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XRP nears $1.10 as Ripple gains EU MiCA license and ETF inflows boost institutional interest.

Market News
24 Jul 2026
Tokenpost
View Source
Bullish
XRP nears $1.10 as Ripple gains EU MiCA license and ETF inflows boost institutional interest.

XRP traded near the key $1.10 level amid Ripple's progress in obtaining a full crypto-asset service provider license under the EU's MiCA framework, allowing broader European market access. Ripple also invested in compliance fintech Notabene to enhance regulatory adherence for its stablecoin RLUSD, signaling a focus on regulated institutional use. Additionally, XRP ETFs have seen over $200 million in inflows this year, reflecting growing institutional demand. The market balances short-term price pressure against these long-term regulatory and enterprise developments, with $1.10 as a critical technical support level to watch.

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