XRP holds near $1 amid a key regulatory win in Europe, but price weakness persists despite strong institutional demand. • Ripple secured preliminary CASP licenseXRP holds near $1 amid a key regulatory win in Europe, but price weakness persists despite strong institutional demand. • Ripple secured preliminary CASP license

XRP (XRP) Daily Market Analysis 29 June 2026

2026/06/29 08:37
1 min read
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XRP (XRP) Daily Market Analysis 29 June 2026

XRP holds near $1 amid a key regulatory win in Europe, but price weakness persists despite strong institutional demand. • Ripple secured preliminary CASP license approval under EU MiCA framework on 23 June 2026 • XRP ETFs posted seven consecutive weeks of positive inflows, totaling over $1 billion • Daily active addresses on XRP Ledger surged 71.7% from 23,000 to 39,500 between 14-28 June • Derivatives show caution: long liquidations spiked 800% and funding rates turned deeply negative • Token down 7% weekly and 19% monthly, trading 72% below July 2025 peak of $3.65

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