US Treasury Buyback Plan Lifts XRP 51% in a Week

Treasury Plan Fuels 51% XRP Rally

XRP has jumped 51% over the past seven days, on pace for its largest weekly gain in 21 months, after a U.S. Treasury buyback expansion and a wave of short covering ignited the altcoin’s sharpest move since late 2024. The token climbed to roughly $1.50 by Saturday, according to market data, even though it had been below the $1 mark only a week earlier following a prolonged bear market. Derivatives data from CoinGlass shows about $2 billion in XRP short positions were liquidated this week. A short position is a bet on lower prices, and when a rally forces those trades to close, the resulting buy orders can accelerate the move. The weekly performance outran most large-cap digital assets: Bitcoin rose roughly 22% over the same stretch, Ether gained 30%, and Solana added about 28%. The Treasury’s plan to buy back at least $4 billion per operation in 10- to 30-year notes between September 9 and November 4 — double the previous $2 billion cap — was widely read as an effort to contain long-dated yields, which had climbed to levels not seen since 2007. The operation is primarily a liquidity-management tool rather than quantitative easing or yield-curve control, but the timing amplified its market impact. Traders responded by rotating into risk assets, with XRP catching up after months of relative underperformance during the early stage of the recovery. Market observers say additional confirmation is needed before the rally can be treated as a medium-term trend shift. Yet the rebound remains incomplete: even after the surge, the token is far below the all-time high of $3.65 set in July 2025, having recovered only about 20% of the decline from that peak. Analysts caution that the durability of the move depends on whether fresh spot demand emerges after the short-squeeze impulse fades and on how bond markets absorb the buyback schedule.

XRP ETFs Post Best Week Since May

Spot exchange-traded funds tied to XRP recorded their strongest weekly inflow since May, a sign institutional demand is finally matching the token’s price revival. The products had seen little net buying for most of August, and Monday opened with zero flows, continuing a streak of empty sessions. The product category had spent most of the month in a quiet phase, even as XRP traded in a wide range. SoSoValue's figures track net flows into U.S.-listed spot exchange-traded products, and the data shows the funds took in $39.78 million last week, the most since the week ending May 15. Friday was the best session, with $18.38 million in net inflows, the largest single-day result since May 14. That contrasted with the pattern in Bitcoin and Ether funds, where Friday was less notable. The week marked a sharp reversal from earlier in August, when seven of the first 11 trading days generated zero inflows. The turnaround began on August 18 with $5.81 million, the biggest daily intake for the month at that point. Wednesday’s modest $2.35 million inflow came as the Treasury announcement and a White House crypto summit hosted by President Trump shifted market sentiment; Thursday then added $13.24 million. The weekly total lifted cumulative net inflows into XRP ETFs to a record $1.55 billion, while the sustained demand suggests the investor shift extends beyond the leveraged futures market. Bitwise’s XRP fund remains the largest vehicle, with cumulative net inflows of $542.69 million; Canary Capital’s XRPC follows at $468.12 million, and Franklin’s XRPZ ranks third at $434.16 million. The product segment, long seen as a laggard in the digital-asset fund complex, now shows a demand profile consistent with the broader altcoin resurgence. Whether the inflow momentum continues may hinge on the same macro catalysts driving the spot market, particularly the trajectory of long-term Treasury yields.

$1.58 Resistance in Focus

The latest market commentary adds a new layer to the rally's drivers, focusing on how the Treasury's operation is being interpreted. Although the buyback is fundamentally a liquidity-management tool for the world's largest bond market, its timing has prompted analysts to raise the possibility of yield curve control (YCC), a policy where a central bank sets a cap on long-term yields and purchases bonds as needed to maintain it. This approach has been used previously by the U.S. and the Bank of Japan to bolster risk appetite. The emergence of this speculation marks a notable shift in sentiment, suggesting that traders are beginning to weigh the potential for more forceful monetary intervention, a factor that could extend the current risk-on environment beyond the initial short-covering impulse.

(as of 01:47 UTC) COINOTAG's proprietary 42-indicator composite S/R scoring engine rates the $1.6999 resistance at 71/100, driven by the Fibo 0.000, Donchian Upper and Swing High, with $1.6184 (57/100, Fibo 0.114) as the next objective. At press time, XRP traded at $1.5064. The strongest support is $1.4884 at 95/100, supported by HVN, POC, Fibo 0.382 and ATR Lower, with $1.3641 (71/100, LVN, VWAP, Ichimoku Tenkan and Fibo 0.500) as the secondary floor. Derivatives show perp funding at 0.0064%, open interest of $1.09B, and a long/short account ratio of 2.79 (73.6% long). With the Fear & Greed Index at 74, a sustained close above $1.6999 extends the uptrend, while a break below $1.4884 signals fading momentum; a decisive move under $1.3641 invalidates the bullish structure.