XRP Holds Steady at $1.06 Amid Limited ETF Demand and Upcoming Ledger Upgrade

Cryptocurrency markets opened on August 2, but the U.S. ETF market remained shut.

XRP traded near $1.06, down about 1.5% over the past seven days.

The upcoming version 3.3.0 of the XRP Ledger is expected to launch in the next week and will feature five proposed modifications, including batch transactions, permission delegation, sponsored fees, and two token functionalities.

U.S. spot XRP ETFs saw inflows totaling $7.69 million on Friday, but this was insufficient to shift the overall market direction. The penetration gap between XRP funds and those of Bitcoin or Ether remains significant, indicating that present regulated demand is limited.