.55–$1.60 opens the door to the $1.68–$1.72 swing-high liquidity zone, with $1.86 and the $2.00 psychological level as stretch targets if wealth-manager allocations actually convert to inflows, as recent institutional accumulation data suggests is underway.

Continued consolidation between $1.35 and $1.55 while the market waits for confirmation that the 60% allocation intentions turn into actual purchases.

A break below $1.33 invalidates the triangle and opens a retest of $1.23–$1.25, with $1.15–$1.20 as a deeper floor.

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Bitcoin Hyper Sees XRP-Level Hype But With Bigger Upside Potential?

XRP’s setup validates the institutional-adoption thesis, but a token already carrying a market cap north of $80 billion isn’t built for explosive returns: a move from $1.38 to $2.00 is roughly 45%, respectable, not life-changing. Traders chasing outsized upside are increasingly looking earlier in the risk curve, toward infrastructure plays still in presale.

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Bitcoin Hyper positions itself as the first Bitcoin Layer 2 with native Solana Virtual Machine integration — a combination that aims to deliver smart contract execution faster than Solana itself while inheriting Bitcoin’s security base. The project has raised $33 millions to date, with tokens priced at $0.0136856 and a staking program offering 35% APY for presale buyers. HYPER is offering an innovative approach to the L” technology.

Its Decentralized Canonical Bridge targets the low-latency BTC transfer problem that has kept Bitcoin largely non-programmable.

Research Bitcoin Hyper directly before the presale window closes.

Discover: The Best Crypto to Diversify Your Portfolio


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