XRP News - July 1, 2026

📈 XRP (XRP)
Current Price: ~$1.04 - $1.05

Top News

XRP closed out June with a notable decline, losing roughly 20% over the month to briefly touch a 19-month low near $1.01 before slightly rebounding to the $1.04 to $1.05 range. Despite the bearish price action that has pushed the asset to critical support levels, on-chain metrics are flashing strong signs of underlying demand. On June 30, the XRP Ledger recorded the creation of 4,941 new wallets in a single day, marking the highest level of network growth in over three months. This surge in user activity suggests that retail participants are viewing the current price zone as a prime area for accumulation.

This retail interest is being matched by significant whale and institutional activity. On-chain data reveals that large holders accumulated approximately 210 million XRP throughout June, actively absorbing the excess supply. Furthermore, U.S. spot XRP ETFs continued their resilient performance, pulling in over $15 million in net inflows on Monday to extend a bullish streak to eight consecutive weeks. This consistent institutional backing highlights a stark divergence between the struggling spot price and the long-term conviction of major market participants.

On the development front, Ripple's Chief Technology Officer recently proposed a new feature called TxnReserve for the XRP Ledger's decentralized exchange. The proposal aims to allocate up to 32 reserved transaction slots per ledger, requiring higher fees for these specific slots to effectively deter front-running and sandwich attacks. This technical enhancement is designed to improve the fairness and security of trading on the XRPL, further strengthening the network's foundational infrastructure as the broader market attempts to establish a definitive bottom.