The XRP price near $1 has become the defining near-term setup, with the token touching a 19-month low of approximately $1.01 on 25 June 2026 before recovering to trade around $1.05, according to Santiment Community Insights. Buyers are defending the level, but confirming any real recovery still requires clearing resistance at $1.12 and then $1.27.
Price data from Crypto.news placed XRP at $1.05 on 30 June, with 24-hour volume near $1.56 billion and a market capitalisation of $65.24 billion. The token was down roughly 6% over seven days, 22% over 30 days, and more than 48% over 200 days, keeping the broader downtrend intact despite the hold above $1.
XRP Price Near $1 Draws Fresh Wallet Growth
The XRP Ledger added 4,941 new wallets in a single day, its strongest network growth reading in more than three months, according to Santiment. The jump coincided with the token trading in the $1 to $1.05 range, a zone many traders are now treating as a dip-buy area.
Social sentiment recovered alongside wallet creation. Santiment reported a ratio of 3.7 bullish comments for every bearish comment, also a three-month high. (A KuCoin flash note attributed the same reading to a four-month high; Santiment’s own data page cites three months, and that figure is used here.) Santiment said XRP was ‘still hanging on to the $1.00 support zone,’ but cautioned that new wallet growth needs to translate into real demand rather than short-term FOMO before the signal carries weight.
Active addresses on the XRP Ledger rose from 23,000 on 14 June to nearly 39,500 by 27 June, a 72% increase in two weeks. Network use is clearly expanding even as price struggles, a divergence the market has not yet resolved in either direction.
Derivatives Cool as Liquidations Skew Long
CryptoQuant analyst Arab Chain reported that Binance XRP open interest stood near 375.56 million XRP, with the Open Interest Turnover Ratio at 0.71, pointing to slower speculative activity, according to CryptoQuant. Separately, Arab Chain noted that XRP funding rates on Binance hit their lowest level in over three months.
The current reading follows a larger reset. A prior CryptoQuant analysis showed Binance XRP open interest had reached approximately 486.8 million XRP, with its 30-day moving average rising to around 484.8 million XRP, before the subsequent decline. Open interest across major exchanges had previously topped 1.3 billion XRP before falling and stabilising near 400 million XRP.
The liquidation picture confirms the skew. According to BigGo Finance citing market data, long liquidations in XRP derivatives totalled $1.28 million against short liquidations of just $130,770, with funding rates remaining negative. Negative funding with lopsided long liquidations suggests the dip-buyers absorbing pressure near $1 are doing so in a structurally unfavourable derivatives environment. A calmer market reduces forced selling, but Arab Chain cautioned that a sudden rise in the turnover ratio, particularly alongside higher open interest, could signal renewed volatility.
Network Fundamentals Diverge from Token Price
Messari’s State of XRP Q1 2026 report, covered by Crypto.news, showed average daily XRP Ledger transactions rose 35.3% quarter-over-quarter to 2.48 million, even as XRP price fell 27.1% over the same period. XRP ended Q1 as the fourth-largest non-stablecoin crypto asset by market value, behind Bitcoin, Ethereum, and BNB, with its market cap falling 26.3% quarter-over-quarter to $82.21 billion.
RLUSD, Ripple’s stablecoin on the XRP Ledger, reached a market cap of $340.3 million by the end of Q1, up 44.9% quarter-over-quarter. The network’s real-world asset market cap rose 124.1% quarter-over-quarter to $2.25 billion. Token price and network activity have not moved in the same direction this year.
On fund flows, XRP products logged eight consecutive weeks of net inflows totalling $144.7 million, according to BigGo Finance citing market data, contrasting with Bitcoin and Ethereum ETF outflows during the same period. That sustained institutional bid has not yet pushed XRP into a confirmed price recovery, but it provides a floor mechanism at the $1 support zone.
The near-term setup is binary. Ripple is also backing a proposal to bring institutional lending to the XRP Ledger, according to KuCoin, a potential catalyst for professional capital inflows if it progresses. Until then, XRP price near $1 is the line: a clean daily close above $1.12 opens the argument for momentum recovery; a break below $1 with volume removes it entirely.
