Headline: Retail Buyers Fuel XRP’s Rally as Wall Street Stays on the Sidelines, 10x Research Finds
A new 10x Research report highlights a widening split in crypto capital flows: institutional money is concentrating on assets like Solana (SOL) and Ethereum (ETH), while XRP’s recent momentum is being powered largely by retail adoption and expanding on‑chain utility.
Retail demand, not institutional allocation, is the principal engine behind XRP’s price action, the report says. Although the XRP Ledger (XRPL) continues to develop real-world use cases, Wall Street remains cautious — a dynamic reflected in ETF flows. Over the week cited by 10x Research, Solana posted about $20 million in net ETF inflows and Ethereum saw roughly $60 million in outflows, while XRP ETFs recorded a modest $0.6 million of positive flows. Those figures underscore that institutional investors have not yet committed heavily to XRP despite its retail-driven gains.
Blockchain analytics firm Santiment adds color to the retail story: the XRPL recently hit a milestone of 5.66 million wallets holding under 100 XRP, signaling rising grassroots participation. That growth in small-holder wallets suggests broader user adoption even as large institutional capital remains limited.
Bottom line: XRP’s uptick appears rooted in grassroots uptake and expanding utility on XRPL, while institutional capital favors other markets. Watch upcoming ETF flows and continued on‑chain adoption to see whether that dynamic shifts.
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