XRP managed to hold above the critical $1.10 support level after last week's sharp breakdown, but its recovery remains tentative.
The token continued to lag behind the broader crypto market as futures traders positioned around key support levels.
Institutional money continues to flow into XRP-linked products, with cumulative ETF inflows reaching roughly $1.44 billion and rising by another $6.75 million last week.
The XRP Ledger's version 3.2.0 upgrade is scheduled for June 15 and is expected to reduce server memory requirements by around 40%, while rebranding the core software from 'rippled' to 'xrpld'.