XRP has struggled to reclaim $1.20 despite growing institutional adoption, with roughly $4 billion in tokenized real-world assets now on the XRP Ledger, eight consecutive weeks of spot ETF inflows and a sharp increase in new wallets. CryptoQuant reports Binance's XRP Scarcity Index has reached a one-year high.

Heavy volume pushed XRP through resistance, but sellers met the move near $1.16 and left traders watching whether former resistance can now hold as support.

Buyers defended the session lows and pushed XRP back toward resistance, but muted overall volume left traders waiting for confirmation above $1.13-$1.14.