Key facts
- XRP is building a higher price base above $1, holding support around $1.08.
- Daily new wallet creations on the XRP Ledger reached a three-month high of 4,941 addresses.
- Bullish social sentiment for XRP hit a three-month high.
- XRP spot ETFs recorded $62 million in net inflows for June, with cumulative net flows reaching $1.48 billion.
- XRP failed to clear resistance at $1.1087, indicating sellers are still defending this level.
XRP is establishing a higher price base above $1, holding support around $1.08 following a recent sell-off. The token saw increased activity during the U.S. session, with buyers stepping in at progressively higher levels and volume expanding on the advance. Daily new wallet creations on the XRP Ledger surged to 4,941, the strongest growth in 14 weeks, coinciding with bullish social sentiment reaching a three-month high. XRP spot ETFs experienced substantial inflows, with $62 million in June and cumulative net flows reaching $1.48 billion, indicating sustained institutional interest. Despite these positive signs, XRP has yet to decisively break through resistance near $1.1087, suggesting a consolidation phase remains until a sustained move above the $1.10-$1.12 zone is confirmed.