XRP Holds $1 Support as ETF Inflows Rise and Wallet Activity Surges

XRP has remained above the psychologically important $1.00 level after breaking the $1.06 technical support in late June. Analysts note that a daily close below $1.06 could trigger further declines toward $0.80, $0.62 and $0.51, while holding above may allow a bounce toward $1.27‑$1.35.

On‑chain data show a sharp increase in network participation: daily active addresses rose 50‑70 % in two weeks, reaching roughly 40,000, and a single‑day spike added 4,941 new wallets – the strongest growth in over three months. Open interest on XRP derivatives collapsed from a $1.3 bn peak to under $150 m, removing crowded leverage.

ETF inflows have been positive for eight consecutive weeks, with spot‑XRP funds receiving about $23 m in net inflows (including a $15.34 m weekly streak). In contrast, Bitcoin ETFs recorded large outflows. The stablecoin RLUSD, backed by Ripple, expanded on the XRP Ledger, handling over $2.5 bn in trading volume and accounting for roughly 12 % of on‑chain trades.

Overall, the combination of technical pressure, growing wallet activity, and sustained ETF demand suggests a short‑term test of $1 support, with the potential for either a modest rebound or further downside if key support breaks.