XRP is stabilizing above the key support level of $1.10, but continues to underperform the broader cryptocurrency market despite modest gains. Institutional inflows into XRP-linked products reached $6.75 million, bringing cumulative ETF inflows to roughly $1.44 billion. Futures activity surged to approximately $5 billion during the session, though open interest remains near cycle lows, indicating traders are actively repositioning rather than building long-term conviction. The XRP Ledger's version 3.2.0 upgrade, scheduled for June 15, is expected to reduce server memory requirements by around 40% and rebrand the core software from 'rippled' to 'xrpld.' Technically, XRP remains below its 50-day, 100-day, and 200-day moving averages, signaling that the broader downtrend is intact despite signs of stabilization. Key support is at $1.10, while $1.12-$1.13 is the first resistance zone. A move above $1.26 would begin to repair the chart, while losing $1.05-$1.10 could lead to a retest of $1.00.

Key facts

• XRP holds above $1.10 support, but lags broader market recovery.
• XRP-linked ETFs attract $6.75 million inflows; cumulative hits $1.44 billion.
• Futures volume surges to $5 billion; open interest near cycle lows.
• XRP Ledger v3.2.0 upgrade on June 15 reduces server memory by 40%.
• XRP remains below 50-, 100-, and 200-day moving averages.

KeyAudit data perspective