XRP faces ETF outflows, lower on‑chain activity and higher Binance withdrawals

The XRP token is trading around $1.10 as market indicators show weakening demand. U.S. spot XRP ETFs recorded net outflows of about $7.3 million in the week of July 8, with cumulative net inflows still at $1.48 billion but total net assets near $989 million. A Korean‑language report noted a weekly net outflow of roughly $720 k, ending a nine‑week streak of inflows.

Futures open interest has contracted sharply, falling from nearly $30 billion in June to about $23 billion by mid‑July, a reduction of $7 billion. On‑chain activity on the XRP Ledger is at historic lows: only 25,350 active wallets and 2,130 new wallets were recorded, the smallest figures since November 2024. Despite the slowdown, institutional token‑ization on XRPL has grown to an estimated $4 billion, with over 500 real‑world‑asset products now operating.

Binance data shows a shift in holder behavior, with withdrawals representing 53.3 % of seven‑day activity versus 46.6 % deposits—the widest gap in months, suggesting users are moving XRP off the exchange rather than preparing to sell. Regulatory developments, such as Ripple’s MiCA licensing in Europe and pending U.S. legislation, are cited as possible factors influencing these trends.