XRP Price Stays Flat Despite Steady ETF Inflow Growth

XRP is currently hovering around the $1.10 mark, showing little movement despite consistent institutional interest. Data shows that XRP spot ETFs pulled in $8.15 million in net inflows between July 20 and July 24. These funds have helped push total net assets for these products to nearly $1 billion, signaling that larger investors are still accumulating the token.

Even with this steady capital, the price remains stalled between $1.10 and $1.11. Market analysts point out that while $8 million in weekly inflows is a positive sign, the $69 billion market cap of XRP makes it difficult for that level of buying to force a major price breakout. Essentially, persistent selling pressure is currently absorbing the new capital entering the market.

For the near term, traders should watch the $1.10 support level closely. If the price slips below this point, it could drift toward the $1.00 mark. Conversely, a sustained move above $1.11 with high trading volume would be needed to suggest that bulls are finally taking control. Until then, the market remains in a period of consolidation.