XRP price remains stable near $1.44, with daily gains of only 0.28%, while trading volume holds at $1.86 billion. Analyst Joao Wedson believes that XRP may not have yet reached its cycle low, meaning there is still room for further price decline. Network activity shows strong growth, with daily transaction volume approaching 3 million transactions, but this growth has not translated into price appreciation. Retail participation has increased, with the number of wallets holding fewer than 100 XRP reaching a record 5.6 million, while the number of whale addresses has declined. Derivatives data indicate market caution, with open interest significantly down from earlier highs.

XRP's price is currently driven primarily by strong retail demand and expanding utility, with the number of wallets holding fewer than 100 XRP reaching a record high of 5.66 million. Meanwhile, institutional capital remains highly cautious, with weekly ETF inflows of only $600,000. In comparison, Bitcoin ETF inflows reached $95 million, Solana ETF inflows were $20 million, while Ethereum ETF experienced outflows of $60 million.