XRP aims for $0.90 as ETF demand battles selling pressure from whales

Summary

XRP is trading near $1.11, about 17% below its June open, after hitting a new 2026 low and losing roughly $8 billion in market value in three sessions. Despite strong regulated demand, price remains under pressure from heavy loss realization and weak on-chain activity. Glassnode says XRP’s 90-day realized profit-to-loss ratio has fallen to 0.38, signaling capitulation, while the average realized price near $1.48 leaves many holders underwater. XRP Ledger fees have dropped 91.5% from February 2025 levels, showing a sharp collapse in organic transaction demand. At the same time, US spot XRP ETFs have accumulated about 923.7 million XRP and nearly $1.45 billion in net inflows since launch, with May bringing the year’s strongest monthly inflow. Large holders also continue accumulating, but that demand has not yet offset selling pressure. Key levels are $1.00 and then $0.90 if support fails.