XRP Surges Past $1.18, But Sustained Demand Needed

XRP's recent price surge pushed its value above the $1.18 mark, a level that had previously capped recovery attempts following a sell-off in early June.

The altcoin's price reached $1.22, accompanied by a significant increase in daily trading volume to $1.73 billion, indicating strengthening participation and potential trend reversal.

However, the breakout remains unconfirmed, requiring sustained buying above $1.18 for stronger upside continuation.

Institutional participation, particularly through ETF demand, has been driving XRP's recovery, with U.S Spot ETFs attracting $1.44 billion in cumulative inflows since late 2025, reducing liquid supply and supporting the altcoin's resilience.