XRP surged past the $1.18 resistance level, climbing to $1.22 and triggering a 94% jump in daily trading volume to $1.73 billion.
Price Momentum
The breakout lifted XRP’s price into the $1.22 zone, a region that previously capped recovery attempts after the early‑June dip from $1.36. Traders interpreted the volume spike as a sign that buying pressure is strengthening, yet analysts caution that sustained purchases above $1.18 are required to confirm a lasting trend reversal. Investors will watch the next price action to gauge whether the upside momentum can extend across the broader crypto market.
ETF Driven Demand
Institutional interest has intensified as U.S. spot ETFs have accumulated roughly $1.44 billion in inflows since late 2025, including an additional 8.80 million XRP—valued at about $10.68 million—in the latest week. These holdings now approach 924 million XRP, gradually tightening liquid supply and bolstering the coin’s resilience amid cautious market conditions. Continued ETF inflows could evolve from a short‑term catalyst into a steady source of demand for XRP investors.
Exchange Flow Highlights
Upbit emerged as the dominant platform handling XRP transactions during the recent price surge, reflecting heightened activity on the exchange. The concentrated flow through Upbit underscores the role of specific crypto venues in shaping market dynamics for XRP. As blockchain participants monitor these patterns, further price movements may depend on how exchange liquidity aligns with investor sentiment.