XRP Stabilizes Above $1 as Network Activity and ETF Inflows Pick Up

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XRP is holding above the $1 mark following a significant flush of leveraged positions in the market. Open interest in XRP has dropped sharply from the highs seen last year, reducing speculative excess in the asset. However, on-chain metrics are showing signs of improvement, with active addresses and ETF inflows both trending upward. Analysts note that XRP still needs to reclaim the $1.10 level for the technical outlook to turn more convincingly bullish.

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