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06/16 13:52

XRP – Uneven demand caps XRP’s latest surge after

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XRP – Uneven demand caps XRP’s latest surge after altcoin breaches $1.18XRP’s latest advance pushed the price above the $1.18-zone, a level that repeatedly capped recovery attempts following the early June sell-off from $1.36. The surge pushed XRP’s price to $1.22 and coincided with a 94% surge in daily trading volume to $1.73 billion.That uptick hinted at strengthening participation as the price advanced on the charts. More importantly, reclaiming $1.18 shifts focus from simple recovery towards a potential trend reversal. However, the breakout still remains unconfirmed. Sustained buying above $1.18 is needed before stronger upside continuation emerges across the board. ETF demand strengthens XRP’s recovery XRP’s recovery has so far increasingly benefited from institutional participation, with ETF demand building in the background. Since late 2025, U.S Spot ETFs have attracted roughly $1.44 billion in cumulative inflows, including 8.80 million XRP worth roughly $10.68 million in the latest week. As a result, ETF holdings have now climbed towards 924 million XRP, gradually reducing liquid supply. This might explain why XRP has remained resilient, despite cautious market conditions. More importantly, ETF inflows are evolving from short-term catalysts into a steadier source of demand. And yet, sustaining the recovery still depends on whether those inflows continue to support market absorption or not. Upbit dominates XRP’s flows XRP’s latest breakout also highlighted strengthening demand. However, it’s worth pointing out that the source of that demand has been increasingly concentrated. While the altcoin recovered from $1.11 to $1.18, wallet-flow dominance shifted decisively towards Upbit, creating a divergence between rising price and increasingly uneven exchange participation. Upbit’s dominance climbed from 13% on 7 June to
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