XRP Climbs Toward $1.10 as ETF Flows Resume and Big Institutions Join XRPL
XRP is showing fresh signs of life after a rough stretch. The token climbed back near the $1.10 mark as money started flowing into related exchange-traded funds again and a major asset manager announced plans to use the XRP Ledger.
Price Action and Recent Moves
On July 30,
Even with the gain, the bigger picture stays mixed. Price still sits just under a key daily average at $1.097. A clean daily close above that line could open the door to the next resistance near $1.14.
ETF Inflows Return
One clear driver behind the rebound was renewed buying through XRP exchange-traded funds. Data showed roughly $584,000 in net inflows on July 29. That marked the first positive day since July 25 and kept the weekly total in the green for the third straight week.
While the daily number looks small next to overall trading volume, it signals that regulated products are once more attracting money. For many investors this offers an easy way to gain exposure without holding the token directly.
Aviva Investors Brings Traditional Finance to XRPL
Institutional interest got another boost when Aviva Investors, a UK firm managing about $350 billion, said it will launch a tokenized share class of its USD Liquidity Fund on the XRP Ledger. The move targets eligible investors who already use crypto wallets.
This step gives the XRP Ledger a clear use case in traditional finance beyond simple payments. It also follows a recent network upgrade that improved how the chain handles certain tasks.
Technical Picture Remains Cautious
Short-term charts show XRP sitting right at the 0.618 Fibonacci retracement level near $1.09. The Supertrend indicator still points bearish, and money flow readings remain negative. This means price is rising while actual buying pressure looks weak.
If bulls can push and hold above $1.10, the next targets sit near $1.105 and $1.12. On the downside, support rests around $1.07 and then $1.05. A break below those levels could quickly send price back toward the recent low near $1.045.
What Comes Next
The near-term path for XRP depends on whether ETF demand can overcome the mixed technical signals. A sustained move above $1.10 would improve the outlook and could trigger more short covering. Rejection at this zone, however, might pull the token back into the $1.065 to $1.07 area.
Broader regulatory questions around the CLARITY Act still hang over the market. Any delay there could keep some investors on the sidelines even as fresh institutional use cases appear.
Overall, the combination of returning ETF flows and real-world tokenization projects shows growing interest in XRP and its underlying network. Traders will watch closely to see if price can turn this rebound into a stronger uptrend.
