Price action: XRP briefly touched ~$1.60 after recent regulatory news, then pulled back sharply to around $1.35–$1.40 amid profit-taking and broader market moves.

Spot XRP ETFs: Inflows into U.S. spot XRP ETFs reached a new milestone of $1.44 billion, helping drive a short-term price pop (e.g., +2.8% on one day). March 27 was the key SEC decision deadline for applications from Grayscale, WisdomTree, and Franklin Templeton.

Regulatory clarity boost: Follow-up momentum from the March 17 SEC/CFTC joint classification of XRP as a digital commodity, removing remaining overhang and fueling bullish sentiment (though price has since consolidated).

Japan development: Japan's Financial Services Agency reportedly reclassified XRP as a regulated financial product under the Financial Instruments and Exchange Act, potentially opening doors for more institutional adoption.

Other notes: Some analysts eyed possible support tests near $1.20–$1.38 based on historical patterns; a major XRP treasury firm was linked to a ~$1B SPAC merger filing earlier in the period.