# XRP near $1.10 as Flare upgrade boosts utility and ETF odds rise

**Published:** 2026-08-02T08:41:30.632Z  
**Topic:** Ripple Xrp  
**Sentiment:** neutral  
**Publisher:** TrendWatcher — https://www.trendwatcher.in/article/b682d9a8-ae10-4fbf-a03d-7335faf361fb

XRP trades around $1.08, edging toward $1.10 resistance after Flare’s staking upgrade and a 95% chance of ETF approval, drawing potential billions of inflows.

XRP slipped past $1.08, closing just $0.02 shy of the $1.10 resistance that could trigger a breakout, while a Flare Network upgrade simplifies staking and a near‑certain ETF decision promises fresh institutional capital.  

| At a glance | |
|---|---|
| Price | $1.08 |
| 24h change | +0.3 % |
| Key level | $1.10 resistance |
| Catalyst | Flare Smart Accounts v1.3 upgrade & 95 % ETF approval odds |

## Flare upgrade lifts XRP’s DeFi appeal  
Flare’s Smart Accounts v1.3 collapsed the two‑signature staking process into a single XRPL signature, allowing billions of XRP to be linked to smart contracts without a new EVM or custodial intermediary【2】. The upgrade promises a non‑custodial, 1:1‑backed staking flow that automatically mints FXRP for yield, removing a friction point that has kept large holders on the sidelines. This technical improvement coincides with a modest price rise, keeping XRP just below the $1.10 ceiling that has framed recent upside moves.

## ETF outlook and institutional inflows  
Separately, the pending SEC decision on XRP‑linked ETFs carries a 95 % approval probability, according to market estimates【1】. Analysts project $4‑$8 billion of inflows in the first year, with some forecasts of up to $5 billion in the initial month【1】. So far, spot ETF activity has been muted: daily inflows dipped to $592,000 on Tuesday, but cumulative net assets sit at $972 million and total inflows remain at $1.5 billion【2】. The contrast between the high approval odds and the current low inflow pace underscores a waiting‑game dynamic for institutional capital.

## Market context and price outlook  
The broader crypto market is awaiting the Federal Reserve’s rate decision, with a 35 % chance of a 25‑bp hike and a prevailing view that rates will stay in the 3.50‑3.75 % band【2】. XRP’s price has mirrored this neutral‑to‑bullish sentiment, edging higher but remaining constrained by the 50‑day EMA at $1.08. Should the Fed hold rates steady and the ETF receive approval, the $1.10 barrier could act as a catalyst for a larger rally.

## What to watch  
- **$1.10 resistance** – a decisive close above this level could signal the start of a new upside phase.  
- **SEC ETF decision** – any ruling in the coming weeks will directly affect inflow expectations.  
- **Flare staking adoption** – on‑chain metrics of FXRP minting and vault usage will indicate whether the upgrade translates into real demand.  

The convergence of a technical upgrade, a near‑certain regulatory green light, and a favorable macro backdrop positions XRP at a pivotal juncture; the next price move will hinge on whether institutional capital flows in as anticipated.

## Sources
1. Fxempire — [XRP Set to Surge After Technical Breakout Amid Macro and ...](https://www.fxempire.com/forecasts/article/xrp-set-to-surge-after-technical-breakout-amid-macro-and-fundamental-strength-1547770)
2. FXStreet — [XRP edges up as Flare simplifies staking process](https://www.fxstreet.com/cryptocurrencies/news/ripple-price-forecast-eyes-110-breakout-as-flare-network-upgrade-boosts-xrp-utility-202607291300)

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Cite as: TrendWatcher, "XRP near $1.10 as Flare upgrade boosts utility and ETF odds rise", https://www.trendwatcher.in/article/b682d9a8-ae10-4fbf-a03d-7335faf361fb