XRP Derivatives Skew 77% Long at $1.09 as XRPL RWA Supply Hits $4B

XRP is changing hands near $1.0888, down 2.61% over 24 hours, holding above the $1 line that has capped the downside since the token lost $1.25 in early June. The 24-hour range runs $1.0694 to $1.1217 with a pivot at $1.0919, and RSI(14) sits at 43.2 — a downtrend reading that hasn’t reached oversold territory yet.

Derivatives positioning: long-skewed, thin cushion

Futures data shows a long/short account ratio of 3.30, with 76.8% of accounts positioned long against open interest of roughly $641 million. Funding sits at a barely positive +0.0020%, meaning the crowd is paying almost nothing to stay long — a setup that leaves the market exposed to a squeeze if $1 support fails.

Price structure remains a descending channel on the daily chart, with XRP trading below both the 100-day and 200-day moving averages, both now sloping down and capping upside near $1.25. A proprietary 42-indicator scoring model flags $1.2155 as the strongest overhead level (77/100, built from volume Point of Control, the 0.382 Fibonacci retracement and the upper Keltner band), with a nearer $1.1514 ceiling scoring 67/100 on Ichimoku Kijun and the prior day’s high. Downside support at $1.0708 scores 71/100 on MACD crossover confluence. A clean break above $1.25 opens room toward the 200-day average near $1.45; a daily close below $1 risks a slide toward $0.80.

Machine-agent volume crosses 1 million on XRPL

Autonomous, non-human commercial transactions on the XRP Ledger have surpassed 1 million, routed through the x402 machine-payments protocol that lets one AI agent pay another without human input. The XRPL AI Hub, maintained by infrastructure firm t54 and the XRP Ledger Foundation, lists 121 registered active traders, but over 77% of total volume concentrates in three wallets: Heurist Mesh (404,091 transactions), LucyOS (367,733) and AskSurf (23,076). The remaining flow is spread across dozens of wallets averaging roughly 2,400 transactions each, a distribution consistent with pipeline-style agent deployment rather than isolated test traffic.

Tokenized RWA supply outpaces spot ETF AUM 4x

Tokenized real-world assets on XRPL now total approximately $4 billion across more than 500 products, up from $3.56 billion in May — over $400 million added in roughly two months. That figure is roughly four times the entire XRP spot ETF market. A live settlement demo between Ondo Finance, JPMorgan, Mastercard and Ripple completed a full redemption cycle for Ondo’s tokenized Treasury fund OUSG — through JPMorgan’s Kinexys network — in approximately five seconds, compressing a multi-day process into a single on-chain window.

US spot XRP ETFs have posted net inflows for eight straight weeks, adding roughly $23 million in the last week of June for cumulative inflows near $1.47 billion. Bitwise’s fund leads with about $501 million cumulative, against total assets across all spot XRP ETFs of $988 million. New wallet creation jumped roughly 40% week-over-week to about 26,000 at end of June, the highest weekly figure since March — on-chain flow data that points to broadening XRPL usage even as spot price sits pinned at the $1 support line.

Read more: XRPL Tokenized Assets Double to $2B as Evernorth Ditches Pure-Hoarding Model

Sources

• coinotag.com