ETF Money Keeps Flowing Into XRP, Though Investors Remain on Edge

XRP held above the critical $1.10 support level after recovering from recent lows, supported by a late-session spike in trading volume. However, the token continued to underperform the wider crypto market, underscoring cautious sentiment despite rising institutional inflows and increased derivatives activity.

The defense of $1.10 follows last week’s sharp decline, but the rebound has yet to signal a clear trend reversal. Although XRP-linked investment products continue to attract capital and futures markets have become more active, the token remains near multi-month lows while major cryptocurrencies such as bitcoin show stronger momentum.

Institutional interest remains a key stabilizing factor. XRP investment products recorded an additional $6.75 million in inflows, bringing cumulative ETF-related inflows to roughly $1.44 billion. The steady inflow trend suggests longer-term demand is still intact despite short-term price weakness.

On the development side, the XRP Ledger is set to roll out Version 3.2.0 on June 15. The upgrade is expected to improve efficiency by cutting server memory usage by around 40% and will also complete the transition of the core software branding from “rippled” to “xrpld.”

Derivatives activity picked up notably during the session, with futures volume rising to nearly $5 billion. However, open interest remained near cycle lows, indicating that traders are primarily repositioning rather than building strong new directional exposure.

XRP gained about 1% over the past 24 hours, trading at $1.1141 after rebounding from lows near $1.11. The strongest momentum came late in the session when elevated volume pushed prices above resistance at $1.1114 and briefly lifted the token above $1.12.

Even so, the broader technical structure remains weak. Earlier rallies stalled near $1.1352, reinforcing it as near-term resistance. XRP also continues to trade below its 50-day, 100-day, and 200-day moving averages, keeping the broader trend tilted to the downside.

While rising volume signals renewed engagement, the lack of growth in open interest suggests limited conviction among traders, with many still prioritizing risk management over aggressive positioning.

For now, $1.10 remains the key level to watch. A sustained hold above it would support short-term stabilization, while a break lower could expose the $1.05–$1.00 region.

On the upside, resistance is seen between $1.12 and $1.13, followed by $1.1352. A breakout above $1.26 would mark a more meaningful shift in structure and could open the path toward $1.30–$1.40.:::