XRP’s Tokenized Asset Empire Reaches $4 Billion as ETF Outflows and Political Delay Test Market Grip

XRP price languishes at $1.11 with 41% YTD loss despite $4B in tokenized assets and MiCA license; institutional outflows and political delays weigh.

The XRP Ledger now underpins roughly $4 billion in tokenized real-world assets across more than 500 financial products — a figure nearly four times the size of the entire XRP spot-ETF market. Yet the token’s price tells a different story, stuck at $1.11 and nursing a 41% year-to-date loss as institutional money heads for the exits and a key political catalyst slips into the summer lull.

Ripple, the company behind XRP, secured a full crypto-service license in Luxembourg under the EU’s MiCA framework, a move that paves the way for compliant cross-border payment services across 30 European Economic Area countries. The regulatory green light was expected to bolster XRP’s European footprint, but the market’s attention has instead been diverted by the missed White House deadline for the CLARITY Act on July 4. The bill’s next realistic window opens only in early August, leaving buyers with little urgency to jump in.

On the institutional front, spot XRP ETFs suffered a net outflow of $7.29 million on July 8 — their heaviest single-day redemptions since March 2026, according to available data. Bitwise accounted for the entire sum, while other issuers reported no comparable withdrawals. Month-to-date inflows have dwindled to just $4.68 million, a fraction of the volumes seen in prior months. Cumulative net inflows since the funds launched remain solid at around $1.40 billion, but the recent pullback signals a cooling in risk appetite.

That caution is echoed in the derivatives market. Open interest for XRP futures on Binance slid to roughly 397 million XRP on July 9, the lowest level in more than three months. CryptoQuant pegged total open interest at $350.6 million on July 10, among the lowest readings of recent months. The elevated NVT ratio of 162.86 underscores that on-chain activity is outpacing capital inflows, a classic sign of fading investor conviction. The 14-day RSI sits at 47.2, neutral territory, while the 50-day and 200-day simple moving averages at $1.18 and $1.46 respectively keep the spot price trapped below both key levels.

Against this backdrop of institutional hesitation, the XRP network itself is humming. Autonomous transactions spiked 77% in a single day on July 10, even as volume on Ripple’s RLUSD stablecoin dropped 32%. The newly launched XRPL AI Hub, a joint project between t54 and the XRP Ledger Foundation, is driving additional activity via the x402 protocol. That same day, XRP broke through the resistance zone between $1.0950 and $1.1000 just after 01:00 UTC, with trading volume surging 88% above its 24-hour average to 43.51 million XRP. The move turned a prolonged sideways grind into a genuine breakout, establishing $1.10 as a new support level.

A counter-narrative emerges from the behavior of large holders. Wallets with significant XRP holdings are quietly accumulating during the weakness, and supply on Binance has dropped to a two-year low — suggesting that long-term players are absorbing the selling pressure rather than adding to it.

Technically, the token is trading dangerously close to its 52-week low of $1.01, with sellers blocking any meaningful recovery. The critical support zone sits between $1.00 and $1.05; a break below could quickly drag prices toward $0.90. On the upside, $1.10 now serves as the immediate floor — a level that will determine whether the network’s fundamental progress can rekindle interest on the capital-markets side. With the next meaningful political catalyst not expected until early August, XRP faces a test of patience in the coming weeks.