- XRP climbed above $1.13 as the XRP Ledger surpassed 1 million AI agent transactions, while whales increased their holdings.
- ETF inflows and strong support near $1.12 could help XRP target the $1.20 resistance level.
XRP price is showing signs of recovery as activity on the XRP Ledger (XRPL) continues to expand. The network has crossed more than one million AI agent transactions, while large holders have increased their XRP holdings during the latest market rebound.
The milestone has attracted attention from investors who are watching whether growing XRPL adoption can support long-term demand for XRP. At the same time, XRP ETFs continue to record inflows, adding further interest around the asset.
XRPL Reaches 1 Million AI Agent Transactions
The XRP Ledger has processed over one million AI agent transactions, highlighting the increasing use of blockchain-based automation. These transactions involve artificial intelligence systems that can execute payments and other actions automatically through programmed instructions.
RippleX engineering leadership expects AI-driven transactions on XRPL to grow significantly as more infrastructure is developed. The number of AI agent transactions could potentially reach 100 million within the next few years.
The growth shows rising interest in blockchain networks that can handle automated payments quickly and at low costs. However, higher transaction activity alone does not guarantee XRP price growth. Investors will continue monitoring developer activity, liquidity, and real-world network usage.
XRP Whales Increase Holdings as Retail Wallets Decline
XRP price recently climbed above the $1.13 level as market sentiment improved. The recovery came as larger XRP holders increased their exposure.
Data from Santiment shows wallets holding between 100,000 and 100 million XRP added 2.8% more tokens over the past five weeks. Meanwhile, smaller wallets holding less than 0.01 XRP reduced their holdings by 5.2% during the same period.
The difference suggests that larger investors have been accumulating XRP while some smaller holders have reduced their positions. Whale activity remains a key factor as traders assess XRP’s next potential move.
XRP Price Prediction: Can XRP Break Above $1.20?
XRP was trading near $1.137 after briefly moving toward the $1.20 resistance zone. The four-hour chart shows XRP maintaining support above $1.12 following its recent breakout from a trading channel.
Technical indicators remain positive. The RSI is around 60, showing buying strength without reaching overbought conditions. The Chaikin Money Flow (CMF) indicator at 0.29 also points to continued capital inflows.
A move above $1.15 could open the path toward $1.16 and later the major resistance level at $1.20. However, losing the $1.12 support could expose XRP to a possible decline toward $1.07.
XRP ETFs Continue Attracting Investor Interest
XRP ETFs recorded $5.66 million in daily net inflows on July 21, bringing cumulative inflows to $1.49 billion.
The latest inflows were mainly driven by the Franklin XRPZ fund, while total ETF trading volume reached $19.16 million. XRP ETF assets under management stood at approximately $1.06 billion, representing about 1.48% of XRP’s market capitalization.
Bitwise remained the largest XRP ETF product, holding around $333.50 million in assets as institutional interest continued to grow.
Final Thoughts
XRPL’s milestone of one million AI agent transactions adds to the growing adoption story surrounding XRP. With whale accumulation, ETF inflows, and improving technical indicators, XRP could attempt another move toward $1.20 if buyers continue defending key support levels.
However, sustained growth will depend on continued network usage, institutional demand, and whether XRP can break above major resistance zones.
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