XRP Holds Firm at $1 as Investment Inflows Surge

XRP is keeping steady around the $1 support level this week. Traders are watching the price closely as the asset proves it can maintain its position despite a significant increase in the supply of stablecoins on the XRP Ledger. Supply metrics show a 195 percent rise recently, yet the price action remains stable.

Institutional investors appear to be showing renewed confidence in the asset. Investment products tied to XRP pulled in 253.6 million dollars during the second quarter. This level of capital inflow suggests that professional interest in the ecosystem is growing even when market conditions shift.

Looking ahead, market participants will monitor whether this buying pressure can push the price beyond current resistance levels. For now, the combination of strong inflows and steady ledger activity keeps the sentiment around XRP relatively positive.