XRP reserves hit a seven year low at 1.6 billion units! What does this mean for the next major move?

XRP traded within the $1.10 to $1.30 band on June 21 and 22, with the price hovering around $1.14 as of June 21. Despite a modest daily decrease of just 0.34 percent in the last 24 hours, XRP saw a daily trading volume of $872 million and a total market capitalization of $70.97 billion. These figures kept XRP firmly positioned as the sixth largest cryptocurrency by market capitalization.

Trading in a narrow range takes center stage

Throughout June, XRP’s price movement remained tightly constrained. Although the asset lost more than 16 percent over the last 30 days, demand near the $1.10 level provided a backstop against deeper declines. During trading on June 22, the price briefly dipped to $1.12.

Around 21:00 UTC, trading volume surged to 85.8 million XRP, with an intraday low of $1.1213. Buying activity quickly accelerated, propelling XRP back up to $1.148 within a matter of hours, recouping much of the session’s losses. However, the $1.147 to $1.149 range has emerged as a notable resistance zone in the short term.

Market analyst EGRAG CRYPTO took to X (formerly Twitter) to describe the past two months of XRP price action as a battleground. According to EGRAG CRYPTO, holding current levels is vital for any meaningful upward momentum. While his long-term projections reference targets between $9.50 and $17.23, those numbers feel remote as long as XRP trades below $1.20.

New moves within the Ripple ecosystem

Ripple, the developer behind XRP, has continued its initiatives in both payments and stablecoins. The company expanded RLUSD integration to new payment infrastructures, and joined the Series E funding round of Flutterwave, which aims to enhance stablecoin adoption in Africa. Ripple is recognized as a US-based technology firm building blockchain-powered payment and digital asset infrastructure solutions.

Ripple also partnered with Bitso in the peso-based MXNB stablecoin project operating on the XRP Ledger. Additionally, RLUSD has been integrated into Mastercard’s stablecoin settlement framework. On the XRP Ledger front, an AI Starter Kit was launched to enable artificial intelligence agents to transact automatically in XRP and RLUSD.

Mini glossary: The x402 protocol is described as a transaction framework intended to facilitate payment triggers between internet-based services. In the context of this article, it enables AI software to initiate automated payments using XRP and RLUSD.

Monitoring exchange reserves and fund flows

On chain data reveals that the amount of XRP held on centralized exchanges has fallen to roughly 1.6 billion units, registering the lowest point in seven years. Compared to October 2025, this signals an approximate 50 percent drop, a situation which could amplify volatility if buying pressure increases.

On the institutional side, XRP investment products attracted $10.66 million in net inflows during the week ending June 18, bringing total cumulative inflows close to $1.45 billion. In contrast, major wallets offloaded more than 30 million XRP in the last five days, and several on chain activity indicators softened in the same period.

On the regulatory front, the CLARITY Act, aimed at providing clearer definitions for digital commodities, passed committee stages. The next step is for the bill to be considered on the Senate floor, where it will require 60 votes for approval.

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