XRP Price Rises 2% as AI Trades Drive Volume
Ripple (XRP) price increased 2% to $1.11 on Friday, closely tracking a broader market uptick but primarily driven by a technical breakout above the $1.10 resistance level, confirmed by a late-session volume spike.
According to market reports, the number of commercial transactions executed solely by artificial intelligence systems on the XRP Ledger has surpassed 1 million, marking a significant milestone for crypto-enabled machine economies.
Latest on-chain data shows this surge in activity via the x402 protocol is no longer just an experimental phase. The threshold became clear following the launch of the XRPL AI Hub, a joint initiative by t54 and the XRP Ledger Foundation.
Trading data showed that XRP broke above the $1.0950–$1.1000 resistance zone around 01:00 UTC on July 10, with volume jumping 88% above the 24-hour average to 43.51 million XRP.
This move shifted the structure from range-bound to breakout, establishing $1.10 as a new support level to watch. The price action suggests buyers regained control, overcoming a key technical hurdle that had contained previous rallies.
XRP’s gain aligns with a positive market session where Bitcoin rose 2.11%, and the total crypto market cap increased 1.78%. XRP benefited from a general risk-on flow across crypto, rather than moving on pure alpha.
The immediate path hinges on the $1.0880–$1.10 support zone. A key upcoming event is the ongoing vote on the fixCleanup3_2_0 amendment on the XRP Ledger, which had only 48.57% support from UNL validators as of July 9.
The bullish case remains intact above $1.10, but the structure is fragile. A decisive close above $1.1065 to target the next resistance cluster near $1.14, where short liquidations are concentrated.
The total cryptocurrency market capitalisation increased to $2.29 trillion. Bitcoin saw a 2.3% gain over 24 hours, trading at $64,400.
Ethereum rose 2.0%, reaching $1,790. All market sectors experienced growth; AI, SocialFi, DeFi, and Layer 2 sectors led with gains of approximately 3%, while other sectors saw increases between 1% and 2%. #XRP Price Rises 2% as AI Trades Drive Volume#
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