Today: 28 June 2026
XRP price today slips near $1.34 as oil shock unsettles crypto traders
28 June 2026
2 mins read

XRP price closing in on $1, futures trading volume dwarfs ETF inflows

LONDON, June 28, 2026, 20:32 (BST)

  • XRP was around $1.04 on Sunday after falling about 8.6% in the past week.
  • XRP futures turnover ran about 6.8 times higher than spot turnover in the last 24 hours, according to .
  • U.S. spot XRP funds picked up $15.63 million on Friday, but that’s minor compared to over $1.29 billion traded in XRP futures.
  • This week kicks off with bitcoin holding $1 support, new U.S. ETF flows and fresh leverage pressure around stocks with bitcoin treasuries.

XRP held at $1.044 Sunday evening in London, after swinging between $1.042 and $1.056 through the session. Live crypto quote data showed bitcoin near $59,453, ether close to $1,568 and solana last at $70.92.

AssetLatest priceDay moveIntraday low-high
XRP$1.044down 0.95%$1.042 to $1.056
Bitcoin$59,453off 1.08%$59,355 to $60,383
Ether$1,567.84fell 0.45%$1,561.11 to $1,583.95
Solana$70.92lost 0.28%$70.19 to $71.99

The size of the derivatives market is getting less attention than XRP’s price. CoinGlass shows 24-hour XRP spot volume at $190.7 million, while futures volume stands at $1.29 billion. Futures open interest is at $2.37 billion, with $1.51 million in liquidations. U.S. spot XRP funds saw $15.63 million come in on Friday and total inflows now sit at $1.47 billion, The Block said, citing SoSoValue.

XRP market lineLatest dataInvestor read-through
Spot turnover$190.7 mlnBargain for cash market activity
Futures turnover$1.29 blnNearly 7x spot turnover
Futures open interest$2.37 blnAbout 1.6x all U.S. XRP ETF inflows
Friday U.S. spot XRP ETF inflow$15.63 mlnRoughly 1% of recent futures volume
24-hour futures liquidations$1.51 mlnMinor against OI

This matters since ETF demand remains, but it’s not driving prices in the short term. A $15.63 million inflow to funds can support bids. But with $2.37 billion in open interest, XRP could see much quicker moves if it breaks below $1 and stops get triggered.

XRP had a poor week, losing ground before the weekend. According to Investing.com, XRP dropped from $1.1295 on June 22 to $1.0447 by June 28. Volume jumped on June 26, hitting 511.62 million when the token reached $1.0095 before recovering.

DateXRP priceDaily moveVolume
June 22$1.1295up 0.42%295.66 mln
June 23$1.1100down 1.73%290.39 mln
June 24$1.0731fell 3.32%410.29 mln
June 25$1.0430lost 2.80%443.68 mln
June 26$1.0486up 0.54%511.62 mln
June 27$1.0472off 0.13%243.23 mln
June 28$1.0447down 0.24%196.34 mln

XRP’s price dropped 8.6% over the last week, data from CoinGecko showed. That was deeper than the 5.7% slide for the wider crypto market. CoinGecko pegged XRP’s market cap at roughly $65.05 billion on a circulating supply of almost 62 billion tokens.

ETF flows flipped this week. U.S. spot bitcoin ETFs posted about $1.79 billion in outflows for the week ended June 26, marking their second-biggest weekly pullback since launch. Meanwhile, XRP funds took in $15.63 million on Friday, driving total inflows up to $1.47 billion, The Block said.

Ripple CEO Brad Garlinghouse threw in a warning on leverage at the company level, not just from fund flows. In a CNBC interview reported by CoinDesk, Garlinghouse said, “financial engineering does not drive long-term value” and argued that Strategy “has hurt the overall market.” He called out Strategy’s STRC preferred shares trading around 25% below par and described it as a “damning indictment” of the model. CoinDesk

Strategy co-founder Michael Saylor responded on X, posting: “Volatility tests every capital structure.” The company had 847,363 bitcoin as of June 22, with an average price of about $75,646 each, according to The Block on Sunday. X (formerly Twitter)

XRP holders are still contending with legal questions, even though the SEC case is done. The SEC in August 2025 said a final judgment put a $125.035 million civil penalty on Ripple and left an injunction on registration rules after cross-appeals were dropped.

Traders start the week watching the June 26 low of $1.0095 and the $1.05-$1.07 area that acted as support before prices fell. Last week, CoinDesk said a drop below this zone would put $1 back on the table, while bulls needed to take back $1.10 to argue this was just a shakeout.

Mateusz Kaczmarek is a financial and technology journalist at TS2.tech, covering stocks, artificial intelligence, semiconductors and global market developments. A graduate of the Poznań University of Economics and Business, he previously worked in financial analysis before moving into business journalism. His reporting focuses on technology companies, market trends and the forces shaping global investment markets.

Stock Market Today

  • Palantir Shares Rise 5.3% After Army Contract Announcement Amid $40B Equity Value Dip
    June 28, 2026, 4:13 PM EDT. Palantir Technologies Inc. (NASDAQ:PLTR) shares jumped 5.28% to $112.93 on Friday after the U.S. Army selected it as a partner for the Next Generation Command and Control (NGC2) program. Although Palantir's role involves edge-to-cloud data mesh using its Foundry platform, the contract's financial terms remain undisclosed, contrasting with Anduril's lead position backed by a $20 billion enterprise licensing ceiling. Since June 18, Palantir's stock has dropped 12.1%, wiping out approximately $40 billion in diluted equity value amid concerns over its high valuation, trading at 38 times projected 2026 revenue of around $7.66 billion. Dip buyers including Cathie Wood's ARK Invest have increased holdings, and four of six analysts maintain "buy" ratings with an average price target near $202.

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