XRP Holds Above $1 as On-Chain Activity Jumps 72%

XRP held above the $1 level at the end of June while on-chain activity climbed and derivatives positions were reduced. Daily active addresses rose about 72% between June 14 and June 27, and futures open interest dropped to its lowest reading since July 2025.

Crypto data firm Santiment recorded the jump in daily active addresses from roughly 23,000 on June 14 to about 39,500 by June 27. New wallet creations hit 4,941 in a single day over the period. Santiment also reported market sentiment at a three-month high during the same window. Despite the increase in network metrics, XRP traded in a narrow range around $1 and repeatedly failed to clear resistance near $1.10.

XRP fell to a yearly low of $1.01 in late June, a decline of about 43% year to date. Traders monitored whether the rise in address activity would translate into higher exchange-level demand.

Open interest, the total value of outstanding futures contracts, declined from a peak near $1.3 billion to well below that level, reaching its lowest point since July 2025. Market data indicate that leveraged positions were pared back as traders closed some futures contracts built during earlier rallies.

U.S. spot XRP exchange-traded funds recorded an eighth consecutive week of inflows, lifting cumulative inflows to $144.7 million. Those inflows continued while many broader cryptocurrency funds experienced outflows during the same period.

Market participants continued to track on-chain metrics, derivatives data and ETF flows for signs of where XRP price support would form in the coming weeks.