XRP Stabilizes Near $1 as Leverage-Heavy Selling Fades

XRP is holding steady near $1 as leverage-heavy selling has been flushed out of the market.

The token's price slipped 1% during the session but bounced back from support after open interest fell sharply and long positions were liquidated.

Daily active addresses have increased by 72% since mid-June, rising to nearly 39,500 on June 27, while XRP spot ETFs logged $15.34 million in inflows on June 29 despite weak broader crypto sentiment.

Traders are now watching whether the $1 base can hold long enough for buyers to challenge the next resistance level at $1.08-$1.10 and reclaim the upper end of that zone.