Franklin

XRP ETF

Grow

<h2 id="on-chain-activity-picks-up-sharply">On-Chain Activity Picks Up Sharply</h2>
<p>Activity on the XRP Ledger has climbed at a notable pace over the past two weeks. <a href="https://x.com/search?q=%24XRP&amp;src=cashtag_click" rel="noopener noreferrer nofollow">$XRP</a> daily active addresses rose from around 23,000 on June 14 to nearly 39,500 by June 27, a gain of roughly 72% in a fortnight, according to CoinDesk. The network also added 4,941 new wallets in a single day during that stretch, its strongest wallet growth in over three months, per Santiment data cited by crypto(.)news.</p>
<p>The uptick in addresses stands out because it is running against the grain of the price action. XRP has traded near the psychologically important $1.00 support level after losing ground through most of June. Despite that, users and wallets continued to accumulate on-chain, suggesting the underlying ledger is drawing fresh participation independent of short-term price moves.</p>
<h2 id="etf-inflows-diverge-from-bitcoin-trend">ETF Inflows Diverge From Bitcoin Trend</h2>
<p>On the institutional side, XRP spot ETFs extended their run of positive flows. CoinDesk reported that XRP spot ETFs recorded an eighth consecutive week of inflows, bringing cumulative net inflows to $144.7 million over that eight-week period. The most recent week, ending June 26, added $22.99 million, with Bitwise leading at $11.18 million and Franklin Templeton contributing $3.80 million on June 26 alone.</p>
<p>The contrast with Bitcoin is notable. Bitcoin ETFs recorded $444.50 million in net outflows in a single session that same week, while XRP ETFs posted zero outflow days, per CoinGlass data cited by BeInCrypto. That divergence points to investors treating XRP's regulatory positioning as a distinct story from the broader crypto market selloff.</p>
<p>The derivatives market tells a separate, but related, story. Open interest across major exchanges fell sharply, dropping from a peak of around $1.3 billion to below $150 million, its lowest level since July 2025. The decline reflects a broad clearing of leveraged long positions built during XRP's earlier rally. While the deleveraging contributed to downward price pressure, removing crowded leverage can set a cleaner base for the next directional move.</p>
<p>For now, the $1.00 level remains the main line in the sand. Whether the combination of rising on-chain activity and steady ETF inflows is enough to convert into a sustained price recovery remains to be seen.</p>
<p><strong>Sources:</strong><br><a href="https://www.coindesk.com/markets/2026/06/30/xrp-holds-usd1-support-as-network-activity-rises-and-leverage-clears-out" rel="noopener noreferrer nofollow">CoinDesk: XRP Holds $1 Support as Network Activity Rises and Leverage Clears Out</a><br><a href="https://beincrypto.com/xrp-etf-inflows-bitcoin-outflows-june-2026/" rel="noopener noreferrer nofollow">BeInCrypto: XRP ETF Inflows Hit 8-Week Streak as Bitcoin ETF Outflows Continue</a><br><a href="https://crypto.news/xrp-price-near-1-as-wallet-growth-hits-three-month-high/" rel="noopener noreferrer nofollow">crypto(.)news: XRP Price Near $1 as Wallet Growth Hits Three-Month High</a></p>

XRP Network Activity Surges As ETF Inflows Grow

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