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Event File CRYPTO XRP

XRP Holds $1 Support as Active Addresses Surge and Leverage Clears Out

2 reports · First detected 2026-06-30 · Last active 2026-07-01

XRP is the native token of the XRP Ledger, and $1 serves as both a round-number threshold and a key psychological support level. Holding above that area can help indicate whether selling pressure is easing. Active on-chain addresses and derivatives positions can also show whether a rebound is being driven by increased real-world usage or merely by short-term, highly leveraged capital.

The latest data showed XRP recently holding above $1, while daily active addresses rose 72% over the past two weeks, indicating stronger activity on the XRP Ledger. Contract open interest fell to a recent low over the same period as leveraged long positions were flushed out. As of publication, the market had entered a consolidation phase with cleaner positioning, but there was no clear breakout signal.

All Coverage

2 original reports

The Backstory

The history behind this event
XRP Whale Activity Rises as New Wallet Creation Hits Three-Month High2026-07-02 · 1 reports · similarity 0.81

XRP, the native asset of the XRP Ledger, has recently returned to near the $1.00 support level. Rising activity among whales and new wallets is often viewed as a sign of accumulation, but retail traders remain cautious. Whether this activity broadens into wider buying will be an important gauge of any market recovery.

The number of new XRP wallets created in a single day reached a nearly three-month high, while whale activity also increased, according to the latest data. XRP ETFs recorded $62 million in net inflows in June, while the token’s price edged higher. The market is now focused on resistance at $1.10; a decisive break above that level followed by sustained trading there would provide further confirmation of a rebound.

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