XRP Price Hits 2026 Low, but On-Chain Data Signals Healthy Network Positioning
L'essentiel
XRP trades near $1, its weakest 2026 level, yet on-chain data shows improving health: declining exchange-held supply, positive whale flows, and $243M in ETF inflows since April.
Résumé généré par IA
Pourquoi c'est important
XRP's price decline contrasts with improving on-chain data, suggesting potential for future price recovery.
XRP is trading just above $1, leaving the token at its weakest price level of the year, but onchain data paints a different picture. The exchange-held XRP supply continues to fall, Binance withdrawals have exceeded deposits for seven straight days, whale flows are holding positive and spot XRP exchange-traded funds (ETFs) have attracted $243 million in inflows since April. The improving onchain data points to healthy network positioning, even as XRP continues to search for a price bottom.
Crypto analyst Amr Taha noted that Binance's XRP reserve has fallen to its lowest level since March after roughly 100 million XRP left the exchange over the past month. Binance's balance stood at about 2.68 billion XRP on June 25, down from 2.78 billion XRP on May 12, accounting for the largest outflow among major trading platforms.
XRP daily deposit/withdrawal transactions (%) on Binance. Source: CryptoQuant
This indicates users are moving coins off Binance more frequently than sending them to the exchange, marking the longest withdrawal-led stretch in roughly a year. Large XRP holders supported the trend. XRP whale flow on the 90-day moving average has stayed positive throughout the quarter at 5.143 million XRP per day, showing consistent net accumulation by large wallets instead of distribution.
Institutional demand has also added support. Spot XRP ETFs recorded $2 million in net inflows on June 24, lifting June's total netflows to $31 million. Since April, the total cumulative inflows have reached $243 million.
From a technical standpoint, the higher-time-frame market structure remains bearish for the altcoin. XRP touched $1.01 on Thursday, its lowest price of 2026, leaving the token close to its first move below $1 since November 2024. The decline has pushed XRP down 43% year-to-date.
Black Swan Capitalist founder Versan Aljarrah continues to focus on the longer-term chart. The analyst said XRP has spent years building a large accumulation range with higher lows on both weekly and monthly timeframes. Aljarrah argued that extended consolidations often produce stronger breakout moves once the price eventually breaks out of the range, with the analyst targeting $10, i.e., a 900% increase from the current price.
À surveiller
Perspective IA — des possibilités, pas des certitudes
XRP may experience a stronger breakout once it leaves its current accumulation range.
Probable · En quelques mois
Questions ouvertes
- Will XRP break out of its accumulation range as predicted by Versan Aljarrah?
