USDC overtakes XRP after $1.15 drop as ETF inflows reverse

XRP slid to a four‑month low near $1.15 on June 4. Its market cap fell below $75B as USDC overtook it at #5, per CoinGecko rankings. Source: Coinspeaker.

Institutional flows flipped. XRP spot ETFs ended their longest 2026 inflow streak on April 30, with no net inflow on May 1, turning $1.40 from support to resistance. See ETF flow data via SoSoValue.

Macro added pressure. Crypto shifted risk‑off after strong U.S. labor data and repriced Fed cuts. Context: market risk-off coverage. Bitcoin softness weighed on alts.

ETF paradox stood out. AUM hit fresh highs in May while price stayed near $1.43, implying inflows no longer offset selling. Data: SoSoValue.

Source: SoSoValue

Sentiment weakened ahead of the break. Social volume and crowd ratio hit multi‑week lows, flagged as capitulation‑adjacent. Source: Santiment metrics summary.

Network use rose. Active XRPL addresses reached a five‑week high in mid‑May, while price stalled near $1.55. Ripple’s RLUSD added corridors that can draw institutions once macro stabilizes. Details: RLUSD expansion.

Levels to watch:
- $1.14–$1.10. Analyst Ali Martinez mapped a triangle breakdown toward $1.14; below $1.10 opens sub‑$1.00 risk. Source: Ali Charts.
- $1.30. Broken. Now near‑term resistance.
- $1.40–$1.45. First supply band. A daily close above $1.45 would argue a corrective drop, likely with ETF net inflows returning. Flows: SoSoValue.

Selling looked forced. Monday’s volume spiked versus prior two weeks, consistent with a liquidation flush. If $1.14 fails, a second wave is possible. Source: Coinspeaker.

Headline: XRP hit $1.15; USDC moved to #5 as ETF inflows stalled