XRP remained largely range-bound on Saturday despite high market liquidity, failing to establish a clear directional move.
Notably, the asset surged nearly 8% over the past seven days even as persistent selling pressure continues to weigh on the broader cryptocurrency market.
Meanwhile, according to data shared by popular analyst Ali Martinez from analytics platform Santiment, daily active addresses on the XRP network have increased significantly since mid-June.
The number of active addresses reportedly increased from roughly 23,000 on June 14 to nearly 39,500 by the end of June, representing a jump of roughly 72% in just two weeks.
Despite recent price weakness, demand for XRP-related investment products has remained resilient.
 
Additionally, analyst Xaif Crypto noted that XRP exchange-traded products recorded net inflows totaling $22.99 million last week.
According to the analyst, Bitwise accounted for the majority of those inflows with $16.97 million, while Franklin Templeton contributed another $3.97 million.
The reported inflows pushed total net asset value across XRP investment products to approximately $934 million, bringing the sector closer to the $1 billion milestone.
Notably, institutional interest has become an increasingly important metric for crypto investors, with sustained capital inflows often viewed as a sign of growing confidence among larger market participants.
Furthermore, analyst “Cryptollica” argued that XRP is currently experiencing one of the deepest oversold conditions in its history based on relative strength index (RSI) readings.
The analyst suggested that previous major bull runs have historically followed periods of severe RSI exhaustion and believes the current setup could precede another significant move higher.
Meanwhile, crypto analyst Javon Marks maintained an even more bullish outlook. The analyst stated that many investors failed to anticipate XRP’s rally from roughly $0.50 to above $3.30 and argued that market sentiment is once again underestimating the asset’s upside potential.
According to Marks, XRP could still have substantial room for expansion, with the analyst projecting gains exceeding 1,300% if broader altcoin market conditions turn strongly favorable.
At press time, XRP was trading at $1.13, reflecting a 3.35% gain in the past 24 hours.
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