XRP activity on Binance has sharply declined, dropping from approximately 650,000 30-day deposits and withdrawals in June to 350,000 currently, suggesting an accumulation phase. The NVT Ratio surged 144.21% to 697.6, indicating that market capitalization is growing faster than on-chain transaction volume. Funding rates climbed 52.16% to 0.008685, revealing sustained bullish sentiment among traders. Currently trading near $1.09, XRP is maintaining its $1.05 support level while buyers aim to break through the $1.15 resistance threshold.
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