XRP price steadies as Ledger fix meets weak ETF demand
Published on 11/12/2026 at 18:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey XRP Market Signals
- XRP traded at 1.0716 USD on November 12 at 18:09 Berlin time, according to Investing.com.
- A recent XRP Ledger fix addressed a permission flaw that could have allowed certain delegates to mint stablecoin tokens instead of burning them.
- Spot XRP ETFs recorded zero net flows from November 3 through November 6, according to Yahoo Finance.
The XRP price was listed at 1.0716 USD on November 12 at 18:09 Berlin time on Investing.com. The page showed a 24-hour volume of 2.00 billion USD, a market capitalization of 67.87 billion USD and a market ranking of six. XRP remained below its 52-week range high of 2.5247 USD, while the quoted 52-week low was 0.9886 USD.
Security Fix Limits Token Risk
The XRP Ledger recently addressed a flaw in its PaymentBurn permission system. As Yahoo Finance reported on November 3, a delegate that had been authorized only to burn an issuer's tokens could, under certain conditions, have created additional stablecoin units instead. The exposure was limited to issuers that granted the PaymentBurn permission after the feature launched despite warnings, and the report said developers had not confirmed whether the flaw had been exploited.
The fix concerned issued assets such as stablecoins rather than the creation of new XRP. Ordinary XRP balances were therefore not the direct subject of this vulnerability. The report said the software update was scheduled for November 4 at 14:46 UTC, after validator support recovered to 31 of 35 trusted validators. For investors, the change is primarily a network-confidence measure; it does not automatically create demand for XRP.
ETF Demand Remains a Market Test
Price pressure has coincided with weaker institutional demand. In a November 9 report, Yahoo Finance said spot XRP ETFs recorded zero net flows on November 3, 4, 5 and 6. The same report said XRP had fallen to 1.07 USD, its lowest level since August, and identified 1.00 USD as a key support level after earlier tests in June and August.
The current setup leaves two separate questions for market participants. The Ledger fix may reduce a specific operational risk for stablecoin issuers, while ETF flows indicate whether fresh institutional buying is returning. Neither development, on the evidence available here, establishes a durable reversal in the XRP price. Investors should therefore distinguish network improvements from confirmed token demand and monitor support levels without treating them as forecasts.
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