Overview
- XRP trades near $1.38 within a $1.34–$1.44 band, with technicians focused on $1.42 as the level that could unlock a larger move.
- Network usage has accelerated, with XRP Ledger transactions around 2.7 million a day and roughly $461 million in tokenized assets.
- Stablecoin balances on XRPL rose about 2.5% over seven days to approximately $426 million, signaling improving on-chain liquidity.
- Institutional footprints remain notable, with Goldman Sachs holding about $153 million in spot XRP ETFs and roughly 83 institutions owning nearly $971 million combined.
- Flows and participation are mixed, as XRP investment products logged recent outflows and exchange deposit/withdraw counts fell to historic lows while Bitcoin’s rebound near $70,000 steadied broader sentiment.