XRP Holds Near $1.15 as Ledger 3.2.0 Cuts Memory 40%, CLARITY Act Stokes Supply Talk

XRP News

Long-term momentum has become the focal point for XRP watchers, with the two-month Relative Strength Index now hovering around the pivotal 50 mark that historically separates strengthening trends from fading ones. Analysts tracking the higher time frame argue the structure mirrors past cycles: a sharp momentum surge, a cooling phase, a deep reset, and then renewed expansion. A sustained hold above 50, followed by a move back into the 52.85 to 55.45 band, would confirm recovering strength, with 80 cited as the eventual upside target. A decisive slip below 50 would suggest the reset is incomplete, leaving the 43.66 region as the next long-term support to watch for this altcoin.

A widening performance gap between XRP and Stellar has drawn attention to where real-world asset capital is actually flowing. XRP has stalled in a tight band near $1.13 while XLM rallied roughly 49% since late May, a divergence rooted in tokenization momentum. Despite the XRP Ledger hosting 302 RWA projects against Stellar's 68, distributed asset value on XRPL sits at $360.32 million and fell 10.83% over 30 days, versus $2.83 billion and a 21.62% gain on Stellar. Transfer volume tells the same story, with XRPL at $44.93 million against Stellar's $661.84 million, underscoring that project count has not translated into capital depth.

On the infrastructure side, Ripple shipped version 3.2.0 of the XRP Ledger, a release centered on bug fixes and efficiency rather than new demand drivers. The upgrade reduces memory usage by up to 40%, improving node performance and reinforcing the network's ability to settle low-cost, near-instant transactions. Yet the update does little to resolve a structural question hanging over the token: financial institutions can route payments through Ripple's network using fiat or its RLUSD stablecoin without ever holding XRP itself. While RLUSD activity still generates XRP-denominated fees, critics contend that demand may not be large enough to consistently underpin the asset's bridge-currency role.

Network usage offered a more encouraging signal even as price stayed flat. On-chain data shows the amount of XRP burned through transaction fees climbed from 361 to 425 in a single day on June 20, a 17.73% daily increase. The move highlighted resilient activity across the blockchain despite broad market weakness, with the token slipping a marginal 0.02% to trade around $1.13 over the same window. Higher fee burn does not directly dictate price, but it typically correlates with rising transaction volume, and observers tie the steady network growth partly to consistent institutional participation that has persisted through choppy conditions.

Regulatory developments have reignited a supply-shock debate around XRP, with the proposed CLARITY Act in the United States framed as a potential catalyst that current prices may not fully reflect. The argument holds that clearer rules on digital-asset classification and oversight could lower the barriers keeping banks and payment firms from blockchain-based settlement, channeling fresh institutional demand toward a limited tradable supply. Commentators tracking market structure suggest pairing CLARITY with the GENIUS Act could accelerate tokenization of traditional assets on open networks. A previously floated July 4 timeline now looks strained, leaving the market focused on the legislation's longer-term implications rather than an imminent trigger.

Institutional framing of XRP received academic reinforcement from a research paper out of Hong Kong that highlighted Ripple and XRP as leading examples of tokenization-focused finance. The study, authored by Lin William Cong and Zhiheng He, examined the concept of token integration, in which a network's native asset performs active roles in payment, settlement, and liquidity rather than serving merely as a traded instrument. The authors argued that XRP's on-demand liquidity model can reduce the delays, costs, and pre-funded capital required by traditional correspondent banking, positioning the asset as practical financial infrastructure rather than a speculative holding alone.

COINOTAG's proprietary 42-indicator composite scoring engine rates the $1.1674 resistance at 80/100, the strongest level on the board, driven by the confluence of the BB Middle, SMA 20 and a Fibonacci 0.214 retracement, with $1.2635 graded 73/100 via the EMA 50 and Bollinger upper band. Immediate support at $1.1178 scores 64/100 off the prior-day low and a bullish engulfing pattern. Derivatives lean stretched-long: open interest sits near $672 million with a 3.06 long/short ratio (75.3% long) yet a barely positive 0.0017% funding rate, while the Fear & Greed Index reads 23 (Extreme Fear). With RSI at 41.63 in a downtrend but a bullish MACD, reclaiming $1.1674 opens room toward $1.26; losing $1.0813 invalidates the recovery thesis.