XRP at $1.05: The Price Looks Dead, but the Network Just Woke Up

XRP is at $1.05. Down 6% on the week. Still pinned below resistance. Still clinging to $1 (live XRP price on CoinGecko).

Look at the price alone and you would think XRP is dead in the water. But look at the network, and something different is happening. Activity is surging. Leverage has been flushed. The setup underneath is actually getting cleaner, even though the price is not showing it yet.

Let me explain.

The network just jumped 72%

Here is the stat that caught my eye. XRP’s active addresses jumped 72% in the past two weeks. That is a big move. More active addresses means more wallets actually using the network, sending and receiving XRP. While the price drifted, real usage of the XRP Ledger climbed sharply.

That matters because price and usage do not always move together. Right now they are diverging: the price is weak, but the network is busier. Rising activity during a price slump is the kind of thing that tends to get noticed later, not in the moment. It says people are using XRP even when the chart looks ugly.

Leverage got washed out, and that’s good

Second piece, and it is underrated. Open interest in XRP, basically the amount of leveraged betting on it, has fallen to its lowest level since July 2025.

Why is that good? Because too much leverage is what makes crashes violent. When everyone is making leveraged bets and the price dips, those bets get force-liquidated and the price cascades lower. With open interest washed out to multi-month lows, a lot of that risky leverage is gone. It gives traders a cleaner setup, less fuel for a sudden liquidation cascade, a healthier base to build from.

So you have got rising real usage and falling risky leverage. Both are quietly constructive, even though the price has not caught up.

Ripple is building something new, too

On top of the on-chain signals, Ripple keeps shipping. The latest: a proposed XRP Ledger standard that would let institutions borrow against tokenized real-world assets, with the blockchain itself enforcing the loan terms while human credit teams handle the underwriting.

That is a real institutional use case. It would turn the XRP Ledger into infrastructure for tokenized-asset lending, the kind of practical, finance-grade application Ripple keeps pushing. It still needs validator approval to go live, so it is not done yet. But it shows the building never stopped while the price fell.

The price reality, because it’s still tense

Back to the chart, because none of the above changes today’s tension. XRP at $1.05 is a nickel above $1.00, the floor it has defended this whole correction. It is still one of the weaker majors. It is still trapped below resistance.

And the CLARITY Act, XRP’s big regulatory catalyst, is still stuck, hung up on a contested provision with a July 17 hearing as the next checkpoint. So the price weakness is real and the catalyst is delayed. No sugarcoating that.

The levels

Down: $1.00 is the line. Below it, $0.95 then $0.90.

Up: reclaim $1.12, then $1.20 to say the downtrend is breaking.

Bottom line

XRP at $1.05 looks lifeless on price, but the network underneath just woke up: active addresses up 72%, leverage flushed to its lowest since July 2025, and Ripple proposing a new tokenized-asset lending standard. The price has not caught up to the improving setup, and with the CLARITY Act still stuck until July 17, the near-term remains tough.

But this is the gap worth watching: a weak price sitting on top of strengthening fundamentals and a cleaner technical base. Watch $1.00 above everything. Hold it and XRP survives this with a healthier setup than the chart suggests. Lose it and the next leg opens. The price says dead. The network says otherwise.

FAQ

What is the XRP price today?

XRP is trading at $1.05 on June 30, 2026, down 6% on the week, clinging to the critical $1.00 level while trapped below resistance, even as on-chain activity rises.

Why is XRP’s network activity rising?

XRP’s active addresses jumped 72% in two weeks, meaning more wallets are actively using the XRP Ledger. This rising usage diverges from the weak price, suggesting real network demand even during the slump.

What does falling XRP open interest mean?

XRP open interest, a measure of leveraged positions, fell to its lowest since July 2025. That means risky leverage has been washed out, reducing the fuel for sudden liquidation cascades and giving traders a cleaner, healthier setup.

What is Ripple’s new lending proposal?

Ripple proposed an XRP Ledger standard that would let institutions borrow against tokenized real-world assets, with the blockchain enforcing loan terms while human credit teams handle underwriting. It still needs validator approval to go live.

Will XRP fall below $1?

It is a real risk. At $1.05, XRP is a nickel from $1.00, the floor it has defended all correction. However, rising network activity and flushed-out leverage suggest a healthier base than the price implies.

This is not investment advice. Cryptocurrency is highly volatile. Always do your own research.