XRP Holds Near $1.09 as Buyers Defend Key Support

XRP News

XRP, the fourth-largest cryptocurrency by market value, is grinding lower against both the dollar and Bitcoin as sellers keep control of the broader trend. The altcoin continues to trade inside a well-defined descending channel on the daily chart, sitting below its 100-day and 200-day moving averages, which now slope lower and cap rallies above $1.25. Buyers have repeatedly defended the pivotal $1 region since the token lost $1.25 in early June, turning that zone into the line that must hold. A clean break above $1.25 would open a path toward the 200-day average near $1.45, while a daily close under $1 risks a slide toward $0.80 and a deeper leg of this bear market structure.

A structural demand driver has quietly taken shape on the XRP Ledger, where the number of commercial transactions executed entirely by autonomous software has crossed 1 million. On-chain data shows these settlements ran through the x402 protocol, a machine-payments standard that lets one AI agent pay another directly, with no human in the loop. The milestone reframes the debate over real-world usage for XRP and the Ripple USD (RLUSD) stablecoin, moving it beyond speculative trading. Much of this activity resembles the behavior of an autonomous ai trading bot settling micro-payments continuously, and it points to a genuine machine economy forming on the network rather than isolated test traffic.

Tokenized real-world assets on the XRP Ledger have swelled to roughly $4 billion, according to on-chain metrics — about four times the size of the entire XRP spot-ETF market. More than 500 RWA products are now live on the network, spanning tokenized treasuries and credit instruments, up from around $3.56 billion in May. That means the ledger added over $400 million in tokenized value in roughly two months. The growth positions XRP as infrastructure for institutional finance rather than a pure payments token, and it underscores how tokenization — the process of representing off-chain assets as on-chain tokens — is becoming a core use case for the network.

Institutional and retail demand for XRP is climbing in parallel. Fund-flow data show net inflows into U.S. spot XRP ETFs have now run for eight consecutive weeks, with roughly $23 million added in the final week of June and cumulative inflows near $1.47 billion. Bitwise's XRP fund leads with about $501 million in cumulative inflows, while total assets across all spot XRP ETFs have reached close to $988 million. Retail participation is expanding too: new XRP wallet creations jumped about 40% week over week in late June to roughly 26,000, the highest since March. Each new ai crypto wallet and standard address reflects broadening on-chain adoption.

The AI surge is concentrated among a handful of heavy users. The launch of the XRPL AI Hub, a directory built by infrastructure firm t54 and the XRP Ledger Foundation, put hard numbers on the trend: 121 active merchants are recorded, but more than 77% of the million-transaction volume flows through just three players. Heurist Mesh, a decentralized GPU network where agents rent compute from one another, logged 404,091 transactions; LucyOS, an operating system for autonomous bots, recorded 367,733; and the AskSurf data service accounted for 23,076. The remaining traffic spreads across dozens of wallets averaging about 2,400 operations each, a signature of pipelined agent deployment.

The network's institutional credentials were reinforced by a live cross-border settlement demonstration. On the XRP Ledger, Ondo Finance, JPMorgan, Mastercard and Ripple completed a full redemption cycle for the tokenized U.S. Treasury fund OUSG, running the process from redemption through a dollar transfer via JPMorgan's Kinexys network in roughly five seconds. The test shows how tokenized assets and regulated payment rails can interoperate on a single public ledger, a capability that could compress settlement from days to seconds. Combined with the ledger's native automated market maker and low-fee design, the demo strengthens the case for XRPL as a venue for regulated tokenized finance.

(as of 13:09 UTC) COINOTAG's proprietary 42-indicator composite S/R scoring engine rates the $1.2155 resistance at 77/100 — the strongest overhead level — built on the confluence of the volume Point of Control, the 0.382 Fibonacci retracement and the upper Keltner band, while the nearer $1.1514 ceiling scores 67/100 from the Ichimoku Kijun and previous-day high. On the downside, our engine grades the $1.0708 support at 71/100 (MACD cross, S1). Derivatives lean crowded-long: the long/short account ratio sits at 3.30 (76.8% long) with open interest near $641 million and a barely positive 0.0020% funding rate, while the Fear & Greed Index reads 20 (Extreme Fear). With RSI at 43 and the trend still down, a daily close above $1.2155 would flip the bias bullish; losing the $1.0211 support (score 72) invalidates the base.