Overview
- A late-session volume surge pushed XRP above $1.10 on Friday, July 10, and the token held near the session highs after the spike.
- US spot XRP exchange-traded funds recorded a weekly net outflow in the period ending July 10 that ended a nine-week inflow streak and reversed recent steady ETF buying.
- Global futures open interest has fallen from roughly $3 billion in June to about $2.3 billion by mid-July, a decline that reflects traders trimming leveraged exposure.
- On-chain metrics on the XRP Ledger showed some of the weakest activity of 2026 with daily active addresses and new wallet creation near multi-month lows while institutional tokenization on XRPL is reported to total about $4 billion.
- Traders are watching whether the $1.10 area holds with $1.0880 and $1.06–$1.00 as lower supports and $1.1065–$1.13 as the first resistance band, and market participants are also watching upcoming regulatory moves including a possible Senate procedural vote that could affect institutional demand.