XRP has demonstrated resilience, holding above the key $1 level after a significant deleveraging event that saw open interest collapse from previous highs. This stability is coupled with improving network fundamentals, including a rise in active addresses, suggesting underlying organic growth. While ETF inflows are noted, XRP's immediate challenge is to reclaim the $1.10 price point to signal a clearer bullish trend. This confluence of reduced leverage and increasing utility could provide a foundation for further price appreciation, but sustained momentum above critical resistance is essential for a confirmed breakout.
XRP's ability to hold $1 post-deleveraging, alongside rising active addresses, indicates potential for a fundamental-driven recovery. Institutional interest, hinted by ETF inflows, could provide a demand floor, making XRP a watch for portfolio diversification.
XRP active addresses sustained growth → signals increasing utility and organic demand.
Open interest has collapsed from last year’s highs while active addresses and ETF inflows rise, but XRP still needs to reclaim $1.10 before the chart turns cleaner.