XRP is trading at $1.0950 as of July 12, 2026, down about 70% from its cycle high of $3.65 in July 2025. The token has fallen 25% over the past 60 days and 4.27% in the last 30 days, with a 24-hour trading volume of $741.78 million, down 24.46% from the previous day. Market data shows XRP's active addresses dropped to 25,350, the second-lowest level of 2026, signaling weak network engagement.
Price Levels and Technical Outlook
XRP is currently testing support near $1.10, with resistance at $1.70 and a potential upside target of $2.80 if a strong rebound occurs, according to CoinPedia. The $1.10-$1.20 demand zone remains intact, but the outlook depends on regulatory clarity and market sentiment recovery. Analysts at DMarket Forces note that XRP faces downward pressure from broader crypto sell-offs around the $1.11 level.
CLARITY Act as Key Catalyst
The U.S. Congress is set to release a draft of the CLARITY Act, which defines cryptocurrencies as digital commodities, in the week of July 13, with a floor vote expected the week of July 20. If passed, XRP would likely fall under CFTC jurisdiction, ending years of SEC uncertainty. The SEC lawsuit against Ripple was settled in 2025, but legal clarity remains incomplete. Meanwhile, Ripple has secured a MiCA license in Europe, giving it a regulatory edge globally.
XRPL Ecosystem Growth Outpaces Price
Despite XRP's price weakness, the XRP Ledger ecosystem is expanding rapidly. Tokenized real-world assets (RWA) on XRPL grew from $991 million in early 2026 to about $3.5 billion by mid-2026, a 3.5x increase in six months. In May 2026, JPMorgan, Mastercard, Ondo Finance, and Ripple completed a cross-border tokenized U.S. Treasury redemption transaction on XRPL in under five seconds. Daily transactions on XRPL surpassed 3 million on March 15, 2026, triple the mid-2025 average, widening the gap between network usage and token price.