XRP holds above $1 after leverage flush as network activity improves
Open interest has collapsed from last year’s highs while active addresses and ETF inflows rise, but XRP still needs to reclaim $1.10 before the chart turns cleaner.
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Summary
- XRP is holding near the $1 level as leverage-heavy selling has been flushed out, with open interest collapsing from about $1.3 billion to under $150 million.
- Network and institutional signals have improved, with daily active addresses up roughly 72 percent since mid-June and XRP spot ETFs drawing $15.34 million in inflows on June 29 despite weak broader crypto sentiment.
- Traders are focused on whether $1 support and the $1.0250-$1.0350 zone can continue to hold while XRP attempts to break above resistance at $1.0460 and, more decisively, the $1.08-$1.10 area.
