XRP Holds Near $1.14 as Whales Dump 30M Tokens, ETF Inflows Reach $1.45B

XRP News

Token burns tied to transaction fees on the XRP network climbed sharply over a short window. On-chain data shows that as of June 20, the amount of XRP burned in a single day rose from 361 to 425 — a 17.73% jump on a daily basis. The uptick in network usage stood out against broad market softness, even as the price traded flat at around $1.13 over the same stretch. Burn activity does not set price directly, but it typically tracks higher transaction volume and network engagement, and recent figures suggest institutional participation may be feeding that growth. As an altcoin, XRP’s on-chain activity remains closely watched by investors.

Two payment-focused networks, Stellar and the XRP Ledger, have diverged noticeably in recent weeks. Capital tied to real-world assets (RWA) has flowed toward Stellar while XRP stayed boxed in a tight range. The distributed asset value on Stellar reached $2.83 billion, up 21.62% over the past 30 days, while the XRPL figure slipped to $360.32 million, down 10.83% across the same period. Stellar’s 30-day RWA transfer volume surged 142.34% to $661.84 million. On price, XLM has gained roughly 49.44% since late May while XRP shed 15.78%, leaving it well below its all-time high (ATH).

Ripple has rolled out version 3.2.0 of the XRP Ledger, an update that pairs bug fixes with a memory-usage cut of up to 40%. The upgrade is expected to lift network efficiency and strengthen the ledger’s handling of low-cost, near-instant transactions. At its core sits the fixCleanup3_2_0 change, which brings improvements across Single Asset Vaults, the Lending Protocol, the permissioned DEX and Multi-Purpose Tokens. According to the latest data, 26% of nodes on the XRPL blockchain have moved to the new release, while roughly 65% still run version 3.1.3. Full activation requires sustained 80% support from dUNL validators over a two-week window.

In the United States, the CLARITY Act has reopened the supply-shock debate for XRP. Some analysts argue that greater regulatory clarity could deepen interest from banks and payment firms in blockchain-based rails — an effect they say is not yet fully reflected in current prices. The analyst Good Evening Crypto contends that clearer rules could trigger a fresh wave of institutional demand, while researcher SMQKE has argued the potential impact remains underpriced. The CLARITY Act aims to sharpen how digital assets are classified and where oversight responsibilities begin and end. Even if the previously floated July 4 timeline looks strained, the market continues to track the regulation’s longer-term implications.

A new study from the Hong Kong Institute for Monetary and Financial Research named Ripple and XRP among the standout cases for tokenization-driven finance. The paper, prepared by Lin William Cong and Zhiheng He, explores the concept of token integration — an approach in which a network’s native asset is used actively for core functions such as payment, settlement and liquidity, rather than serving merely as something to buy and sell. The researchers say sourcing on-demand liquidity through XRP lets institutions move value across multiple countries without parking large reserves in each one. The work stresses that, compared with the traditional correspondent-banking model, this structure can reduce both delays and costs.

XRP came under pressure near $1.13 amid a pullback in large-holder wallets and rising geopolitical tension. On-chain data shows that between June 13 and June 17, XRP held in whale wallets eased from about 3.82 billion to 3.77 billion — a drop of more than 30 million tokens in four days. Over the same span, Iran’s decision to suspend US-Iran talks planned for Switzerland weakened global risk appetite. The development landed on a day when US markets were closed, so its initial impact stayed limited, though expectations for futures volatility climbed. Under ongoing bear market conditions, the $1.10–$1.13 band stands out as a critical support zone.

According to COINOTAG’s 42-indicator composite support/resistance scoring engine (as of 16:22 UTC), the $1.1674 resistance ranks as the toughest barrier with a score of 80/100, drawn from a confluence of the BB Middle Band, SMA 20, R2 and Fibo 0.214. One level higher, the $1.2635 resistance reaches 73/100 on contributions from Fibo 0.382 and EMA 50. To the downside, the $1.1178 support (Previous Day Low, S3) stands out at 64/100. On the derivatives side, open interest of $673.8 million, a funding rate of 0.0011% and a long/short ratio of 3.06 (75.3% long) point to overly optimistic positioning — a picture at odds with the Fear and Greed Index reading of 23 (Extreme Fear). An RSI of 41.63 and an upturning MACD keep a recovery in play, but a close below $1.0813 would invalidate the bullish case.